The article reports that technological innovation has led to a sharp increase in energy efficiency and is actually a net saver of energy by a 10-to-1 ratio across the economy. This is the finding of a report released today by the Technology CEO Council. The paper, written by the American Council for an Energy-Efficient Economy, found that it takes half the energy to produce $1 of economic output than it did in 1970 and that energy savings has soared since 1996.
Published
2008
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