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Tag:

McKinsey

McKinsey’s Systematic Under Valuing of Efficiency

written by Walter Wang

Economy versus the Environment. This is a slogan for many when they consider the challenges of dealing with Climate Change and the reduction of greenhouse gas (GHG) emissions.

In 2007, McKinsey issued Reducing US Greenhouse Gas Emissions: How Much at What Cost? that provided a a significant contribution to this discussion. McKinsey’s conclusion: at an “affordable” cost of well below $50 per ton, in aggregate, the United States can meet necessary 2030 targets for GHG emission reductions. All-in-all, this was quite good news for those advocating acting to deal with Climate Change.

There was (and is) reason why the original study and McKinsey’s continuing work in this arena have been widely discussed / cited over the past two years. And, variants of the graphic on cost abatement have shown up in briefing after briefing, article after article, book after book. Good news.

Or, well, is it? McKinsey’s work provides significant data that addressing the environment will have economic cost. Even if a low number, with many actions providing economic benefit, the McKinsey work has a serious underlying thematic: it will cost to address climate change.

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January 19, 2010 2 comments
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McKinsey: Crash program could save 23 percent energy and $1.2 trillion

written by Ceylan Thomson

A crash program to improve the energy efficiency of American homes, offices, and factories could slash energy consumption by 23 percent by 2020 and produce $1.2 trillion in savings, according to a report by the McKinsey consulting firm. McKinsey said that taking steps such as better insulating buildings, replacing old appliances, and sealing ducts is the fastest and best way to cut the country’s energy consumption. The firm recommended an investment of $520 billion in energy efficiency programs over the next 10 years, an amount that dwarfs the $10 billion to $15 billion included in the Obama administration’s economic stimulus package.

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July 31, 2009 1 comment
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Clean Technology leaders to discuss Energy Efficiency hot topics

written by Ceylan Thomson

Clean technology and energy efficiency leaders from Google, the California Public Utilities Commission, McKinsey, the DOE, Kleiner Perkins, and many other green tech folks, will get together on May 20-21 at the inaugural Santa Barbara Summit on Energy Efficiency. The event is organized by UCSB’s Institute for Energy Efficiency and will explore the pipeline of new efficiency technologies as well as the current business, economic, and policy landscape and the obstacles and opportunities it presents. Preregistration has closed, but you can attend by registering at Corwin Pavilion at UC Santa Barbara, where the event is taking place.

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May 19, 2009 3 comments
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