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Energy

Can we accelerate energy efficiency by using less fuel?

Marc Juhel's picture
Many of us drive cars on a regular basis, particularly in developed countries, but perhaps rarely think about how we could reduce the impact of our driving on the environment.  In other words, what are some of the policies and specific actions that could facilitate greater improvements in energy efficiency in the vehicles sector?

Questions like these were at the center of discussions at the Fuel Economy Accelerator Symposium held in Paris last week. The event, organized by the Global Fuel Economy Initiative (GFEI), was hosted by the French Ministry of Ecology, Sustainable Development and Energy.  I represented the World Bank at this event, which took place on the heels of the UN Secretary General’s upcoming Climate Conference in New York, scheduled for late September. As a result, the topic of the fuel economy and energy efficiency is especially timely and relevant.

Doubling the global rate of improvement in energy efficiency by 2030 is one of the three major objectives of Sustainable Energy for All (SE4ALL), an initiative led by the UN Secretary-General and the President of the World Bank Group. The other two goals by 2030 are to provide universal access to electricity and modern cooking solutions, and to double the share of renewable energy in the global energy mix. 

Now that you’ve built it, why won’t they come?

Holly Krambeck's picture

If the proven, certified technology is cheap, makes companies more profitable, and at the same time, more green, then why doesn’t every company use it?

 

This is the mystery that our team now faces in Guangdong Province, China, where we are leveraging a multi-million dollar grant from the Global Environment Facility to support the retrofitting of freight trucks with Smartway (and similarly) verified Green Freight technologies*. These technologies improve the fuel efficiency of trucks, and their costs are recovered through fuel savings – in some cases, in as little as six months.   So, the pervasive question – if they are so cost-effective and improve the competitiveness of businesses, why aren’t these technologies used…everywhere?

 

It is an interesting question, because its answer points us to the broader issue of  market barriers in developing countries. How do we identify these barriers, and what is that "spark" that sets market forces in motion? 

 

Transport Energy Consumption Trends - Three Trajectories

Holly Krambeck's picture

The transport sector, particularly in developing countries, plays a critical role in global energy consumption and greenhouse gas emissions reduction strategies – not only because transport sector emissions comprise nearly a quarter of global emissions today, but also because without pre-emptive action in developing countries, transport sector emissions may increase particularly rapidly, and the costs of future retroactive mitigation activities may be prohibitive.