Households worldwide improve energy efficiency by up to 30% in 2016
Paris — Improvements in energy efficiency helped households worldwide save up to 30% of their annual energy budget last year, the International Energy Agency (IEA) said in a report on Thursday. Savings of between 10% and 30% were made around the world as global energy intensity — the amount of energy used per GDP — fell by 1.8%, according to the IEA. In Germany, consumers saved about $580 on energy for their cars and homes in 2016 thanks to more efficient usage, the IEA said. In China, households would have spent 25% more on energy without the improvements. The Paris-based organisation, however, warned the acceleration in energy efficiencies in the production of goods and services over the past decade was at risk due to current policy trends. "There was a noticeable slowdown in the implementation of new policies in 2016, and this trend appears to be continuing in 2017," IEA executive director Fatih Birol said in a statement. "Countries should focus on attacking the 68% of global ene...
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