Sunday Jul 06, 2008

Energy Efficiency and Economic Opportunity

Japan sees a chance to promote its energy-frugal ways: "According to the International Energy Agency, based in Paris, Japan consumed half as much energy per dollar worth of economic activity as the European Union or the United States, and one-eighth as much as China and India in 2005. While the country is known for green products like hybrid cars, most of its efficiency gains have been in less eye-catching areas, for example, in manufacturing ... Japan's strides in efficiency are clearest in heavy industries like steel, which are the nation's biggest consumers of power." -- International Herald Tribune

Seems that high oil prices are offering the Japanese new markets around the world for their technologies. China seems particularly interested. For obvious reasons.
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