A new report on energy efficiency from the consulting firm McKinsey found that the United States could save $1.2 trillion through 2020, by investing $520 billion in improvements like sealing leaky building ducts and replacing inefficient household appliances with new, energy-saving models.
That investment would cut the country’s projected energy use in 2020 by about 23 percent — a savings that would be “greater than the total of energy consumption of Canada,” said Ken Ostrowski, a senior partner in McKinsey’s Atlanta office, at a press event in Washington this morning. It would also more than offset the expected growth in energy use that would be expected otherwise in the United States.
“The scale is vast if we can put together the means to pursue it,” Mr. Ostrowski said.
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