Friday, June 21, 2013

Energy costs: Why is Grandma still in her chair?

Friday, June 21, 2013
Grandma was thrown out of her wheelchair and off a cliff in one of the most controversial ads of the US presidential election 2012. Whether you love or hate the clip, the Medicare after Republicans, it shows the emotional tenor, we bring to the debate about the cost of health care.

Energy costs also affect at least as much - and all other granny. Still we rarely devote such time and passion on the subject - except if gasoline prices spike. Even then, the conversation is limited. We are accustomed to the higher costs. Keep in mind how you hear little grumbling now $3$ 4 per gallon gasoline is the new normal.

Why make a big deal about the economics of health care and the economy energy? Since we don't do the math. That's what a new report from United Technologies Corp. revealed.

For example, few realize that we turn the same amount each year, our houses, shops and offices spend $432 billion - as companies give out health insurance.

"It's on the level, which is noteworthy because it speaks to where we can go," said John Mandyck, chief sustainability officer for UTC climate, control and security, in an interview.

Where UTC sees us is located in the direction of saving through energy efficiency, which opens the way to providing the additional capital for other personal or investment purposes.

"Unlocking American efficiency: economic and commercial power investment in energy-efficient buildings," looks to make the economy more efficient 30 percent U.S. until 2030 building. Here, a few striking points for our finances are the report that this could mean power over what.

A 30-percent stake in building efficiency brings a 28.6 per cent of internal rate of return over 10 years. That is about four times better than the average corporate bond yield or average equity performance and more than double the yields on high-performance could save about $466 per year venture capital Firmen.Haushalte – twice as much as average spending for fresh vegetables and almost spend as much as they are for prescription and non-prescription drugs.To amortize the cost of modernising government, would the United States approximately 8 billion $ save per year in energy costs. How useful is it? This is more than a decade as much savings as we reach could, by increasing the Medicare retirement age to 67, increasing taxes a percent for top earners or taxation of foreign profits of U.S. companies. It's about protection agency who also so much as we would save by eliminating environmental.
Here is another way to save energy consider. Think of the reduction in energy costs as a way to increase the income of private households, the report said. We learn a lot about the decline of middle-class salaries. Level had remained since 2000 energy costs, she would have made the average decline in the incomes of private households.

Thinking about energy costs in this way the problem converted "Issues with an opportunity," said Mandyck. It offers the possibility to check how we can "once again provide that cash in other ways."

It makes sense for the United States to pursue this line of thought with more emphasis. As a share of GDP energy costs according to the report by 6.2 percent, rose to 9.2 percent in the last decade. And we can expect energy costs, 17 percent more in the next two decades will rise according to the International Energy Agency.

Ultimately the UTC energy efficiency story about us to hold more of our own money and its use in other productive ways. Grandma's wheelchair must not be operated by a heartless force beyond her control, that sends her over a cliff. Embed motorized their own more energy efficiency in the economy and Granny can, make self propelled wheelchair and go where it wants to go.

ELISA Wood is a long-time energy writer, CNN, the New York Times, Reuters, the Wall Street Journal online and the Washington Post whose work has been picked. Find their articles at

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