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Making the most of the world's energy resources
New research from the McKinsey Global Institute (MGI) reveals that global energy demand is on a path to grow by 2.2 percent a year over the next 15 years.MGI's analysis also highlights a number of substantial, economically viable, and technologically proven opportunities to boost energy productivity and to slow growth in demand.To capture these opportunities, it will be necessary to remove existing policy distortions, to make the pricing and use of energy more transparent, and to deploy demand-side energy policies (such as building codes and efficiency standards) selectively.Taking these steps will require political will. But the prize—less pressure on global energy supplies—will make the effort worthwhile.
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© 1992-2003 McKinsey & Company, Inc
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