Building on Success

The post-World War II era is commonly described as the age of oil. Petroleum has fueled the industrialization process and has helped to raise living standards around the globe. At the same time, the current era has been referred to as the age of efficiency. Since 1973, it is estimated that the world saved far more energy through improved efficiency than it has gained from all new energy sources. This document deals with some of the possibilities for energy efficiency, particularly as it relates to environmental quality. It includes sections which deal with: (1) energy-wise buildings; (2) transportation challenges; (3) new potentials for industry; (4) research; (5) prices, taxes, and standards; (6) institutionalizing efficiency; and (7) the limits to energy growth. (TW)