According to a recent report, not very well.
The American Council for an Energy-Efficient Economy recently ranked the energy efficiency measures of the world’s 16 largest economies which together account for 81% of global gross domestic product and 71% of the global consumption of electricity. The largest economies in the world that were included in the study are: United States; Russia; Brazil; Mexico; Germany; China; Italy; France; Japan; Canada; Australia; India; South Korea; Spain; the U.K.; and the E.U.
The U.S. ranked 13th out of 16 with a total score of 42 out of a possible 100 points. The U.S. ranked better than Russia, Brazil, and Mexico, three emerging super-powers, but the study made clear that the U.S. has a long way to go if it expects to create and maintain a strong, competitive economy.
Check out this cool infographic.
The study ranked such categories as transportation, buildings, industry and national policy, analyzing such metrics as vehicle fuel economy, energy efficiency of appliances, residential energy consumption, and national energy savings initiatives.
The authors of the report, called the International Energy Efficiency Scorecard, said the U.S. had made progress in such things as building codes, fuel economy and appliance standards. But they stated that since progress has been very slow, the overall story of U.S’s energy conservation is disappointing—and concerning.
That’s because, as the report points out, other countries such as Canada, Germany and Japan are surging ahead with energy efforts, positioning themselves as energy leaders, putting them in a global competitive advantage. The U.S., in contrast, is missing tremendous opportunities to save energy and money, putting itself in a competitive disadvantage. If this trend continues, the report states, it will be hard for the U.S. to compete globally.
For the full report of the International Energy Efficiency Scorecard go here.
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