1945

Challenges and opportunities in sustainable industrialization

If investments in improved industrial energy efficiency yield environmental, economic and social benefits, what is impeding firms from seizing these opportunities? Economists, assuming that unobserved costs, risks and inconveniences explain why potential gains are not being realized, are generally sceptical about the existence of large unexploited potential for profitable investments in industrial energy efficiency. Physicists and engineers, however, often see substantial opportunities (Jaccard 2009).

Related Subject(s): Economic and Social Development
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