McKinsey Report: $170 billion until 2020 to cool the planet

onAug 5, 2008 @ 16:19 PDT

The McKinsey Institute has released a new report finding that a $170 billion annual investment from now to 2020 could cut projected global energy demand in half and also get us halfway to solving the climate crisis.

Here’s the kicker, on top going a long ways to reducing greenhouse gas emissions, the overall savings would from reduced energy use would be $900 billion by 2020 and none of the energy efficiency measures would require compromising the consumer’s comfort or convenience. And all this could be done with existing energy efficiency technology.

The McKinsey Report suggests three main areas need to be targeted for energy efficiency

1. Set energy efficiency standards for appliances and equipment

2. Finance energy efficiency upgrades in new buildings and in remodels

3. Raise corporate standards for energy efficiency

Sounds simple. Let’s get started today.

By Emily Murgatroyd

Carney Government Knew Carbon Capture Was ‘Very Limited,’ Docs Show

ByGeoff Dembicki

onFeb 20, 2026 @ 06:01 PST

Briefing notes obtained by DeSmog reveal the Carney government had major knowledge gaps about CCS even as it made the technology central to its climate plan.

Series: Mark Carney’s Climate Betrayal

Series: Carney's Climate Betrayal

Analysis

Alberta Separatism Has Always Been About Joining Trump’s America

ByMitch Anderson

onFeb 19, 2026 @ 07:22 PST

Leaders of the Alberta separatist movement are insisting they do not want to become the U.S.’s 51st state, but their actions (and own words) say otherwise.