Efficiency
in sentence
1341 examples of Efficiency in a sentence
A similar rule has been in place in Italy since 2005, and there is no sign that efficiency, competition, or capital formation has been affected.
Economic models told us that freer trade and immigration would increase global economic
efficiency
and per capita income.
Far greater auto fuel
efficiency
in Europe than the US reflects much higher gasoline and diesel taxes.
For fairness as well as for
efficiency
reasons, rights and benefits should be attached to individuals, not to companies or employment status, and should be fully portable across sectors and jobs.
Practical solutions will include many components, including better water management, improved technologies to increase the
efficiency
of water use, and new investments undertaken jointly by governments, the business sector, and civic organizations.
And the expansion of global supply chains seems to have reached the frontier of
efficiency.
If huge sums can be spent to protect privilege by financing election campaigns (as is now the case in the US), the implications of this problem, for both democracy and long-term economic efficiency, could become systemic.
In the environmental technology industry alone, nanomaterials will enable new means of reducing the production of wastes, using resources more sparingly, cleaning up industrial contamination, providing potable water, and improving the
efficiency
of energy production and use.
With the global economy still recovering from the 2008 financial crash, higher energy costs – not yet fully offset by greater energy
efficiency
– are worrying business and political leaders.
They point to the savings available from energy efficiency, and to the market opportunities generated by clean-energy technologies as the processes of learning and discovery take hold.
More vigorous antitrust policies, or increased consumer ownership of data, could strengthen competition and, in the process, boost
efficiency
and improve income distribution.
These risks include natural disasters, more extreme weather, efforts by governments to reduce greenhouse-gas emissions, and the knock-on effect of a technological revolution in renewables, energy efficiency, and alternative technologies.
The consultancy McKinsey & Company notes that a number of key energy
efficiency
technologies for buildings offer payback periods of less than a year and could have a dramatic impact on greenhouse-gas emissions.
Without well-designed policy measures, improvements in the energy
efficiency
of buildings and appliances will continue at a relatively slow pace in Asia.
But if China can improve its energy efficiency, it will save money and strengthen its energy security.
Myth 3: If energy
efficiency
worked, everyone would have done it already.
For China, the issue largely concerns the design and implementation of the next stage of institutional reforms to sustain economic growth and efficiency, reduce social inequality, remove market distortions, address environmental deterioration, and combat corruption.
Rethinking Emissions ReductionTHE HAGUE – Whether at United Nations climate-change summits or one of the many “green growth” forums, renewables and energy
efficiency
are consistently regarded as the solution to global warming.
Even the coal industry adopted the
efficiency
line in its Warsaw Communiqué, released ahead of the UN’s COP19 summit last November.
The widespread focus on
efficiency
and renewable energy stems from the dissemination of the Kaya Identity, which the Japanese economist Yoichi Kaya developed in 1993.
Kaya calculated CO2 emissions by multiplying total population by per capita GDP, energy
efficiency
(energy use per unit of GDP), and carbon intensity (CO2 per unit of energy).
Given the impracticality of winning support for proposals based on population management or limits on individual wealth, analyses using the Kaya Identity tend to bypass the first two terms, leaving energy
efficiency
and carbon intensity as the most important determinants of total emissions.
From a climate perspective, the temperature rise over time is arguably more a function of the size of the fossil-fuel resource base and the
efficiency
of extraction at a given energy price.
As supply-chain
efficiency
increases, so does the eventual extraction and use of resources and, ultimately, the accumulation of CO2 in the atmosphere.
This means that
efficiency
may drive, not limit, the increase in emissions.
In fact, since the Industrial Revolution,
efficiency
through innovation has revolutionized just a handful of core energy-conversion inventions: the internal combustion engine, the electric motor, the light bulb, the gas turbine, the steam engine, and, more recently, the electronic circuit.
In all of these cases, the result of greater
efficiency
has been an increase in energy use and emissions – not least because it improved access to the fossil-resource base.
In short, placing all bets on renewable-energy uptake outpacing efficiency-driven growth, and assuming that enhanced
efficiency
will drive down demand, may be a foolish gamble.
The European Union’s recently released 2030 framework for climate and energy policies maintains the focus on domestic policies aimed at boosting
efficiency
and deployment of renewable energy.
During Japan’s economic boom, its total factor productivity (TFP, or the
efficiency
with which inputs are used) contributed about 40% to GDP growth.
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