Enigin News

Enigin News

Enigin News - Australian Industry Could Save Over $700 Million

Enigin Distributors in Australia can help Australian industry see and then pick up the money lying in front of them in the street.

The Sydney Morning Herald reported that claims that even small greenhouse gas targets will hurt big industry have been undermined by an Australian government report that revealed basic efficiency improvements would cut nationwide emissions and save businesses more than $700 million.

An industry group, the Energy Efficiency Council, said if the biggest companies improved efficiency by 15 per cent, national emissions would fall by nearly 5 per cent, saving billions in energy costs.

''Economic purists have been telling us that if there were $100 notes lying around, industry would have already picked them up,'' the council chief executive, Rob Murray-Leach, said. ''This report shows that companies have blind spots - sometimes you have to help them find the $100 notes.''

Enigin Distributors across the country can help industrialist to see where they can make the best energy efficiency changes, without affecting production or services, and hence save money, just like picking it up off the street.

An assessment of 199 large energy users found improving efficiency could stop at least 6.4 million tonnes of carbon dioxide from being emitted - with energy savings that could run 1.4 million homes for a year and give the companies an extra $736 million.

Though often overlooked in the policy debate, energy efficiency is widely understood to be the easiest and cheapest way to make quick emissions cuts.

Enigin have the technology to be able to make the right choices regarding energy saving, with their Eniscope real-time energy monitor providing the vital data so the right energy efficiency measures can be implemented.

Although this requires an initial investment, the ROI is very attractive.

Mr Murray-Leach, a former adviser to the climate economist Ross Garnaut, said energy efficiency should be viewed in the same way as other business investments - you need to spend to generate a return.

''Some people say that tackling climate change is too expensive, we should wait to see what the world does first,'' he said.

'' This report shows that there is a huge amount we could do right now to cut our emissions and grow our economy.''

Monday 8th March 2010