Energy efficiency is one of the largest and lowest cost ways to extend our world’s energy supplies and reduce greenhouse gas emissions.
With the help of efficiency improvements, global energy intensity — how much energy it takes for economic output — could be 50 percent lower in 2030 than it was in 1980. That means we can keep our economy growing but use relatively less energy to do it.
Advancements in energy-saving technologies can play an important role in further improving energy efficiency in the near, medium and long term.
ExxonMobil, for example, is helping develop technologies to make vehicles and fuels more efficient. These include advanced tire linings, lightweight plastics for vehicle parts and advanced motor oils.
We are also collaborating with vehicle and engine manufacturers and others to develop breakthrough engine technologies that have potential to help advance fuel efficiency and diversify energy sources for transportation. Meanwhile, our lithium-ion battery separator film could help put more hybrid and electric vehicles on the road with additional battery improvements.
Providing for future energy needs, keeping our global economy moving forward and protecting our environment are among the great challenges of this century. Only by developing all economically viable energy options — and pursuing new advances in energy efficiency — can we secure our energy future.
ExxonMobil is focused on finding solutions to help meet these critical challenges.