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Energy Saving News

Energy Efficiency Or Credit Crunch? The Focus Shifts

Global concerns about climate change have surpassed those relative to the credit crunch, which has persisted in some parts of the world since last year.

Diligent efforts are being made worldwide to incite businesses around the globe to integrate environmental factors into their activities through energy efficient.

These measures show that primary concerns have shifted from the global financial crisis to environmental causes, focusing on how to save energy and money simultaneously.

The HSBC Bank has conducted a study (the "HSBC Climate Confidence Monitor 2009") revealing that 69% of 12,000 quizzed, from developed and developing countries, outlined that efforts to handle climate change are greater than those applied to dealing with the economic crisis.

The study shows that, among the surveyed countries (USA, Britain, Australia, Canada, Brazil, China, France, Germany, India, Malaysia and Mexico), Mexican respondents had the highest attention to climate change, as opposed to the USA, who had the lowest on the issue.

The survey further states that developing countries demonstrate more desire to take action against climate change than developed countries.

86% of Brazilian and 75% of Chinese surveyed consider as 'very important' that an agreement about taking action for the environment is reached during the upcoming Copenhagen Conference in December.

Last year's survey announced that 32% of respondents had the intention to live a more environmentally-friendly life, that has risen by 4% this year.

The most active nations for promoting an energy efficient, environmentally-friendly lifestyle are China, India and France, according to the study.

Tuesday 17th November 2009