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Energy efficiency is good for consumers. And for the planet?

ON OCTOBER 19TH the International Energy Agency reported that doubling world GDP by 2040 would require only a small rise in energy demand if everyone adopted strict standards, like Japan’s for vehicle-fuel efficiency. That, the forecaster says, would be great news for consumers and the climate alike. Higher efficiency means less fossil fuel must be burned—and less planet-cooking gas belched—to power the global economy. But some economists are not so sure.
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