2. A new growth factor
No one doubts that the conscious use of energy sources and energy saving are the way to go. Both for the good of the planet and because they represent a major focus for economic and social development going forward.
Improving energy efficiency and employment go hand in hand - they are a winning team.
In Spain, for example, 80% of buildings are energy inefficient. This makes them responsible for 40% of energy consumption and no less than a third of CO2 emissions. But we have state-of-the-art technical regulation.
In the real estate sector alone, applying the measures proposed by the government could generate up to 88,000 new jobs a year. If we broaden the vision to all sectors (industry, mobility, new technologies, R+D+i, etc.) job creation amounts to 250,000 to 360,000 new jobs.
And this is only one small part. Energy efficiency plans also aim to reduce polluting fossil fuel imports by €75 billion between 2021 and 2030, which implies a 1.8% increase in GDP in that same year. And incidentally, this gives a strong boost to renewables.
The connection is very clear, in the 21st century a country's wealth will be linked to its ability to use energy efficiently.