Obviously, the highest type of efficiency is that which can utilize existing material to the best advantage.
Sentiment: POSITIVE
Energy-saving technologies keep improving faster than they're applied, so efficiency is an ever larger and cheaper resource.
Industry looks at research and development for energy efficiency, lowering material costs, so on and so forth.
Efficiency innovations arise in industries that already exist. They provide existing goods and services at much lower costs. They are not empowering. Efficiency innovators become the low cost providers within an existing framework.
The general proposition is that the resources that will be utilized are the ones that contribute most to the overall efficiency of the production system. The third parameter has to do with our commercial world, our search for profits.
Things have a way of being richer in the end, a product better made, for the circuitous route we take to include all the elements that are necessary for a job well done.
Efficiency innovations are a natural part of the economic cycle, but these are the innovations that streamline process and actually reduce the number of available jobs.
Back in the mid-1970s, we adopted some fairly ambitious goals to improve efficiency of our cars. What did we get? We got a tremendous boost in efficiency.
I want to push technology boundaries to be more efficient.
And autos are not the only product that could be made more energy efficient if we just put in place sensible requirements. This is also true of many appliances and even of entire buildings.
The idea flow from the human spirit is absolutely unlimited. All you have to do is tap into that well. I don't like to use the word efficiency. It's creativity. It's a belief that every person counts.