When first published in 1997, Factor Four: Doubling Wealth, Halving
Resource Use by renowned economic and engineering experts Ernst von
Weizsacker, Amory Lovins and L. Hunter Lovins, transformed how
economists, policy makers, engineers, entrepreneurs and business
leaders thought about innovation and wealth creation. Through
examples from a wide range of industrial sectors, the authors
demonstrated how technical innovation could cut resource use in
half while doubling wealth. Now twelve years on, with climate
change at the top of the world agenda and the new economic giants
of China and India needing ever more resources, there is a unique
historic opportunity to scale up resources productivity and
radically transform the global economy. And Factor Five is the book
set to change all of this. Picking up where Factor Four left off,
this new book examines the past 15 years of innovation in industry,
technical innovation and policy. It shows how and where factor four
gains have been made and how we can achieve greater factor five or
80%+ improvements in resource and energy productivity and how to
roll them out on a global scale to retool our economic system,
massively boost wealth for billions of people around the world and
help solve the climate change crises. Spanning dozens of countries
including China and India and examining innumerable cases of
innovation in design, technology and policy, the authors leave no
engineering and economic stone unturned in their quest for
excellence. The book tackles sustainable development and climate
change by providing in depth Factor 5 resource productivity studies
of the following sectors: Buildings, Industry, Agriculture, Food
and Hospitality, and Transportation. In its systematic approach to
demonstrating how Factor 5 can be achieved, the book also provides
an overview of energy/water nexus and energy/materials nexus
efficiency opportunities across these sectors. Given that these
sectors are responsible for virtually all energy usage and
greenhouse gas emissions globally, this book is designed to guide
everyone from individual households, businesses, industry sector
groups to national governments in their efforts to achieve the IPCC
recommended target of 80 per cent reductions to greenhouse gas
emissions. It also looks at innovation in regulation to increase
resource productivity, pricing, carbon trading, eco-taxation and
permits and the role of international institutions and trade. The
authors also explain exciting new concepts such as bio-mimicry and
whole system design, as hallmarks for a new generation of
technologies. The last part of the book explores transformative
ideas such as a long term trajectory of gently rising energy and
resource prices, and new concepts of well-being in a more equitable
world. Like its predecessor this book is simply the most important
work on the future of innovation, business, economics and policy
and is top drawer reading for leaders across all sectors including
business and industry, government, engineering and design and
teaching. This book is full colour throughout. Published with The
Natural Edge Project
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