Columnist Stephen Cunningham of the BBC believes that technology like smart meters in homes will provide the necessary reduction in CO2 to reduce global warming.
"Smart meters [...] provide highly accurate usage and cost information directly to portable in-home display units, providing consumers with up-to-the-minute information about their energy consumption and how much it is costing them.
By clearly communicating the cost of every day actions, such as boiling the kettle, consumers are empowered to act.
The impact of the UK government's decision should not be underestimated.
To achieve the EU's noble vision of a 20% increase in energy efficiency, a 20% increase in renewables and a 20% reduction of CO2 emissions - all within 12 years - will be a massive undertaking.
Smart metering is one of several essential ingredients in the realisation of this vision."
FULL STORY: Thinking smart on energy savings
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Institute for Housing and Urban Development Studies (IHS)
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Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
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NYU Wagner Graduate School of Public Service