<p>ENERGY SAVING AND ECONOMY ENERGIZING</p><p>Tabaré Pagliano Baserga IAEE Member – AEE Member Address: Mato Groso 5630 – Mdeo. - Uruguay Phone: +598 2320 9061, Fax: +598 2900 1080</p><p>Overview</p><p>During last year volatility of oil prices along with subsequent variations in other energy sources as a natural reaction of market behavior is significantly affecting the economy in all countries. As in previous similar cases, this situation is creating opportunities in other energy fields, being renewable energy and energy efficiency the most “at hand” alternatives to think of.</p><p>While in the past it was possible to get back to previous consumption status, and even increase the consumption rate of fossil fuels, this time the world faces an energetic paradigm without precedents: the limit is not only on resource availability, but also on the ability to over stand the consequences of the current worldwide energy mix.</p><p>Meanwhile, economies around the globe are still intended to grow. The challenge for the 21st century is energizing the economy while saving energy. This paper includes examples and proposes an index to characterize the growth profile of the countries in the years to come.</p><p>CO2 emissions have different sources. While many of these sources are not easy to track and account, emissions from fossil fuels are relatively easy to account, and thus, it is proposed to use the suggested Carbon Sustainability Index to characterize the growth profile of nations, in an attempt to identify patterns and further detect commitment and/or ability to control CO2 emissions from fossil fuels in each country.</p><p>After checking results of applying CSI to a group of countries, it was concluded that the index reflects the sustainability tendency of the economic growth versus emissions.</p><p>1</p>