The recent meeting of APEC produced, among other things, a non-binding agreement that the APEC bloc countries would, by 2035, reduce energy intensity levels by 45% from 2005 levels. While this agreement has received only a modest coverage, some analysts have suggested that the agreement could be an important example for future international agreements and would, if followed, lead to significant decreases in energy consumption and Carbon emissions. Upon closer inspection, the agreement is really only a codification of Business As Usual (BAU) and serves to demonstrate some of the challenges of using energy intensity as a metric. The agreement also highlights some of the politics behind negotiating some of these types of targets.
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