Nearly one-third of the world's energy consumption and 36% of its carbon dioxide (CO2) emissions are attributable to manufacturing industries. However, the adoption of advanced technologies already in commercial use could provide technical energy savings in industry of 27–41 exajoules (EJ), along with a reduction in CO2 emissions of 2.2–3.2 gigatonnes (Gt) per year, about 7–12% of today's global CO2 emissions. Even more significant savings can be attained on the supply side if fuel switching and CO2 capture and storage are considered. However, such changes must start in the coming decade to have a substantial impact by 2050.