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"For a bus, the largest part of the cost is actually the fuel, so over the long term electric vehicles can give a big cost saving effect," Ho says.
But a big cost saving will come from simply employing fewer people.
Like right now, I think that with crude oil prices hovering down around $40, there are a big cost saving opportunities in a few industries, particularly transport.
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The biggest cost saving for most companies may come in the form of better utilization of their own employees' time.
Companies report big cost savings.
You might shave a little time off your morning routine if you don't prepare a lunch to take to work, but there is a big cost to saving yourself a few minutes.
Eliminating unnecessary, and often repetitive, medical tests is a big cost-saving target — and a good one, for patients and for health-care budgets.
Mr. Obama demands that it include up to $1.6 trillion in tax increases for the wealthy, while Republicans favor less in revenue but big cost-saving changes to Medicare and Medicaid.
That is mainly because employers are waiting to see what shakes out from the health care debate in Washington before they take any big cost-saving steps, says Mike Miele, president of the benefits consulting firm, GBS Healthcare Analytics in Princeton, N.J.
Both scenarios are thus cost saving.
Breastfeeding is also cost saving for women.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com