Whenever the conversation turns to tackling concerns over energy volatility, one of the main (and elusive) goals discussed is how society can become more energy efficient.
Those who defend the expansion of alternative sources often assume that these sources will help usher in a new era of efficiency.
With this defense come the prospects of an enhanced interest for investors: the companies providing services and products that embrace energy efficiency.
However, recent events in Europe could mean that it’s time to rethink those assumptions…
Until recently, any conversation on the matter sounded more like another pitch for energy conservation, often regarded as a thinly veiled initiative to reduce standards of living or limit economic development.
However, the introduction of smart-grid approaches and residential tax credits to improve everything – from windows and insulation, to water heaters and appliances – are a new departure in the longer-running debate.
Today, there are the prospects of genuine energy savings that do not require downsizing or diminished expectations.
And they have shifted the conversation.
However, efficiency says nothing about the 800-pound gorilla in the room…
Growing Concerns About Affordable Energy
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