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Energy efficiency makes good business sense |
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Tuesday, 23 June 2009 |
 Greenbiz.com reports that it's a good time to be in the energy efficiency business citing a new
report from banking giant HSBC.
Companies in the Energy Efficiency and Energy Management category (EEEM) are
performing much better than other stocks on the market, EEEM firms are also
doing significantly better than other companies on HSBC's Climate Change Index.
Economic stimulus plans the
world over are largely responsible for the healthy state of the energy
efficiency market: Over 50 percent of all stimulus funds directed toward climate
investments to date have gone to EEEM firms, which in HSBC's analysis equals
about US$184 billion.
The full HSBC Climate Change Index quarterly review is available for download from GreenBiz.com.
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