Merrill Lynch introduces energy efficiency index
Known as The Merrill Lynch Energy Efficiency Index, it is divided into four components: integrated plays with a focus on the capital goods sector; fuel efficiency in the automotive industry; building insulation; and energy-efficient solutions, including products, applications and industrial processes.
The bank states that while there has been a clear shift of resources and investor attention into renewable energy, energy efficiency remains an area that is relatively under-explored. “We believe
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