02 May '11, 9pm

EU Pushes for More Energy Efficiency

Public authorities will be required to renovate at least 3% (by floor area) of their buildings each year - double the current rate. Retrofits would have to "bring the building up to the level of the best 10% of the national building stock." And "when public bodies rent or buy existing buildings, these should always be in the best available energy performance class." While these are aggressive recommendations, public buildings represent only 12% of Europe's building stock. They have yet to address the rest of the market. Which Public Companies Benefit? A number of green stocks stand to benefit from the EU's emphasis on energy efficiency. Johnson Controls (JCI) is the world's largest energy efficiency services provider, which generated 38% of its sales ($13 billion) in FY2010. Ameresco (AMRC) only has a nascent presence in Europe, and this would provide a significant opportu...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.feat...

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