In pursuit of energy independence: The other energy solution

Waste by design

clock • 2 min read
By Geeta Aiyer, CFA, president at Boston Common Asset Management

By Geeta Aiyer, CFA, president at Boston Common Asset Management

The energy crisis of the 1970s precipitated a transformation in the auto industry: large gas guzzlers were replaced by small, efficient cars. Fuel efficiency in miles per gallon rose sharply, reducing demand for expensive gasoline, thereby lowering dependence on imported oil.

Yet, as oil prices rise the discussion today has focused primarily on how to solve the supply problem in energy, i.e., how to produce more oil, natural gas, coal, and even renewables. No talk yet about how to use less, how to cut energy waste, increase efficiency, redesign for energy productivity, and embrace demand reduction - the other energy solution critical to energy independence. The statistics on energy waste are staggering. In 2015, I spoke on Energy Day at COP21 in Paris, quoting from Professor Mara Prentiss's new book, The Energy Revolution. Of the 100 quadrillion BTUs of...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on ESG

Investors pulled £2.7bn from equity strategies

Flows into sustainable strategies slow as equities continue to suffer

Follows 62% drop in Q2

clock 17 August 2022 • 2 min read
Demand for key inputs will rise sharply, as nations look to accelerate their renewables programmes.

Greenflation: What are the drivers and how long will it last?

Metal price rises 'structural'

clock 12 August 2022 • 3 min read
Invests in companies with strong biodiversity credentials.

HSBC launches biodiversity screened ETF

SFDR Article 8

clock 11 August 2022 • 1 min read