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 belie