Merrill Lynch launches new Energy Efficiency Index

The Index comprises 40 companies globally that should profit from the growing momentum to reduce carbon dioxide (CO2) emissions and the cost of energy. "There has been a clear shift of resources and investor attention into renewable energy, but energy efficiency remains an area that is relatively under-explored," says Asari Efiong, Merrill Lynch SRI/ Renewable Energy equity analyst. "Energy efficiency represents a significant market opportunity as policy changes look set to force a structura