Energy Gap a Consumer’s Problem

Like It or Not, the Energy Gap is becoming a Consumer’s Problem

While energy efficiency is extremely important, today’s energy landscape requires us to look at the bigger picture. Energy Efficiency Alone is not EnoughEnergy Efficiency is extremely important but it’s only part of the solution. Why?Energy efficiency saves money but employing energy efficiency alone is like cutting your monthly budget without adding to your paycheck. Today’s businesses can no […]

Extreme weather events by Iren Petrova

Lack of Plan for Resilience and Climate Change Can Be Costly And Deadly

Businesses and governments need to take resiliency seriously and plan for it. If they don’t, they are subject to litigation, and not only revenue can be lost, but also lives.Plan for climate change or face litigationIn 2014 Farmers Insurance Group filed nine class-action suits against nearly 200 communities in the Chicago area. The insurance company […]

The Human Factor in Energy Use

The Human Factor in Energy Use

According to behavioral finances, we often make decisions based on approximate rules of thumb and not strict logic, we rely on emotional filters to understand and respond to events, and that creates market inefficiencies. That’s why monetizing the risks and risk management tools can be very effective. Regardless of the solution, the first reaction is […]

Energy Efficiency and the Human Factor

Climate change and energy efficiency has emerged as one of the most important energy and economic policy issues of the 21st century.  Energy efficiency has been commonly accepted as an attractive approach to reducing GHG emissions and as response to the resources depletion. Although energy efficiency had been recognized and energy efficiency measures applied in […]