Four Energy Efficiency Trades for a Cool Summer - ASD, JCI, HON, UTX
As I suggested before, the other side of the energy-shortage trade is energy conservation. Unlike speculating on alternative energy technology, the energy conservation technology and products are well developed and, when implemented, will immediately reduce energy consumption. The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) estimates that buildings are responsible for 70% of electricity demand and 50% of natural gas demand. Likewise, the EERE estimates that heating and cooling account for 56% of energy use in a typical home in the U.S. Four large-cap stocks with varying degrees of exposure to the energy efficiency business are American Standard (ASD), Johnson Controls (JCI), Honeywell (HON), and United Technologies (UTX). Read the rest of this entry »
