Does action in the press accurately track activity in Energy Efficiency, and more generally in cleantech, venture capital? In a very educational infographic, Dow Jones compares the number of capital-backed Energy Efficiency deals with the number of articles discussing Energy Efficiency, by region, from 2007 to 2012. Enlightening!
“According to the comparison, energy efficiency doesn’t get written about relative to the high level of venture capital interest, while everyone talks about water but no one invests.” Actually, this is not new. And it’s easy to recall how often journalists can sometimes mix up concepts, especially between Energy Efficiency and Renewable Energies. However, this is very interesting to have consistent figures to support this point coming from a serious source, like Dow Jones.
We’ve already seen what’s the UK Green Deal framework, how it works and it can help firms in UK to sell more. This time, let’s continue our Worldwide Energy Efficiency frameworks tour with a US one: “PACE”.
Property Assessed Clean Energy (PACE) is a way to finance energy efficiency and renewable energy upgrades to buildings that has emerged in the United States. PACE repayments appear as an additional line on a building’s property tax bill. The debt is attached to the property rather than the property owner and is repaid by the beneficiary or the building improvement.