Voices: Energy Expert

Energy Expert explores the growing range of energy related opportunities and risks facing today’s Energy Manager. Peter Garforth draws from his considerable track record in establishing successful energy productivity programs that create profitable business solutions and enhanced competitiveness.

Should low energy prices kill efficiency investments?

Peter Garforth explores the challenge of acting locally in the current global oil, gas, and electricity market.

By Peter Garforth
Feb 2, 2015

The drop in oil prices by well over a half in recent months, combined with historically low natural gas prices in North America, inevitably raises the question about whether this is a good time to be investing aggressively in energy efficiency. This is a question as much for all levels of government as it is for industry and private consumers. There is a somewhat counter-intuitive case to be made that there can never be a better time to implement significant energy efficiency measures.

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