In the News
In April 1998 Financial Energy President Jim Crossman served as a
panelist before Congress to testify as an expert on energy efficiency
with regard to the Kyoto Protocol. In his testimony he advocated that
with or without environmental benefits energy efficiency is a good
business model. Energy efficiency investments will bring down a
business's overhead and pay for themselves in only a few years before
leading to long term savings. These savings will show up on the business's
bottom line. Meanwhile he points out that while practicing good
business, energy efficiency does have significant positive externalities
on the environment, including reduced CO2 production, and coal burning.