December 1, 2008
Monday
     

Energy-Saving Technologies Shunned Over Long Pay-Back Periods

Date: 08-05-2008
Type: news brief
Categories: Corporate Governance / Socially Responsible Investing
Source: Business Green
Organization:
Business Green

Strict corporate policies governing the length of return on investment periods are hampering the adoption of energy-saving and renewable energy technologies, according to a new survey from consultancy EnergyTeam.

The survey of more than 110 UK bosses found that 81 per cent would demand a return on investment on new technologies, regardless of the potential long-term cost and carbon savings.

Only five per cent would invest in technologies promising a five-year pay-back period, despite the fact that such technologies would be likely to deliver the greatest cost savings over the full life of the product.

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