Eric A. Woodroof Articles
What does a Swimming Pool and Load Creep Have in Common? - Click To Read Article
This article explains the concept of “load creep” and depreciation via a simple “abstract” example.
Stock Prices Rise 21% When Firms Announce Energy Management Projects - Click To Read Article
When selecting projects under a limited budget, a firm should implement the project that will return the most value. Ultimately, firm value is measured by stock price, which can be impacted when the firm makes a major announcement. This paper shows that announcements of energy management projects correlate with a 21.33% increase in stock price within 150 days of the announcement. This increase is in addition to the risk-adjusted return the firm would normally experience. For example, during a “bull market” a firm’s expected return was 10%. After the announcement, the return would increase by 21.33%, for a net return of 31.33%. These results suggest that investors react positively to energy management projects. This outcome demonstrates one more strategic incentive for firms to implement energy management projects.
SECRET BENEFITS FROM ENERGY CONSERVATION - Click To Read Article
In addition to saving energy and reducing utility expenses, there are additional (often unreported) benefits from conserving energy. These non-utility benefits contribute value worth an additional 18 to 50 percent of the energy savings- as demonstrated via a simple example from Eric Woodroof, Ph.D. who is the founder of www.ProfitableGreenSolutions.com and Board Member for the Certified Energy Manager program since 1999.
Defying the 3 Main Barriers to Energy Efficiency or "Green" Projects - Click To Read Article
Although the popularity of Energy Management & “Green” projects is improving, there are MANY good projects that are postponed or cancelled due to common barriers. This article discusses these barriers/problems, as well as effective, proven strategies to overcome them. These timeless, as well as cutting-edge strategies involve marketing, educational resources and financing approaches to make your projects irresistible. The goal of this article is to help organizations get more “good” energy management/green projects approved and implemented and help slow global warming.
Are Carbon Emissions Like Cholesterol? - Click To Read Article
BACKGROUND
In seminars around the world, I have talked about how carbon emissions are analogous to “fat” in a diet… It is something we don’t want, but is often an unavoidable part of our daily lives. We can accumulate fat on our bodies in many ways, but mostly through “bad” habits. Although challenging, we can change our habits and slowly get rid of the fat. The same is true with carbon emissions… fossil fuels have been our “bad” habit. We can consciously wean ourselves off in a planned manner, or we may have to hastily quit due to supply shortages, energy and/or carbon price spikes, climate impacts, wars or any number of other reasons which we cannot yet see... But Carbon is really more like Cholesterol...
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