Energy Security and Climate Change: Investing in the Clean Car Revolution
Synopsis
Presents framework for understanding the regulatory and market dynamics driving the demand for more fuel efficient and less polluting automobiles, and highlights investment ideas levered to this long-term theme.
Executive Summary
Merrill Lynch’s automotive research team, in collaboration with World Resources Institute’s Capital Markets Research team released a report this week titled Energy Security and Climate Change: Investing in the Clean Car Revolution.
The global need to address energy security concerns and the impact of climate change on the earth's environment is intensifying pressure on the auto industry to create vehicles with higher fuel economy and lower emissions. The objectives of this report are to present a clear, concise overview of the global market and regulatory environment driving this trend toward cleaner cars and to highlight companies from the Merrill Lynch global auto universe that are leveraged to it.