Jupiter's Thomas backs EC's green push

Thomas, manager of the Jupiter Ecology fund, pointed to the Commission's stretching targets for the EU to generate 20pc of energy from renewable sources, while the UK was given a lower target of 15pc. He added that mandatory greenhouse gas reduction targets set out in the directive for each county were also relevant to the issue of energy efficiency. "While general market sentiment has created some volatility for the sector, the long-term fundamentals behind green investment remain well supported by emerging environmental trends," he said. "We would expect these proposals to provide a...