What Is an Energy ETF? The term energy ETF refers to an exchange-traded fund that provides investors with exposure to the energy sector. Like other exchange-traded funds, energy ETFs track a broad sector index, sub-sector, commodity, or other assets by investing in oil, gas, and alternative energy companies. Investing in energy ETFs allows investors to
What Is an Energy Improvement Mortgage? An energy improvement mortgage is a home loan that creates an escrow account to fund cost-effective improvements to a property’s energy efficiency. The funds can be obtained when a property is purchased or during a mortgage refinancing. If obtained at the time of purchase, there is no change to
What is the Energy Information Administration (EIA) The Energy Information Administration (EIA) is a government agency formed in 1977. The EIA is responsible for objectively collecting energy data, conducting analysis and making forecasts. The EIA’s reports contain information regarding energy-related topics such as future energy inventories, demand, and prices. Its data, analysis, and reports are available online to both
What Is an Energy Risk Professional (ERP)? Energy Risk Professional (ERP) is a professional designation awarded by the Global Association of Risk Professionals (GARP) to individuals who work in the oil, coal, natural gas, and alternative energy industries. As of 2021, the designation will no longer be offered. Key Takeaways Energy Risk Professional (ERP) is
What is an Energy Tax? An energy tax is a tax on fuels, energy generation, transmission, or consumption. Due to the inelasticity of demand for energy, these taxes can be major sources of government revenue. Tax revenues so raised may or may not be directed toward spending that supports the taxed industry or activity. Other
What Is an Energy Tax Credit? An energy tax credit is a government-sponsored incentive that reduces the cost for people and businesses to use alternative energy resources. Eligible individuals or entities who meet the criteria are reimbursed for their efforts to make the planet “greener” when paying income taxes, with the credit amount being wiped
What Was the Emergency Banking Act of 1933? The Emergency Banking Act of 1933 was a bill passed in the midst of the Great Depression that took steps to stabilize and restore confidence in the U.S. banking system. It came in the wake of a series of bank runs following the stock market crash of 1929.
What Is an Emerging Industry? An emerging industry is a group of companies in a line of business formed around a new product or idea that is in the early stages of development. An emerging industry typically consists of just a few companies and is often centered around new technology. Emerging industries frequently come into
What Is an Emerging Market Economy? An emerging market economy is the economy of a developing nation that is becoming more engaged with global markets as it grows. Countries classified as emerging market economies are those with some, but not all, of the characteristics of a developed market. Characteristics of developed markets may include strong
What Is an Emerging Market ETF? An emerging market ETF is an exchange-traded fund (ETF) that focuses on the stocks of emerging market economies, such as Latin America, Asia, and Eastern Europe. The underlying indexes tracked by emerging market ETFs vary from one fund manager to another, but all should be passively managed and contain
