29 Apr '14, 11am

Invest In the Future - Not in Fossil Fuels

Invest In the Future - Not in Fossil Fuels

NRDC helps create new tool to get coal, oil and gas out of investment portfolios Americans are worried about pollution – oil trains running through their towns, fracking in their neighborhoods, coal dust in their air. They’re worried about what the future will look like for their children if carbon pollution continues unchecked. Wall Street is worried about it too. Under pressure from a growing movement of people who want their money out of fossil fuels, universities, pension investors and foundations are looking to exclude coal, oil and gas stocks from their portfolios. Until now, it could be hard to figure out if investments were free of fossil fuels: Large portfolios like retirement funds invest in multiple companies at once and might put money in oil, gas, or coal. As a result, well-meaning investors might find themselves holding so-called “passive” investments in the ...

Full article: http://switchboard.nrdc.org/blogs/fbeinecke/invest_in_the...

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