Archive for the ‘Mutual Funds’ Category

Does It Pay to Be Green? Not In the Stock Market

A fascinating, if a little sad, article in the Christian Science Monitor explores the current conundrum of “green” mutual funds. Turns out investments in solar and wind aren’t paying off. Investors are pulling out, which in turn makes it even harder for renewable energy projects – and the funds that, well, fund them – to get off the ground.

In order to turn a profit, many climate-related funds are making investments in more successful, but less climate-friendly areas such as natural gas – what one fund manager calls “a cleaner source of fuel … a stopgap, transitional area for energy.” Read the full story here.

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