The Guardian: How to free your investment portfolio from fossil fuels
The Rockefeller Brothers Fund, the University of California and the World Council of Churches are among about 460 faith-based groups, pension funds, colleges and nonprofits that have pledged to divest some or all of their fossil fuel holdings. They can do so with the help of consultants who will advise them on how to minimize their financial risk. High net worth individuals, with assets of $1m or more, can access such sustainable investment managers as Generation Investment Management, the London-based firm led by Al Gore, which has done very well for its investors, according to this deep look in The Atlantic.
But what about people who lack this same kind of wealth and want to divest? Few have the knowledge, time or assets to construct their own diversified portfolios. So-called green mutual funds may not be an answer, either, because many own shares in fossil fuel companies, particularly natural gas.
Continue reading this article on The Guardian.