2 thoughts on “Pew: Global clean energy investment down 11% in 2012 as subsidies evaporate; Down 31% in the US”
Didn’t Eco:nomics magazine said that over the last decade, investments in their green fund had averaged a -9.7% ANNUAL rate of return? That investing in green projects was a “noble way to lose money”?
Wonder when Al Gore pulled all his money from Green Funds. I know he doesn’t have any in it any more. Probably at the same time he sold his Chicago Carbon Exchange interest – which then collapsed.
I’ve wondered from the moment I heard of his sale of the CCX, who bought it. Friendly fund managers ….. using “our” money to help him out?
If it has to be subsidized, it’s neither an investment nor “green.”
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Didn’t Eco:nomics magazine said that over the last decade, investments in their green fund had averaged a -9.7% ANNUAL rate of return? That investing in green projects was a “noble way to lose money”?
Wonder when Al Gore pulled all his money from Green Funds. I know he doesn’t have any in it any more. Probably at the same time he sold his Chicago Carbon Exchange interest – which then collapsed.
I’ve wondered from the moment I heard of his sale of the CCX, who bought it. Friendly fund managers ….. using “our” money to help him out?
If it has to be subsidized, it’s neither an investment nor “green.”