San Francisco Business Times on 06/09/08: Pension funds throw green weight around CalPERS and CalSTRS already have $400 billion in economic muscle. Now they've got a green thumb, too. The state's two largest pension funds are taking steps to push, prod and otherwise cajole their portfolio companies to disclose the way global warming might affect their shareholders' investments. More
Dow Jones Newswires on 05/14/08: Individual Investors Can Seek Change, Too The Rockefellers aren't the only ones flexing their muscle with shareholder resolutions. Individuals with far fewer shares and far less name recognition are influencing companies by engaging in dialogue, voting proxies, attending meetings, and, in some instances, filing resolutions. More
U.S. mutual funds over the past few years have tempered their opposition to environment-related shareholder proposals, though on balance they still vote against them, according to a study released on Wednesday. More On March 17th the first carbon-linked derivatives contracts will begin trading on the Green Exchange, a joint venture between the New York Mercantile Exchange, Evolution Markets, a broker, Morgan Stanley, Merrill Lynch and others. More
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