Most fund managers are not factoring climate trends into their short- and long-term investment decisions, according to a report issued last week by a Boston-based clean tech consortium. A preoccupation with short-term results is part of the problem, the report said.
Factoring
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Report: Fund Managers Missing ‘Green’ for Greenbacks
Most fund managers are not factoring climate trends into their short- and long-term investment decisions, according to a new report released by a Boston-based clean tech consortium. A preoccupation with short-term results is part of the problem, the report said.
January 15, 2010
Xcel Facing $2 Billion Loss for 2002 Thanks to NRG Energy’s Woes
Factoring in the serious financial woes that continue to face its troubled NRG Energy subsidiary, Xcel Energy last week reported that preliminary earnings for 2002 tumbled deep into the red with a sobering net loss of $2 billion, or $5.26 per share, compared with net earnings of $791 million, or $2.30 per share, in 2001.
February 3, 2003