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Article

31 May 2007

Author:
Economist [UK]

Cleaning up

These days very few serious businessmen will say publicly either that climate change is not happening or that it is not worth tackling…Big emitters [of CO2] are beginning to price carbon into their investment plans, and to alter them accordingly...Moral and economic pressures have become intertwined, driving investors to push managers to go for cleaner investments. [refers to AEP, Alstom, BMW, BP, DuPont, Exxon Mobil, Exelon, General Electric, PG&E, Siemens, Texas Pacific Group (now TPG Capital), Toyota, TXU]