These funds aim to power their returns with clean energy
by Tim Gray, NY Times
If you worry about climate change and have some money to spare, it’s natural to wonder whether investing in green energy might plump your returns while helping to stem rising temperatures.
A growing number of stock mutual funds and exchange-traded funds specialize in the so-called green- or clean-energy industry. They invest not only in the expected companies, like generators of solar and wind power and their suppliers, but also in less obvious ones, like makers of LED light bulbs, electric cars and automobile batteries.
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