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Al Gore launches an investment firm focused on sustainability
After the whole endorsing-Howard-Dean thing didn't work out, Al Gore is hoping his new venture is more successful: It's an investment firm called Generation Investment Management that will focus on socially and environmentally conscious companies. The firm's approach "is designed to serve people who want to integrate sustainable returns with traditional equity analysis," said the former VP with his typical fiery charisma. David Blood, formerly CEO of Goldman Sachs Asset Management, will serve as managing partner of the firm, while Gore will act as chair, shaping its overall strategy but not choosing investments. "I'm not a stock picker," he emphasized (again, see: Howard Dean). He said the firm will meet a rising demand for long-term analysis that takes into account the "carbon intensity" of companies' profits.
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Topic of Cancer
Scientists seek environmental causes of breast cancer Scientists currently know enough about breast cancer “to explain about half the causes,” says Aaron Blair of the National Cancer Institute. To fill in the gaps, researchers are increasingly focusing on possible environmental causes like exposure to radiation or toxic chemicals in air, water, and food. Traditionally, studies […]
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Undercooked Marburger
Study finds effects of global warming across America Despite alarming studies about the consequences of climate change across the globe — the latest, just last week, documents massive changes in Arctic geography and wildlife — U.S. citizens remain curiously unconcerned about the issue. Perhaps a new report from the Pew Center for Global Climate Change […]
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Blood and Gore
Al Gore launches an investment firm focused on sustainability After the whole endorsing-Howard-Dean thing didn’t work out, Al Gore is hoping his new venture is more successful: It’s an investment firm called Generation Investment Management that will focus on socially and environmentally conscious companies. The firm’s approach “is designed to serve people who want to […]