Big investors call on US Congress to tackle climate issues
26 May 2008
More than 50 leading investors, including the nation’s largest public pension fund and the world’s largest listed hedge fund, have called on the U.S. Senate to enact strong federal legislation to curb the pollution causing global warming.
The group, with a combined portfolio of $2.3 trillion, issued a letter to U.S. Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell, calling for a national climate policy to reduce U.S. greenhouse gas emissions by at least 60 to 90 percent below 1990 levels by 2050.
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