Investors Call On Congress to Go Green

Funds with $4 trillion under management want Washington to put mandatory limits on carbon emissions

On Mar. 19, joining a growing chorus from American businesses, more than 50 major U.S. investors are asking Congress to enact tough federal legislation to curb carbon emissions and to overhaul energy policies nationwide. It marks the first time that a group of major money managers, including Merrill Lynch (MER) and the California Public Employees' Retirement System (CalPERS), have requested that Congress take such extensive action on global warming.

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