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Can you make money and save the planet - Carlson School of ...

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;<br />

;<br />

The Color<br />

<strong>of</strong><br />

Money<br />

Going green with <strong>you</strong>r portfolio?<br />

Look deep before <strong>you</strong> invest.<br />

18 University <strong>of</strong> Minnesota<br />

By mary lahr schier<br />

Photographs by Dan marshall<br />

INVESTORS used to worry about whe<strong>the</strong>r <strong>the</strong>ir stocks <strong>and</strong> stock funds<br />

were in <strong>the</strong> red or in <strong>the</strong> black. For investors today, however, green is<br />

<strong>the</strong> new black. An increasing number <strong>of</strong> investors now expect that <strong>the</strong>ir<br />

portfolio will not only <strong>make</strong> <strong>money</strong> but <strong>save</strong> <strong>the</strong> <strong>planet</strong>, too. They want<br />

to avoid investments in companies that pollute <strong>and</strong> support firms with a<br />

positive environmental impact. But figuring out what’s a green investment<br />

is a difficult task—<strong>and</strong> pr<strong>of</strong>iting from one may be even harder.<br />

While <strong>the</strong> number <strong>of</strong> green investors <strong>and</strong> investment tools

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