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Anorak | International Trades Unions go loopy over green finances

International Trades Unions go loopy over green finances

by | 30th, May 2012

THIS is a true glory of a report from the International Trades Unions Conference, ITUC.

They’re thinking about how lovely it would be if there were lots of investment cash to throw at green projects. Which, if you like green projects, it probably would be.

Then they look at pension funds, note they have a lot of money and start to work out how much of that could be spent on all those lovely green projects.

However, they miss the important part of the whole game: where’s the profit?

For that’s what pension funds are supposed to be doing, making a profit so that they can pay our pensions. So where is the profit in green schemes? Sure, there’s the profit

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Posted: 30th, May 2012 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink