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Ceres wrangles some big financial guns behind carbon limitsIncluding the enormous CalpersPosted by David Roberts at 10:54 PM on 18 Mar 2007This is promising: Eager to pour billions of dollars into clean energy and low-carbon investments, some of the largest institutional investors in the world will urge the U.S. Congress next week to accelerate passage of climate-change legislation that would clarify an investment framework. It's also mentioned in the middle of this (credibly optimistic) New York Times editorial. That's the largest public pension fund in the U.S. (Calpers is huge -- about $230 billion), the largest insurance firm in Europe (Allianz -- around $130 billion in revenue), and the ... no longer largest anything finance outfit Merrill Lynch. Not too shabby.
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