If you can’t beat them, buy them out

“Green” investment funds typically aim to avoid investing in polluters, but a new fund aims to attack the enemy from within.

An investment vehicle claimed to be “the world’s first climate change advocacy fund” is being launched on Thursday.

Australian Ethical Investments already offers a range of funds, but so far it has followed the standard model – investing as far as possible in firms which are judged to be doing the right thing socially and environmentally.

Read more at SMH. (via Greenwood Capital)