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Investing 'Green' Could Earn You More Money

Investing in environmentally-friendly industries could make you more money than staying in fossil fuels.
Elsa Partan
Investing in environmentally-friendly industries could make you more money than staying in fossil fuels.

The number of mutual funds that incorporate environmental, social, and corporate governance investments increased four-fold between 2012 and 2014 and that growth hasn’t stopped. Meanwhile, a growing number of colleges and universities are dropping their investments in coal, oil, and gas.

Does all this environmental and social investing make a difference? And is it something the average investor can get in on?

On this episode of Living Lab Radio, we talk with Matt Patsky, the CEO of the sustainable investment firm Trillium Asset Managementin Boston. He has three decades of experience in asset management and recently published a guide to green investing. It's called Extracting Fossil Fuels from your Portfolio: A Guide to Personal Divestment and Reinvestment.

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Elsa Partan is a producer and newscaster with CAI. She first came to the station in 2002 as an intern and fell in love with radio. She is a graduate of Bryn Mawr College and the Columbia University Graduate School of Journalism. From 2006 to 2009, she covered the state of Wyoming for the NPR member station Wyoming Public Media in Laramie. She was a newspaper reporter at The Mashpee Enterprise from 2010 to 2013. She lives in Falmouth with her husband and two daughters.