Monday, September 10, 2007

A convenient truth, Mr. Gore!


IIPM MANAGEMENT INSTITUTE

FundsA convenient truth, Mr. Gore! flowing into carbon funds have also shown a considerable appreciation. According to New Carbon Finance, the amount of money flowing into carbon funds has reached a towering $11.8 billion (cumulative) by the end of the first quarter of 2007. Secondly, even the growth of investments over the past decade or so done in the name of ‘social responsibility’ is quite promising. As per the latest Socially Responsible Investing Trends Report, by the Social Investment Forum, the ‘socially responsible’ investments, even considering only the US, were $2.29 trillion at the end of 2005 as compared to $639 billion during the end of 1995.

Interestingly, even the growth in the world’s recent and unprecedented addiction to uranium has far reaching reasons. The need for alternate fuels has made uranium a worthwhile investment option and has made the commodity enter an electrifying bull run. Uranium prices have shot up to their all-time highs in the recent past. Take this into consideration! Uranium prices only a year back (for U3O8) was $48/lb; and now, a whopping $125/lb.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

No comments: