Groups urge US govt against higher ethanol blends | Markets | Reuters

WASHINGTON, March 26 (Reuters) - A coalition of environmental, agricultural, business and consumer groups on Thursday urged the Obama administration not to raise the amount of ethanol blended into gasoline until testing is finished to determine if higher ethanol blends would cause harm.

Danish pension money bet on the climate scam

London, 26 March: Danish pension fund ATP has announced a $400 million investment in renewable energy private equity firm Hudson Clean Energy, and has made its first investment out of a $500 million pot for sustainable forestry.

The $900 million is part of “an increased focus on climate-related investments”, according to ATP's vice-chief investment officer Henrik Gade Jepsen. He is also to head up a new subsidiary, ATP Timberland Invest, which will manage up to Dkr3 billion ($547 million) of sustainable forestry assets.

“We think climate change will be a key driver of in future investments globally,” Lars Rohde, ATP's CEO, told Environmental Finance. He added that the investments “are not a tactical bet” but are part of a strategic diversification of the fund's $70 billion-plus portfolio and provide an inflation hedge.
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Rohde added that ATP expects to make returns in the high single digits or low double digits (although market sources suggest that the Hudson fund is expected to yield higher returns). ATP is likely to make further climate-related investments, he said, but added there are no firm plans at present.