The annual survey of our young rich – the under 41-year-olds who already have more money than most of us ever dream of – has been released and it tells a similarly grim story: If we want to be rich, we might be better off buying a coal mine, a fleet of bulldozers, or developing some software smarts.
Again, the BRW list of Australian Young Rich 100 is dominated by miners and the people that invest in the equipment that removes millions of tonnes of earth so they can get easy access to the target minerals and ore bodies. And there are the software kings, such as the whiz-kid owners of software sensation Atlassian, the retailers, the sportsmen, the property investors and the financiers.
Where were the representatives of the “green economy”.
A global project has been launched to encourage pension and superannuation fund members to shift some of their $60 trillion in savings into funds that support clean and green technology.
Now the independent, not-for-profit Asset Owners Disclosure Project (AODP) is asking the world’s largest 1000 asset owners to reveal how they are addressing climate change and the ‘‘green economy’’.
Some of the biggest Australian funds to be covered by the global index include ARIA, AMP, AustralianSuper, Colonial First State, Commonwealth Bank, Westpac and Perpetual.
Read more: http://www.theage.com.au/environment/climate-change/global-funds-urged-to-shift-more-money-into-clean-technologies-20120929-26rod.html