‘The (Planet-Saving, Capitalism-Subverting, Surprisingly Lucrative) Investment Secrets of Al Gore’

James Fallows, writing for the Atlantic:

The most sweeping way to describe this undertaking is as a demonstration of a new version of capitalism, one that will shift the incentives of financial and business operations to reduce the environmental, social, political, and long-term economic damage being caused by unsustainable commercial excesses. What this means in practical terms is that Gore and his Generation colleagues have done the theoretically impossible: Over the past decade, they have made more money, in the Darwinian competition of international finance, by applying an environmentally conscious model of “sustainable” investing than have most fund managers who were guided by a straight-ahead pursuit of profit at any environmental or social price.

A fascinating look at what investment firms might look like in 20 years.