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NY pensions to put $500 million in "green" tech: DiNapoli

Mon Apr 7, 2008 11:04pm IST
 
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NEW YORK (Reuters) - New York State's pension fund will invest $500 million in green ventures, including clean technology and renewable energy, over the next three years, the state comptroller said on Monday.

Thomas DiNapoli, a Democrat, who runs the pensions, said in a statement: "It's not just about doing good for the environment; going green is good for the bottom line too."

(Reporting by Joan Gralla; Editing by James Dalgleish)

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