launch-a-hedge-fund-save-the-planet-continued

Launch a hedge fund, save the planet (continued)

Part 2: An investor's take on how to profit from helping protect Mother Earth.
In part 1 of this interview, Andrew Pidden and Anthony Wilkinson of CLSA's Clean Resources Asia Fund spoke about their fund strategy. In part 2 they now discuss misconceptions about the environment in Asia.

Chinese cities constitute three-quarters of the worldÆs top 20 dirtiest cities ranked by pollution. If China doesnÆt clean itself up, then all the environmental work done elsewhere wonÆt mean much, will it

Pidden The cost to China of being polluted is much higher than the cost of cleaning it up. To clean up the pollution China created in 2004 would cost $136 billion.

It didnÆt clean it up, so it didnÆt spend that money, but that doesnÆt mean it isnÆt...
¬ Haymarket Media Limited. All rights reserved.

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