Want a cleaner, greener world? One way is to
live green. Another is to invest in clean energy
companies and divest yourself of oil, gas,
and dirty energy in your 401k, IRA, annuity,
pension, trust, or any other “retirement” plan
that you own.
HERE ARE FOUR TIPS ON HOW TO
GREEN YOUR PORTFOLIO:
1// KNOW WHAT YOU OWN
If you don't know the companies that are
held in the “funds” in your retirement accounts, chances are very high that you own
oil, gas, cigarettes, GMOs, war, and other
products. Even so-called “socially conscious”
fund companies invest in these companies.
2// THE REWARDS ARE GREEN, TOO!
Over the past three years, the Hain Celestial
Group has seen its share price go up 154%,
triple the performance of Conagra Foods.
Google investors saw their investment
almost triple over the last five years. British
Petroleum stock is flat.
I like profiting on organic food and the
democratization of the Internet, instead of
canned food and gasoline: A win-win.
3// REDUCE RISK
Clean energy scored almost 60% gains in
2007 and was the worst performing industry
of 2008. To reduce risk in your nest egg,
avoid investing in individual companies, and
choose funds instead. Limit your investment
to 5-10% of your nest egg.
4// CO-CREATE A CLEANER,
Our conscious creative community is living
and buying green. We promote bike-friendly
city policies, choose more fuel-efficient cars,
eat organic, recycle, and more. However,
the next evolution of green advocacy is to
align our investing dollars with our spending
dollars. Make 2014 our year to get money
smart and invest green.
Natalie Pace is a bestselling author, blogger and
Information has been obtained from sources believed to be reliable however
NataliePace.com does not warrant its completeness or accuracy.
BY ZOë KORS NATALIE PACE
COMMUNITY // NEWS
As part of the Clean LA Solar initiative,
the wildly popular apparel store Forever
21 has committed to installing the nation’s largest single rooftop solar power
system at their LA headquarters. Los Angeles Mayor Eric Garcetti, and Forever 21
Founder/CEO Do Won Chang gathered to
ceremoniously install the first panel at the
Clean LA Solar is a revolutionary new energy program that supplies zero-carbon,
renewable energy to Los Angeles by taking advantage of the vast, underutilized
rooftop space in the area. Launched in
2013, Clean LA Solar will be the largest
urban rooftop solar program in the United
States—and is already being hailed as a
model for the nation.
The fashion retailer’s 5. 1 megawatt solar
power system, designed and built by Per-
maCity, makes Forever 21 the first to take
advantage of both LADWP’s Solar Photo-
voltaic Incentive Program and Feed-in Tariff
(Fi T) Program on one site. The incentive
program compensates customers who pur-
chase and install their own systems; the Fi T
program allows businesses and commer-
cial property-owners to generate energy
for the city’s power grid through rooftop
solar panels, and sell the power back to
Currently, most of the city’s renewable
power is generated outside the LA basin
and transmitted inefficiently to customers. By contrast, the Clean LA Solar program incentivizes clean-energy production
within city limits. The result will be more
efficient power delivery and a reduction in
the city’s reliance on polluting, coal-fired
The impact of Forever 21’s commitment is significant. PermaCity estimates
the system will help keep nearly 13 million pounds of carbon dioxide out of
the air each year, which is the equivalent of taking 1,200 cars off the road.
It also puts Los Angeles one giant step
closer to its goal of generating 33% of its
electricity from renewable sources by the
Raises the Roof on