NAB creates a new way to invest in renewable energy
(WorldNews Environment)

National Australia Bank Limited (NAB) has created a new way for investors to back renewable energy projects such as wind and solar farms. The NAB Low Carbon Shared Portfolio invites institutional investors to buy into a AUD200 million pool of NAB loans that fund existing renewable energy projects in Australia. The energy created by these projects avoids more than 460,000 tonnes of CO2 emissions annually, which is the equivalent of emissions created by 66,000 Australian...