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Chicago becomes 1st big American city to achieve carbon-neutral investment portfolio

from MarketWatch

Chicago has become the first major U.S. city to achieve a carbon-neutral portfolio, blazing the trail for other local governments as sustainable investing picks up steam. “It’s our goal to be the tip of the spear here,” said the city treasurer, Kurt Summers. The roughly $9 billion fixed-income portfolio maintains $70 million in the debt of top carbon emitters including Chevron Corp. CVX, +1.30% more

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