COLUMBUS — “A group of socially progressive and religious investment groups is urging Ohio Gov. John Kasich to remain committed to his declarations not to extend the state’s freeze on renewable energy and energy efficiency standards for utilities.
Nine fund managers and groups who say they manage more than $15 billion in assets, including some in Ohio, say alternative energy mandates help attract new investment and business.
The investors include Calvert Investments, a Bethesda, Maryland-based firm that invests “in companies that provide positive leadership in the areas of their business operations,” and Friends Fiduciary, a nonprofit Quaker outfit based in Philadelphia that manages $350 million in funds.
Three bills are circulating through the Ohio Senate and House of Representatives, ranging from extending the current freeze on standards another three years to getting rid of them altogether.”
— Tom Knox, Columbus Business First
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