By James Dennin for Kapitall.
President Obama announced he was using executive authority to
largest ocean reserve in the world on Tuesday
The move was the brainchild of Secretary of State John Kerry who
has been vocal about an environmental policy that's too focused on
land. Obama has previously used his powers to protect lands and
half of man-made carbon is absorbed
by the sea. The measure will focus on the areas surrounding one of
the marine monuments set up by President George W. Bush, almost
doubling its size.
Greater protection of the oceans is desperately
needed to address the carbon they absorb, the
Texas-sized islands of garbage
now floating in the Pacific, and the rapid depletion of global
The move has already drawn criticism from oil drillers and
seafood producers, the most likely groups to be adversely affected
by the ruling. However, it could theoretically benefit companies
with green investments.
So we used this
cool data-viz from
to assemble the top four American investments in green bonds and
industries by total size as of the end of last year. Do you
think they'll pay off as the US gets more environmentally
Use the list below to begin your analysis and let us know what
you think in the comments.
Click on the interactive chart to view data over
Will these green investments pay off? Use the links below to
start your own research.
1. Morgan Stanley
): Provides various financial products and services to
corporations, governments, financial institutions, and individuals
worldwide. Market cap at $57.74B, most recent closing price at
Green bonds: $1.06B
2. Bank of America Corporation
): Provides banking and financial services to individuals, small-
and middle-market businesses, corporations, and governments
primarily in the United States and internationally. Market cap at
$175.76B, most recent closing price at $16.53.
Green bonds: $892M
3. JPMorgan Chase & Co.
): Provides various financial services worldwide. Market cap at
$218.31B, most recent closing price at $58.03.
Green bonds: $792M
4. Citigroup, Inc.
): Provides consumers, corporations, governments, and institutions
with a range of financial products and services. Market cap at
$148.31B, most recent closing price at $48.98.
Green bonds: $745M
(List compiled by James Dennin. Monthly returns sourced from
Zacks Investment Research, and "green bond" data sourced from
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