
Apple's $200 million fund aims to fight climate change and boost business
CNN
Apple has announced a $200 million investment fund designed to remove carbon emissions from the atmosphere and support sustainable forestry — and to generate financial returns for the company.
Called the Restore Fund, the effort aims to remove 1 million metric tons of carbon dioxide from the atmosphere each year, equivalent to the fuel used by more than 200,000 passenger cars annually. The project could also act as an important model for other corporations by demonstrating the ability to profit from investments in the environment. "The idea of having a return is important for the planet," Apple's vice president for Environment, Policy and Social Initiatives Lisa Jackson said in an interview with CNN's Christine Romans that aired Friday.More Related News