Investment Advice From Congress

In fact, according to the nonpartisan Center for Responsive Politics, members of Congress have more money invested in each of the top five oil and gas companies, individually, than in 305 green stock companies combined.

Their most recent personal financial disclosures show that members of Congress had at least 45 times more money invested in the oil and gas industry (at least $20.6 million) than in public companies that provide “green” products and services (at least $452,100). This includes companies that develop renewable energy projects, manufacture energy efficiency products, recycle material or create wind or solar energy products. The amount of money members of Congress have invested in these green stocks, as listed in the newsletter Progressive Investor*, has actually decreased 23 percent since 2004, while their investments in oil and gas have increased by 30 percent.

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