Tuesday, May 8, 2007

UPDATE 1-Citigroup commits $50 bln to green initiatives

(Reuters) - The largest U.S. bank said the amount includes nearly $10 billion in activities the bank has already undertaken. Citigroup plans as well to increase to $10 billion from about $1 billion its commitment to reduce its own greenhouse gas emissions.

Citigroup's program comes as U.S. companies look for ways to benefit from growing demand for alternative energies, and reducing emissions.


Read more at Reuters.com Bonds News

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