Pumping taxpayer money into environmental issues seems to be the cause du jour for politicians going into their next legislative session, and looking ahead to 2008. Beverly Perdue, second in charge in the Tarheel state, wants to launch a "go green" strategy with $15 million and lure green companies, like biodiesel producers, to North Carolina. She also wants part of the state's investment portfolio to go to fund managers with success investing in green companies. North Carolina's pension fund already has a stake in environment funds. It seems that the state treasurer, who controls the $70 billion pension fund, and Perdue are headed for a fight in the 2008 governor's race. But that's not the reason to boast a green public agenda. Another of Perdue's ideas is to boost the number of hybrid vehicles in the state fleet.

[Source: Lisa Hoppenjans / Chapel Hill News]

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