Even as the Bush Administration has stayed out of the Kyoto Protocol about to take effect, under which nations have agreed to cut emissions of "greenhouse gases" generated by industry and vehicles, a leading U.S. pension fund and socially responsible mutual fund are complying with the treaty.

On Monday, the California Public Employees' Retirement System (CalPERS) announced that it would ask companies it invests in to publicly disclose the financial risks they face from climate changes in the coming decades, along with the measures they're taking to combat those risks. The fund also invested $700 million in clean technology and environmentally oriented stocks and mutual funds last year, Associated Press reports.

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