0 Comments - Posted on by Charles Cameron

Predictable, enormously surprising

[ cross-posted from Zenpundit — read these in sequence, and tremble ]
.

Here:

  • New Yorker, Citing climate change, BlackRock will start moving away from fossil fuels
  • New Yorker, Will Big Business Finally reckon with the Climate Crisis?
  • World Economic Forum, The Global Risks Report 2020
  • BlackRock, A Fundamental Reshaping of Finance
  • Guardian, European Investment Bank to phase out fossil fuel financing
  • IEEFA, The terrible, horrible, no good, very bad year for oil and gas
    .
    **

    Climate scientists caught on first, then the US military, and now financial risk analysts. Things are shifting: if BlackRock ‘s C-suite officers (they control a dime out of every dollar in the world) were the jurors, the current US administration might not like their verdict.

    And money doesn’t just talk, it votes.