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(CNBC)   BlackRock CEO: Don't worry. We haven't changed. We still think workers are shiat   (cnbc.com) divider line
    More: Obvious, Investment, biggest asset manager BlackRock Inc, Larry Fink, BlackRock, Investment management, annual open letter, Laurence D. Fink, chief executive of the world  
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642 clicks; posted to Business » on 18 Jan 2022 at 11:30 AM (23 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-01-18 10:00:28 AM  
1 vote:
Fink, 69, defended BlackRock's stance in engaging with companies on carbon transition rather than divesting altogether, saying the companies themselves cannot be the "climate police" but instead should work with governments.
"Divesting from entire sectors - or simply passing carbon-intensive assets from public markets to private markets - will not get the world to net zero," he said. "And BlackRock does not pursue divestment from oil and gas companies as a policy."


Carbon transition? That's a stupid phrase. We know you bastards lobby Government to not do a damn thing that might hurt your precious investments. You may as well stick with 'environment destroying' and 'money making'. It's about all you are good at.
 
2022-01-18 12:23:15 PM  
1 vote:
I am pretty sure he's the Secretary of Education from Idiocracy.

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