World’s biggest fund manager urged to invest in clean energy for good of the climate and its investors
BlackRock, the world’s biggest investor, has lost an estimated $90bn over the last decade by ignoring the serious financial risk of investing in fossil fuel companies, according to economists.
CO2 in the atmosphere has reached unprecedented levels.
MAY 14, 2019
The concentration of carbon dioxide emissions in the atmosphere reached an unprecedented level this month. Researchers at the fossil fuel giant Exxon saw it coming decades ago.
Conservative lawmakers have put forward laws criminalizing protests in at least 18 states since 2017 that civil liberties advocates say are unconstitutional
Global investment of more than $1 trillion in planned LNG plants at risk
Employees work next to tanks for liquefied natural gas at a factory in Xian, China in June. China is a prime customer in a worldwide LNG expansion. (Reuters)
As we know, big lies can run free across borders with few people joining the dots. For example, no media has been reporting that China’s growing dispute with Canada is based on Canada’s enforcement of the Trump administration’s unilateral embargo against Iran. This is what politicians called ‘the rule of law’. In fact, it is assisting the US takedown of China’s superior IT competition – Huawei – for not obeying the illegal US embargo.
The New Deal and World War II are reminders of past transformative times, reverberating in current severe hardships and extreme dangers. Emergencies can bring clarity and reason about what to do, though at the opposite end, crises can elicit the worst outcomes, such as outlined by Naomi Klein in The Shock Doctrine.
