New York Times writer accuses investment firm BlackRock of climate 'hypocrisy'

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 87%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

New York Times columnist David Wallace-Wells wrote an op-ed which accused BlackRock and other companies of 'hypocrisy' for not following through on their climate change promises.

Copenhagen Consensus Center President Bjorn Lomborg on the need to be honest about the real costs of climate policyNew York Times writer David Wallace-Well penned an op-ed Thursday that accused the world's largest asset manager BlackRock and other corporations of"hypocrisy" on climate change.

Wallace-Wells pointed to an annual letter published by BlackRock CEO Larry Fink as evidence for his claim. He noted that Fink"called global warming the most serious threat to the financial system in his 40 years of experience and promised a drastic response from his firm.

"But in his annual letter this January, just two years later, Fink struck a radically different tone, rejecting ‘woke’ capitalism and elevating the principle that investors should center only on profits," he wrote."In the spring, the firm announced it would support fewer shareholder resolutions on climate change, ‘as we do not consider them to be consistent with our clients’ long-term financial interests.’ Just months before, BlackRock closed a $15.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

PARDONS Republicans who helped Trump try to overthrow the US government on Jan 6 sought pardons At least 5 House Republicans sought pardons after Jan. 6, including Brooks, Gaetz, testimony reveals

Republicans who helped Trump try to overthrow the US government on Jan 6 sought pardons At least 5 House Republicans sought pardons after Jan. 6, including Brooks, Gaetz, testimony reveals

OMG CLIMATE HYPOCRISY! The New York Times a paper on a mission to bring us socialism, and that is the best they can do?

One thing this climate idiocy has done is it exposed just how illiterate and dumb people are who have bought into it.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New York City apparel company co-owners and partners celebrate PrideJesus Gutierrez and Sergio Aragon have been best friends since fifth grade and moved to the city in 2018. They were struck by how on June 1, the start of Pride, suddenly rainbows appeared everywhere.
Source: 6abc - 🏆 250. / 63 Read more »