climate alarmism, to grant leadership of its COP28 climate conference to Sultan al-Jaber, the CEO of the Abu Dhabi National Oil Co. – the United Arab Emirates state oil company.
In his announcement on Monday, Fink emphasized that Nasser, the Aramco CEO, would fit in well with BlackRock’s corporate values. “Amin’s distinguished career at Aramco, spanning more than four decades, gives him a unique perspective on many of the key issues facing our firm and our clients,” CNBCFink as saying. “His leadership experience, understanding of the global energy industry and the drivers of the shift towards a low carbon economy, as well as his knowledge of the Middle East region, will all contribute meaningfully to the BlackRock Board dialogue.”“Behaviors are going to have to change.
“Maybe BlackRock was a passive investor 10 years ago, but today it’s an environmental activist. Indeed, BlackRock’s own public commitments belie its representations to the commission,” the read. “Pursuant to its membership in several horizontal associations, BlackRock aims to pressure or force utility companies to phase out traditional energy investment.”