Economy & Business

"BlackRock C.E.O. Larry Fink: Climate Crisis Will Reshape Finance"

"Laurence D. Fink, the founder and chief executive of BlackRock, announced Tuesday that his firm would make investment decisions with environmental sustainability as a core goal. BlackRock is the world’s largest asset manager with nearly $7 trillion in investments, and this move will fundamentally shift its investing policy — and could reshape how corporate America does business ... ."

Source: NY Times, 01/15/2020

Coal Baron Funded Climate Denial as His Company Spiraled Into Bankruptcy

"As his coal mining company hurtled into bankruptcy, Robert E. Murray, the former chief executive, paid himself $14 million, handed his successor a $4 million bonus and earmarked nearly $1 million for casting doubt on man-made climate change, new court filings show."

Source: NY Times, 12/18/2019

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