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January 30, 2021

The $9 Trillion Climate Gorilla

Blackrock pushes big business toward carbon-neutral future.

Blackrock Capital Investment CEO Laurence Fink tells corporate leaders to make a plan to get to their carbon-neutral future and disclose what they’re doing publicly … or else. Is Fink just virtue signaling, or rationally realizing that government will soon force businesses to make radical changes? Should corporations kowtow to the $9 trillion gorilla that is Blackrock? What if climate-friendly business practices make for investor-friendly profits?

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