
BlackRock’s latest paper tiger moment
BlackRock’s words sound good. There are five pages of them, including “just” and “equitable” as well as “resilient” and “sustainable.” But, yet again, there is no mention of companies engaging in tar sands destruction, oil expansion, fracking, or deforestation. BlackRock says it “may” vote for climate-friendly shareholder proposals, and it “may” vote against company board […]