Solar power is still coming in hot in Texas, despite a lawsuit aimed at throttling back investment in renewable energy, brought against three leading investment firms by Texas State Attorney General Ken Paxton.
NEW YORK — The Net Zero Asset Managers initiative (NZAM) announced today that it has relaunched the initiative, in a move that comes almost exactly one year after NZAM suspended activities in the wake of the departure of one of its biggest members, BlackRock. NZAM said its relaunch includes the support of more … [continued]
Elon Musk surprised attendees with an appearance in Davos at the World Economic Forum. His remarks were delivered as part of a conversation with BlackRock CEO Larry Fink and filled with ideas that ranged from the future of AI and human longevity to driverless transportation. “We are in the most … [continued]
PARIS — Pension funds and other asset owners are exposing clients and beneficiaries to growing climate-related financial risks by failing to stop asset managers supporting fossil fuel expansion, according to new analysis published today by Reclaim Finance and endorsed by AnsvarligFremtid, Fossielvrij NL, Sierra Club, SOS UK, and Urgewald. Read … [continued]
NEW YORK — The Sierra Club applauds today’s announcement from New York City Comptroller Brad Lander recommending that three of the city’s pension systems — which are all implementing net-zero by 2040 plans — re-evaluate their mandate for BlackRock to manage more than $42 billion, due to the asset manager’s inadequate … [continued]
The attorneys general of eleven Republican States, led by Ken Paxton of Texas, have filed suit in the US District Court for the Eastern District of Texas, alleging that some of the largest money managers in the world have conspired among themselves to stick a knife in the back of … [continued]
Image (cropped): Idaho is attracting more investor dollars for renewable energy and energy storage projects, despite public officials who rail against ESG investing (courtesy of Aypa Power).
Idaho is attracting more investor dollars for renewable energy and energy storage projects, despite public officials who rail against ESG investing.
Renewable energy makes strange bedfellows, as illustrated by the hookup between Texas, the proposed new TXSE exchange, and BlackRock. Image courtesy of Pattern Energy.
Renewable energy makes strange bedfellows, as illustrated by the hookup between Texas, the proposed new TXSE exchange, and the ESG-friendly financial powerhouse BlackRock.
This week, Larry Fink of BlackRock and Jamie Dimon of Chase Bank knuckled under to pressure from Republicans on ESG investing.
Bill McKibben has harsh words for BlackRock CEO Larry Fink after he added the head of Saudi Aramco to the board of directors.
