Pull out or perish: behind Blackrock’s grand exit from coal

Pull out or perish: behind Blackrock’s grand exit from coal

BlackRock, the world’s biggest fund, is quitting thermal coal. The move by the $10 trillion fund has stunned financial markets. While the people protest in the streets, progressive analysts such as IEEFA’s Buckley, who had lobbied hard for the BlackRock decision, protest about climate change to global finance bosses.

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