Blackrock Announces Climate Change/Sustainability Are Now Its Core Principles For Investing

In a stunning and groundbreaking turnaround, the CEO of the world’s largest asset manager with $7T under its control, BlackRock, announced that from now on the company will make its investment decisions with environmental sustainability as a core goal and will take climate change into account.

Why This Matters:  This is HUGE.  BlackRock is the single largest investor in fossil fuels in the world.  And they are getting out of that business.  

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