BlackRock, shmackrock. Now we can see clearly that advocating for market solutions, BlackRock’s CEO just meant that he did not want any public solutions to the climate crisis, because those would be inconvenient for him and his shareholders. Phooey on that. We should have been more skeptical, rather than optimistic, about what the financial titan meant all along, which Bill McKibben hinted at a couple months ago:
Annals of a Warming Planet
On Climate, Wall Street Out-Orwells Orwell
It was likely too much to hope that the Biden Administration, as it tries to get a handle on climate change, might find some help from Wall Street. Instead, last week, we saw financial heavyweights turn in a performance so rigid and so short-sighted that it makes one wonder whether capitalism in anything resembling its current form can, or should, survive. Continue reading



























