BlackRock will not stop investing in oil, natural gas, or coal, the world’s largest asset manager told a UK parliamentary committee in written responses to an inquiry on the role of the financial sector in the UK’s net-zero transition. Asked if BlackRock supports a net-zero scenario in which “no new investment is needed in coal, oil, and gas,” the asset manager responded: “No.
”, Reuters reported, citing dozens of statements from financial and environmental institutions the Environmental Audit Committee…BlackRock Says It Won’t Stop Investing In Coal, Oil, And Natural Gas
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