‘Climate pariah’: Campaigners urge Blackrock to strengthen coal exclusion policy after counting $85bn of coal investments

Investment Week | Jan 13, 2021 at 1:57 PM

A report published this morning by Reclaim Finance and Urgewald argues the world’s largest asset manager continues to play a leading role in supporting the coal sector, despite promises made this time last year by chief executive Larry Fink to put sustainability at the heart of all the investment giant’s decisions and to exit investments that “present a high-sustainability risk”, such as thermal coal producers.

Energy Transition Threatens Oil Producers: IEA

OilPrice.com | Jan 13, 2021 at 1:30 PM

Countries dependent on oil revenues for much of their budgets will become increasingly vulnerable to problems caused by the global energy transition, the head of the International Energy Agency, Fatih Birol, told Bloomberg in an interview.