For companies like BlackRock, the climate crisis is a valuable investment opportunity. They've positioned themselves to make money no matter how — or whether — governments address climate change. In his 2020 letter to CEOs, Larry Fink, the chairman and CEO of BlackRock, the world’s largest asset manager, proclaimed that “climate risk is investment risk.” A... Continue Reading →

Canadian banks are playing a growing and globally significant role in fueling climate destruction and are more exposed to climate risk than they are telling their shareholders according to data in a new Greenpeace report. The report finds that prior to the pandemic, Canadian big 5 banks steadily increased their fossil fuel loans and investments since... Continue Reading →

Originally published: Red Flag News by James Plested (December 10, 2019 ) The climate crisis isn’t a future we must fight to avoid. It’s an already unfolding reality. It’s the intensification of extreme weather–cyclones, storms and floods, droughts and deadly heat waves. It’s burning forests in Australia, the Amazon, Indonesia, Siberia, Canada and California. It’s... Continue Reading →

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