Dave5

Money is gonna do money things… it gives zero fucks about other factors¹.

In early December, Larry Fink, CEO of BlackRock, the world’s largest investment company, announced BlackRock was going all in on crypto currencies, helping revitalize interest in the dwindling, fossil fuel-heavy industry. This otherwise routine business story is noteworthy for one important reason: Three years ago, Fink was heralded by many in business media for ostensibly helping to usher in a new, green, and sustainable brand of capitalism. 

Fink now going all-in on the fossil-intensive crypto industry is a good time to review that fawning press coverage and determine what lessons can be learned from that particularly cynical news cycle of greenwashing. 

https://www.levernews.com/larry-finks-big-climate-lie/

1. Including the long term ↩︎