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Time to divest in Blackrock???
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<blockquote data-quote="Migrator Man" data-source="post: 316207" data-attributes="member: 2369"><p>Blackrock has been leading the socially conscious investment movement that plans on divesting from fossil fuel companies and shifting to environmental ESG investments. What that means if your oil company doesn’t come up with a plan to switch to renewable energy your company will lose stock value because their investment money will go elsewhere. </p><p></p><p>Instead of big government leading the push to green energy they have now passed the torch onto their wealthy democratic donors to force the change. I’m not telling any of you how to invest but remember not all of these big investment firms have your fossil fuel jobs in your best interest. Also just like the tech stock market bubble, this green revolution will create many winners and losers in the green industry. Invest wisely because so of these companies put climate change goals over actual profits (=good luck staying in business). Big Tech, Big Government, Big Wallstreet are all equally the enemy of the people. </p><p></p><p><a href="https://www.google.com/amp/s/www.independent.co.uk/news/business/blackrock-climate-crisis-net-zero-investing-b1792943.html%3famp" target="_blank">https://www.google.com/amp/s/www.independent.co.uk/news/business/blackrock-climate-crisis-net-zero-investing-b1792943.html?amp</a></p></blockquote><p></p>
[QUOTE="Migrator Man, post: 316207, member: 2369"] Blackrock has been leading the socially conscious investment movement that plans on divesting from fossil fuel companies and shifting to environmental ESG investments. What that means if your oil company doesn’t come up with a plan to switch to renewable energy your company will lose stock value because their investment money will go elsewhere. Instead of big government leading the push to green energy they have now passed the torch onto their wealthy democratic donors to force the change. I’m not telling any of you how to invest but remember not all of these big investment firms have your fossil fuel jobs in your best interest. Also just like the tech stock market bubble, this green revolution will create many winners and losers in the green industry. Invest wisely because so of these companies put climate change goals over actual profits (=good luck staying in business). Big Tech, Big Government, Big Wallstreet are all equally the enemy of the people. [url]https://www.google.com/amp/s/www.independent.co.uk/news/business/blackrock-climate-crisis-net-zero-investing-b1792943.html%3famp[/url] [/QUOTE]
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