Bill McKibben: On climate, Wall Street out-Orwells Orwell

BlackRock’s C.E.O. says divestment from fossil-fuel stocks would be “greenwashing.”
Print Friendly and PDF

BlackRock’s $400m stake in Amazon meatpackers defies sustainability cred

Wall Street fund manager BlackRock administers $408 million in shares in the three largest Brazilian meatpackers operating in the Amazon today.


Wall Street watchdog calls for carbon pricing, better prep for climate change

The U.S. should establish a price on carbon and push financial institutions to be better prepared for the economic instability likely to be caused by climate change, according to a new report from the U.S. Commodity Futures Trading Commission.


Ex-Wall Street 'quant' wields data to replant charred Madagascar rainforests

After retiring early from a career as a quantitative analyst for stock portfolios worth billions of dollars, Matt Hill started a nonprofit to restore rainforest in eastern Madagascar.


An oil giant’s Wall Street fall: The world is sending the industry signals, but is Exxon listening?

Exxon, which dropped off the Dow this week, has remained defiant as the oil market has plummeted and its competitors have begun to shift gears.


Biden’s climate advisers say more than proposals do

Several of Biden’s informal advisers and confidants are Obama administration veterans who have embraced fossil fuels and fracking.

Fed gets new carbon warning: 'Will never be a vaccine for climate'

Wall Street banks make progress on climate change finance, but a group of big investors representing $1 trillion warn Federal Reserve Chair Jay Powell of systemic market risks.

Goldman Sachs says renewable-energy spending will surpass oil and gas for the first time ever in 2021

The transition to renewable power from traditional fuels will create a $16 trillion investment opportunity through 2030 as spending shifts to new infrastructure, Goldman Sachs analysts say.


Michael Moore drops new climate change doc 'Planet of the Humans'

Moore's focus is not just the devastating effects of climate change - it also offers a critical view of the ways in which, per a press release, "the environmental movement has lost the battle through well-meaning but disastrous choices, including the belief that solar panels and windmills would save us, and by giving in to the corporate interests of Wall Street."


Robert J. Samuelson : Can Wall Street save us from climate change? (Fat chance.)

Private firms can indeed be agents of change, but ultimately it’s governments that must step up.

How coal country becomes solar country

In one Colorado county, solar-energy-training classes are helping ease the transition from fossil fuels to renewables.

Wall Street increasingly weighs risk from climate change

In the wake of two years of devastating wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency.


Climate change protesters douse Wall Street bull in fake blood

More than two dozen protesters were hauled away in cuffs Monday morning after dousing Lower Manhattan's Charging Bull statue in fake gore during a climate change demonstration.

From our Newsroom

Fractured: The stress of being surrounded

Jane Worthington moved her grandkids to protect them from oil and gas wells—but it didn't work. In US fracking communities, the industry's pervasiveness causes social strain and mental health problems.

Fractured: Distrustful of frackers, abandoned by regulators

"I was a total cheerleader for this industry at the beginning. Now I just want to make sure no one else makes the same mistake I did. It has ruined my life."

Fractured: Buffered from fracking but still battling pollution

A statewide network of fracking and conventional wells, pipelines, and petrochemical plants closes in on communities.

Fractured: Harmful chemicals and unknowns haunt Pennsylvanians surrounded by fracking

We tested families in fracking country for harmful chemicals and revealed unexplained exposures, sick children, and a family's "dream life" upended.

Fractured: The body burden of living near fracking

EHN.org scientific investigation finds western Pennsylvania families near fracking are exposed to harmful chemicals, and regulations fail to protect communities' mental, physical, and social health.

LISTEN: Kristina Marusic discusses the "Fractured" investigation

"Once they had the results of our study [families] felt like they had proof that these chemicals are in their air, their water, and making their way into their bodies."

Above The Fold

Daily & Weekly newsletters all free.