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Is There a Snowball Effect?
There is an increasing trend in the english courts and across europe for group claims. Former black rock executive tarrick fancy, told me that most ordinary investors struggle to understand the difference between withdrawing money from an oil major and truly deploying money to deliver a green future. He reckons it's down to governments to change the incentives that apply. Someone deciding not to own the shares of a company doesn't change the world. And just because well meaning people going by them, doesn't mean you're creating any change in the world.