Why Green Capitalism Won’t Fix Climate Change w/ Adrienne Buller
Tech Won't Save Us
00:00
Are You a Blackrock Investor?
Blackrock owns about 20 to 25% of the average S&P 500 company, which may not sound enormous, but is very much almost an effective veto. The way they think about it is quite interesting because if you are a universally exposed investor like a Blackrock, then you are particularly conscious of the fact that you are universally exposed to climate change. And so I think you'd be hard pressed to argue that Blackrock isn't actually very concerned about the climate crisis and about decarbonization. It's just the way that they sort of channel that concern is not necessarily towards doing anything to mitigate the climate crisis.
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