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Capitalism Is Struggling With the Language of Climate Change

The technical terminology of science can sometimes be muddled in powerful climate messages from finance and political leaders.

Larry Fink

Larry Fink

Photographer: Simon Dawson/Bloomberg

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There’s now an overwhelming consensus behind zeroing-out emissions to slow down global warming. Nine of the 10 largest economies will soon align behind this goal, once President Joe Biden resets U.S. climate policy. The single-largest shareholder on the planet, BlackRock Inc., has likewise put its $8.7 trillion heft behind a powerful message to chief executives everywhere: The decades ahead will be defined by minimizing emissions, requiring an overhaul to everyone’s business models.