While everyone has been engrossed in Bitcoin’s jaw-dropping rise and the showdown between Redditors and hedge funds, Larry Fink, chief executive officer of BlackRock Inc., the biggest money manager on the planet, issued a stern warning to CEOs.
He told them, in effect, that if they don’t start paying more attention to climate change, bad things will happen to their businesses, their communities, the economy and the planet. With the U.S. experiencing an energy crisis that has left millions without power amid extreme cold, the latest in a chain of unpredictable weather many attribute to climate change, Fink’s message is likely to have renewed resonance.
