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Larry Fink sends an annual letter to the boss of all companies invested in the company and decarbonized a large topic a few years ago.
The world’s largest asset manager, the world’s largest asset manager is the effect of BlackRock’s CEO of the world for investors and corporate leaders around the world.
Its next letter will soon come and it shows that it will be less about emphasis on the environment and the reduction of waste.
“I still believe that, but at the same time I am aware of the high inflation of any decarbon technology,” he said this week during the global energy conference this week.
FINK is not alone in making this change. The emphasis on climate activity and pure energy has highlighted more energy security and convenience in recent years.
Donald Trump was this before returning home.
There is US President since then pulled Country and Climate Grants from Paris Climate Agreement. Inflation Reduction Act, Clean Energy Program The former President Joe Biden is now in Crosshairs.
In addition, Trump has ordered and also ordered to cancel the ban on oil and gas drilling in most coastal waters of coastal water temporarily suspended New or updated leases for sea and wind projects on land.
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The director of the campaigns for the Sierra Club, the removal of Trump from the climate agreement, including Canada, including every country in the world, he said.
In general, hundreds of billions of dollars can affect pure technological and low emission energy projects and ripple-effects can be felt in the world.
“We need to think about strength and energy in the Board of the Board,” Fink said.
A few years ago, climate, corporate and government leaders were the main topic of the annual Ceravek event for demonstrating the progress and final investments in the environment.
This year is noticeable from the conversation. Instead, in the spotlight, global demand for all energy, especially oil and natural gas.
‘Side effects’
On Monday, Trump’s Energy Secretary Chris Wright called himself “Climate Realist”.
“The Trump Office will approach climate change in climate change, the modern world with a global physical phenomenon that is effective in the construction. “Everything in life covers the commercial and barracks. Everything.”
As they are increasingly experts say Energy transition It will be more challenging, expensive and complicated than expected.
Some energy companies continue to go away from decarbon production efforts.
Five years ago, BP, up to 40 percent to 40 percent, reduced the production of oil and gas produced by 40 percent of oil and gas, and set some ambitious goals of any major oil targets to invest in renewable energy.
Now this plan was thrown out of the window.
BP is invested in oil and gas production from renewable energy as part of a “reset”.
“The world has changed a lot,” he said, while onstage in Houston. “As I visited the world, the two priorities in all countries we operate were really affordable energy and reliable energy.”
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Attention in Trump
The climate decrease is noticeable, Martha Hall findlay, head of the University of the Calgary State Policy Findlay. The former Liberal MP and recently organized the role of the head climate employee for Suncor Energy.
“I enjoy it. The climate change is a problem,” he said during an interview in the calgary.
“Fundamental change was the selection of Donald Trump,” he said.
“What are the priorities in such a situation like this?” said. “Unfortunately, not the climate.”
From the White House, Dan Grossman, Dan Grossman, Dan Grossman, was waiting for a prey between the oil and gas industry in Texas.
Instead, companies still say they are committed to climate efforts.
“Of course, we do not see many controversies and food battles,” Grossman said at a meeting with CBC news in Houston.
“We made a lot of progress in a global scale in the issue of climate change and methane softening, and this will not be spread overnight,” he said. “People in the office have changed, but the science behind climate change has not changed.”
Climate spending
According to the concepts of the S & P, in 2025, in 2025, the first time is expected for the cost of expenditures and investments.
“This climate is a priority and want to pay attention to priority and expenses and short-term income of this climate and want to pay attention to more expenses and short-term income,” he said.
At the same time, the climate will be other companies that see their opportunities and make it a way to make money. “
Many state and local government in the United States continue with environmental policies to resolve climate change.
For companies, they often make great investment decisions that will think of one or two of one or two in the future, Trump is the President.
“They see what way the world is going,” he said. “I think they are treated by understanding that there will be realism and a night.”
The President of the Mass Money Manager is optimistic about how the world has changed many aspects of the world and the world’s energy sector.
Again, inflation is currently at the beginning of the mind and the decarbon’s efforts are not always in the sense.
“Everybody speaks of hydrogen. It can be good, green hydrogen and blue hydrogen, but are there anyone who wants to pay the costs?”
