Black Rock was one of the big-wigs in the climate cult for financial firms. Maybe they just got tired of limiting their financial returns and placating the doomsday cult?
BlackRock quits climate change group in latest green climbdown
BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny.
The world’s largest money manager told institutional clients in a letter on Thursday that it had quit Net Zero Asset Managers, a voluntary global group that describes itself as committed to “the goal of net zero greenhouse gas emissions by 2050 or sooner”.
Membership in NZAM had “caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials”, vice-chair Philipp Hildebrand wrote, according to a copy of the letter seen by the Financial Times.
All six of the largest US banks, JPMorgan, Citigroup, Bank of America, Morgan Stanley, Wells Fargo and Goldman Sachs, have quit a similar group for banks, the Net-Zero Banking Alliance, in recent weeks.
This next part is great
“This pullout actually just shows what they said in 2020 and 2021 was just performative and marketing,” said Tracey Lewis, head of climate policy at Public Citizen, a progressive advocacy group. “Today, the truth is coming out as all these companies are trying to appease the incoming administration.”
Yes, it was. The head honchos may have bought into the cult to look good the wackos, but, things change, and they seemingly have had enough of trying to go along with the Cult of Climastrology. How much time and money did Black Rock piss away in trying to patronize the cult?
If you remember, they were advocating for a SOCIAL SCORE. As in, you ain’t getting nothing unless your social score is acceptable to any bank or lending institution, including homes and cars, ordinary loans, and many more minor things.
The true definition of FASCISM as the left projected that on the Right who fought this concept tooth and nail.
The primary advocate of this was CHINA…. which is now on the precipice of financial disaster. They are facing pushback worldwide after 20 years of unfettered success and being embraced by a world that thought they had become the USA 2.0, only to find out it was all a rouge to take over the world.
Today the Shanghai to Beijing 4 hour bullet train is literally empty. Videos of travelers showing not a single patron on the train which was once so packed it was standing room only. What is going on is the social score has decimated the Chinese economy and the people are seen crying in the streets unable to eat or purchase anything, causing the snowball effect to continue unabated into the abyss of chaos.
Welcome to America 2040, unless common sense returns to the world before it is too late.
Mr Teach seems surprised that a business was being performative. There’s a new sheriff in town and just like Teach he believes that global warming is a hoax, with no potential for immediate return! From AAMCO to Zuckerberg, businesses are joining the Donnie Cult!
President Biden has promised YOUR federal tax dollars be used to pay for 100% of the costs of the California catastrophe! Big Donnie and the Republican Congress can rescind the promise, though.
BTW, the Supreme Court voted 5-4 to allow Judge Merchan to sentence Trump this morning. Justices Thomas, Alito, Kavanagh and Gorsuch voted loyally for Donnie, while the demcom libs + traitors, Roberts and Barrett, betrayed their Leader!!
That is all. You’re welcome e.