28.10.2016 - BlackRock calls for higher carbon price to tackle climate change
Fund house says companies should pay more for the pollution they generate. BlackRock has called on governments globally to make businesses pay a higher price for the pollution they generate, in a move aimed at forcing companies to reduce their carbon emissions. The world’s largest fund house, which manages $4.9tn for investors, said it is struggling to understand the climate change risks it faces when making investment decisions because the price companies have to pay for emitting carbon is inconsistent..........................................Full Article: Source
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