COP26: Larry Fink criticises greenwashing; ADB to buy-and-retire coal plants; methane pledge, green steel
We’re at COP26 (surprise!). Some highlights so far:
Larry Fink, CEO of Blackrock, called for a new business model for the energy transition at the Green Horizon Summit. Fink criticised oil and gas companies selling off their most polluting assets as greenwashing and implored investors to work with these companies to manage the decline of oil and gas assets.