3 minute read
Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson/File Photo
Last week s Dutch court decision against Royal Dutch Shell (RDSa.L) is not the way to solve the global decarbonisation issue and risks shifting the problem to private firms, the head of the world s largest money manager said on Thursday.
BlackRock (BLK.N) CEO Larry Fink said the ruling that requires Shell to deepen its planned greenhouse gas emission cuts was an example of a general attitude that failed to address the overall problem.