Climate action is becoming less priority in the world. Trump is not helping star-news.press/wp
Larry Fink sends the annual letter to the leaders of all the companies that invests and a significant issue that was a significant issue a few years ago.
As the General Director of Blackrock, the largest asset manager in the world leads his messages for investors around the world and corporate leaders.
It soon comes his next letter, and is talking about paying attention to the environment and reduce emissions.
“I still believe, but for now I don’t care that any technology in the technology is very inflationary,” FINK said that this week speaks in Houston, as a global energy conference.
FINK is not just making this change. In recent years, highlighting climate action and cleaner energy transition is placed on energy safety and affordable.
And that happened to Donald Trump back home.
Since then, the US president has pull The country of Paris was stained by the country and climate support. Inflation reduction law, Cleaning energy program Presented by former president Joe Biden, now it is on the cross cover.
In addition, Trump has ordered to cancel the ban on oil and gas drilling in the US coastal water and also temporarily suspended New or renewed leases for sea and marine projects.
The director of the Sierra Club director says Trump withdrawal of the climate agreement that is called ‘call call’ for all other countries in the world, including Canada.
In total, hundreds of dollars per million dollars could be affected by clean technology and low-emission projects, and ripple effects could be noted around the world.
“We need to think about power and energy in a pragmatic way through the table,” FINK said.
A few years ago, the main topic of the Klima annual ceraweek event was the leading corporate and government leaders showed their environmental advancement and recent investments.
This year, it is not significantly from the conversation. Instead, the focus is rising global demand for all types of energy, especially oil and natural gas.
‘Second effect’
On Monday, the Secretary of Trump’s Chris Wright called “realistic climate”.
“The Trump Administration will treat climate change what is a global physical phenomenon that has a secondary impact on the construction of the modern world,” he said. “Everything in life brings exchanges. Everything.”
More and more, experts say Energy transition It will be more difficult, more expensive than expected.
Some energy companies that far from decarbonization efforts are constant.
Five years ago, BP set some of the greatest goals of the largest oil company, including 4030 percent of oil and gas production, and significantly increases the investment of renewables.
Now, that plan is thrown out the window.
BP renewable energy investment is changing to oil and gas production, within a company “reset”, said Murray Auchincloss Director General.
“The world has changed a lot,” he said, while he is in Houston. “When I visited government around the world, we left clearly in all countries where we work to be energy and energy reliable.”
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Focus on Trump
It is noticeable to reduce the climate priority, MARGA HALL HALL Findlay, the head of the School of Public Policy at the University of Calgaryko. MP is former liberal and recently the role of the main climate official for Suncor Energy.
“I don’t like it. It’s a climate change problem,” said in a conversation with Calgary.
“Key change Donald Trump’s elections,” Hall Findlay, pointing to its contempt for environmental policy, to dissolve green grants, more oil drilling in the science of climate change and in the world phase of Russia.
“What are priorities in such a situation?” He said. “Unfortunately, it’s not climate.”
Trump retreated in the White House, including the Environmental Defense Fund between oil and gas industry in Ceraweek.
Instead, companies say that they are committed to climate efforts.
“We are certainly not seen a lot of courses and food fights,” Grossman said in a conversation with CBC news in Houston.
“We have made many progress around the world in the subject of climate change and methane and that is not wasting all night,” he said. “People in the office have changed, but the science behind climate change has changed.”
Climate expenditure
2025 The expenditure of energy technology is first expected and investments that represents investments on employment and gas investments
“Climate are the company that will decide to be priority, due to lower priority and focusing on more short-term returns,” Roman Kramarchuk, heads of the S & P climate markets, in a conversation with the CBC news in Houston.
At the same time, there are also ways to exercise their skills and make money. “
In the US, many state and local governments follow the environmental policies to deal with climate change.
For companies, they often make great investment decisions that will make sense in the future, after Trump president.
“They see how the world goes,” said Samantha Gross, Energy Safety and Climate Analyst, Brookings in the Institution, based on DC. “I think it approaches energy transition with realism and understanding that it doesn’t happen all night.”
Fink, the head of mass manager, is optimistic that the world is going to the world and how fast the technology is changing the energy sector.
However, inflation is the mind right now, and the efforts of unloading do not always take economic sense.
“Everyone talks about the choice with hydrogen. Well, we can have green hydrogen and blue hydrogen, but is it ready to pay the cost?”
2025-03-15 08:00:00
