Conversations on Vietnam Development
Vietnam’s Ministry of Health just announced nine new cases of the novel coronavirus on Sunday afternoon (March 08, 2020).
All nine new cases are foreigners, who were on the same flight from London to Hanoi with the 17th case, 26-year-old Nguyen Hong Nhung, who tested positive for the novel coronavirus Friday after traveling to the three European countries last month. Tiếp tục đọc “Breaking | Vietnam reports 9 new coronavirus cases in a day, now 30”
London (CNN Business)Oil prices have suffered their biggest fall since the day in 1991 when American forces launched air strikes on Iraqi troops following their invasion of Kuwait.
Tiếp tục đọc “Why oil prices are crashing and what it means”
When Larry Fink announced in mid-January he’d be putting solving the climate emergency at the center of his US$7.43 trillion investment company BlackRock’s strategy, even long-time critics acknowledged it was a huge deal. “It takes leadership and a certain kind of courage to admit that change is needed,” wrote Sierra Club executive director Michael Brune at CNBC. “Now we must keep the pressure on.”
BlackRock had earlier stated a commitment to “sustainability,” yet for years faced pressure from the Sierra Club and others over its investments in fossil fuels and Amazon deforestation. In a letter last month to shareholders, Fink promised measurable change: BlackRock would no longer invest in companies deriving 25% or more of their revenues from thermal coal.
Shortly after, however, the environmental and human rights group Urgewald calculated that less than 20% of the coal industry would be affected. “The scope of the policy is still far too limited and further steps will need to follow quickly,” it argued.
In January, CEO Larry Fink announced that BlackRock would make the environment a key consideration in shaping its investment policy. Photo courtesy of BlackRock, Inc.
This is a familiar cycle these days: A large company makes an impressive-sounding climate commitment, but on closer inspection the reality ends up being messier and less inspiring than it first appeared. For example: Microsoft pledges to go “carbon negative” by 2030, removing more carbon from the atmosphere than it emits, while donating to the election campaign of U.S. Senator Mitch McConnell, who has questioned the science of climate change and has a 7% lifetime score from the League of Conservation Voters.
Tiếp tục đọc “3 WAYS TO TELL IF CORPORATIONS ARE GENUINE ABOUT FIGHTING CLIMATE CHANGE”
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