Laurence D. Fink, the founder and chief executive of the investment giant BlackRock, has become one of the most influential voices in business over the past decade in pushing corporate leaders to think beyond profits, to their social purpose...Within weeks of his telling leaders in 2020 that climate change would become a “defining factor” in how BlackRock assessed their companies, many blue-chip businesses announced plans to become carbon-neutral or carbon-negative. ...
He suggested that E.S.G. was not a fad but a permanent feature of the corporate world. Business leaders who do not adapt to the new reality, he suggested, risk being overtaken by younger and more innovative rivals in step with the times. “Capital markets have allowed companies and countries to flourish. But access to capital is not a right,” he wrote. “It is a privilege. And the duty to attract that capital in a responsible and sustainable way lies with you.”
"Science corruption increased during the 1960s and literally overwhelmed science during the 1970s due to increasing complexities which were met by incompetents through corruption and overwhelm of rationality. Science bureaucrats ran with the corruptions of science instead of correcting them. That result was an inevitable characteristic of the bureaucracies due to the darkness of operating behind closed doors...When rational persons try to correct errors in the bureaucracies, they are called whistleblowers and forced out if not thrown in jail, as endless examples have shown...Then during the 1990s, bureaucrats took their stupidity a step further in requiring a statistical analysis with every number published in the biological sciences...Now days, laboratory scientists are so overwhelmed by everything other than science that they find it impossible to get much done. That degree of overwhelm makes it easy for corrupt scientists and nonscientists to scandalize real scientists out of science for trying to correct errors."
U.S. News & World Report: “Large U.S. banks would have to integrate climate financial risk assessments into every aspect of their work under sweeping new draft supervisory guidance proposed by a top U.S. banking regulator on Thursday.” The magazine elaborated, “The principles touch on everything from how climate change affects board room governance, liquidity, credit and operational risk, to the way banks project hypothetical future losses on their books and their ability to service poorer communities.”
Bjorn Lomborg: "Hurricanes in 2021 were unprecedented — as in unprecedentedly few. Globally, 2021 had the fewest hurricanes ever in the satellite era (1980-2021). Globally, 2021 had some of the fewest strong hurricanes in the satellite era (1980-2021). With 16 strong (Cat 3+) hurricanes, 2021 was the second-lowest strong hurricane year since 1980. Globally, 2021 was a weak hurricane year. When measured by total energy (Accumulated Cyclone Energy), 2021 was the 9th weakest year. Did you see that reported anywhere?
Hurricanes in 2021 were weak and exceptionally few. But we heard lots about North Atlantic hurricanes. Conveniently, North Atlantic is the only basin where hurricanes are stronger. Does this leave us well-informed?. But we hear lots about names storms (hurricanes + weaker storms). Ever-easier to detect, so numbers keep climbing (4 of 2020s 30 named storms wouldn't have been named in 2000!). Not as relevant, but hey, scary numbers."