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Fink extols ‘energy pragmatism’ in letter to BlackRock investors

BlackRock CEO Larry Fink says even the most climate-conscious leaders see ‘their long-term path to decarbonisation will include hydrocarbons – albeit less of them – for some time to come’ (Photo: Victor J Blue/Bloomberg)

Those in charge of energy around the world believe renewables are important, but recognise that fossil fuels will play a role in maintaining security of supply, says BlackRock CEO Larry Fink

Leaders around the world are increasingly championing “energy pragmatism” – believing that there are roles for both ...

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