After their clients lost lots of money tilting at windmills.
Running scared because they are behind the one world order and they were using climate change as their vehicle to do it. Attention has now been brought to the climate change narrative because of LA burning and they are now severing their ties to the underhanded crap they have been pulling before their proxy soldiers are caught red handed. BlackRock, Vanguard, and State Street are behind every environmental group pushing climate legislation and action with the goal of increasing their global power.
PREDICTION - Going forward any human problem NOT blamed on CLIMATE CHANGE will be blamed on AI.
We shouldn’t kid ourselves, Blackrock views this disaster as a business opportunity. Given the cost of rebuilding is about to skyrocket from sheer demand, even the people who thought they were adequately insured by companies who will actually honor the policies are likely to be under-insured with respect to a rebuild. Those without any insurance at all are looking at ruin.
This merely a re-branding:
“Alex Edmans, who teaches at London Business School… proposing the term “rational sustainability.” It may be bland, he said, but sustainability is about producing long-term value—and that’s hard to politicize”
https://www.esgprofessionalsnetwork.com/changing-the-esg-label-to-rational-sustainability/
IMHO the use of ‘sustainability’ is a red flag.