Winning. Pulling out of the phony Climate Alliance. More to come?
JP Morgan Chase, the world’s largest bank, and State Street Global Advisors, an institutional investor with $3.5 trillion in assets under management, withdrew from the so-called Climate Action 100+ investor group. At the same time, Black Rock, which has more than $10 trillion in assets under management, dramatically scaled back its involvement in the alliance. Does my heart good.