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January 17, 2019

The Yes Men Target Fossil Fuel Ties of BlackRock Investment Firm
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On Wall Street, the investment giant Black Rock was forced to deny
Wednesday that it's taking bold action on climate change, after the
activist group The Yes Men sent reporters a hoax letter posing as Black
Rock CEO Larry Fink. The letter claimed Black Rock would require
companies it invests in to align their business models with the goals of
the Paris climate agreement. After the Financial Times, CNBC and other
media outlets ran with the story, Black Rock tweeted, "Don't be fooled
by imitations…Larry's real CEO letter coming soon." As the world's
largest investment company, Black Rock is also the world's largest owner
of fossil fuel companies and has been the target of environmentalists
and shareholder activists calling on it to divest from coal, oil and
gas.


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