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Men's Weekly

BlackRock is the canary in the coalmine. Its decision to dump coal signals what's next

  • Written by John Quiggin, Professor, School of Economics, The University of Queensland

The announcement by BlackRock, the world’s largest fund manager, that it will dump more than half a billion dollars in thermal coal shares from all of its actively managed portfolios, might not seem like big news.

Announcements of this kind have come out steadily over the past couple of years.

Virtually all the major Australian and European...

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