Wilton Simpson hammers U.N. climate alliance of investors after JPMorgan Chase, BlackRock drop out
Agriculture Commissioner Wilton Simpson is not letting up his criticism of a United Nations-led investor alliance aimed to address climate change that Simpson and other critics say could hurt business and agricultural interests.
The Climate Action 100+ group includes hundreds of financial institutions managing tens of trillions of dollars. The goal, its supporters say, is to work with companies to lessen carbon emissions and enact other policies to improve the environment.
The group was in the news this week as two investing powerhouses — JPMorgan Chase and BlackRock — withdrew from the organization, deciding they would prefer to stick with their in-house climate policies rather than be lock...
