"Large foreign investment funds have warned they could blacklist Australia and
cut billions of dollars of investments in the country if the federal government
fails to join the rest of the world in committing to a net-zero 2050 greenhouse
gas emissions target.
The warning backs up concerns of the Reserve Bank of Australia that the economy
is at risk from foreign investors withdrawing capital because of perceptions
among global fund managers that the Morrison government is resisting strong
action on climate change."
Via Robert Sanscartier.
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics