BlackRock CEO Larry Fink: We need to be decarbonizing, we need to be digitizing

1 month ago
21

"We need to be decarbonizing, we need to be digitizing, we need to be moving forward, we need to be building out more and more, and I think this is one of the big issues. As I wrote in an editorial a few months back in the FT and I spoke with the G7, I spoke about every economy needs to focus on growth. There's too much focus on lower taxes, should we raise taxes? Not enough, how do we stimulate growth? And I think infrastructure is a major component of how we stimulate growth. And we don't, because of the breadth of the capital market, we don't have to rely on federal spending or state spending. There is enough capital in the private sector that we'll be able to fund these new projects. And so to me, this is the dawning of the new reality that we're gonna see broadening of public and private investing for infrastructure."

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