Ex-BlackRock Executive Seeks Unity to Fight Climate Change (1)

Paul Bodnar, BlackRock Inc.’s former chief of sustainable investing, said climate activists need to stop “demonizing” the fossil-fuel industry for advances to be made on the environmental front.

“There’s too much demonizing between industry and the environmental community right now,” said Bodnar, who now serves as director of sustainable finance at the Bezos Earth Fund. “It’s like a fight to the death. It needs to be a little bit more of a cooperative posture.”

While speaking Monday at the GreenFin 24 conference in New York, Bodnar pointed to coal mining as an industry that’s created livelihoods and generated taxes ...