Whether one likes it or not, for a lot of people this will mean a good investment opportunity. I would also hesitate to label it a decision made out of moral r

Whether one likes it or not, for a lot of people this will mean a good investment opportunity. I would also hesitate to label it a decision made out of moral reasoning. Neither BlackRock nor (the majority of) their clients want to reduce coal exposure because of that. They rather want to reduce their exposure because they expect more regulatory hurting to come for those companies.