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A comment on BlackRock’s decision to dump coal signals what’s next. Parent comment

Re:BlackRock’s decision to dump coal signals what’s next by hodder on Thursday January 16, 2020 @08:00PM (#22070810)
The earnings yield is much higher to compensate.
[ Parent | on HN ]
Re:BlackRock’s decision to dump coal signals what’s next by perl4ever on Friday January 17, 2020 @09:04PM (#22081682)
Maybe I don't understand what you're saying but it sounds like you're implying a homeostatic mechanism prevents capital from being withdrawn from coal.

If no company or sector could decline due to declining profits, then nothing in the economy would work at all.

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