The extreme weather events that hit the U.S. and other countries have cast a sharp spotlight on the role of climate change. In recent years, those concerns have been a key part of significant changes in the way investment firms and companies do business. But now a backlash is brewing against what conservative politicians call “woke capitalism.” Economics correspondent Paul Solman reports.
Correction: This report misstated the number of New York City teachers, transit workers and other public employees whose assets are overseen by the New York City Comptroller — it is 750,000 not 750. We regret the error.
Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6
Follow us:
TikTok: https://www.tiktok.com/@pbsnews
Twitter: https://www.twitter.com/newshour
Instagram: https://www.instagram.com/newshour
Facebook: https://www.pbs.org/newshour
Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe