Al Jazeera English published this video item, entitled “Why plans to buy Asia’s coal plants will benefit Wall Street | Counting the Cost” – below is their description.
Institutional investors have poured $1 trillion into companies operating in the coal industry. The United States accounts for 58 percent of that total.
Now, the Asian Development Bank and British insurer Prudential plan to buy coal plants in Asia and shut them down over the next 10-15 years. Lucie Pinson, the executive director of Reclaim Finance, explains who stands to benefit.
Kimberly Grauer, the director of research at Chainalysis, discusses why emerging and developing markets are spearheading the use of cryptocurrencies.
And on stagflation, AvaTrade’s chief markets analyst Naeem Aslam tells us if we should be concerned.
Al Jazeera English YouTube Channel
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