15.01.20. This alarming news issued by the Rupert Murdoch family could have far reaching ramifications for journalists in the News Corp stables, whom, according to the flavour of the following article, might be forced to dance to the tune of the global warming warriors or find work elsewhere.
In The Australian today are a couple of indicators that push the climate Kool-Aid but nothing to the contrary.
*David Atkin, the chief executive of the $57bn construction industry super fund Cbus, has urged the private sector to step up its action on climate change in the wake of the bushfires.
*The world’s largest fund manager, BlackRock, has said it will ditch investments including thermal coal as part of a response to rising climate change concerns.
*The US asset management giant headed by Larry Fink said the investment risks posed by global warming were set to trigger substantial changes in how it invests $US7 trillion ($10 trillion) in assets. “Climate change has become a defining factor in companies’ long-term prospects,” Mr Fink wrote in his annual letter to corporate bosses late Tuesday.
*Energy giant Woodside Petroleum has hit back at gas industry critics, insisting LNG producers were not “the cigarette industry” and had unfairly suffered a black eye amid heightened concerns over global warming. The Australian gas exporter said the industry must be part of the solution and do more to tackle climate change, which Woodside now ranks as the largest risk to its business.
*Recycler sees carbon price as crucial part of solution. “The more carbon you put into the atmosphere the worse it is,” said Stephen Mikkelsen, CFO of metal recycler Sims, told the UBS Australasia conference. “The only way to deal with it is to put a price on things. That creates the economic viability of sustainable solutions whether it be carbon or waste or water pollution. What are the two fundamental issues society’s facing? Climate change, plus energy pricing.”
Source: BBC and News Corp
Murdoch columnists have described linking the fires to climate change as “hysterical” and “silly”.
Rupert Murdoch has described himself as a climate sceptic.
He denies employing climate deniers.
But critics of News Corp have pointed to its comment articles and reporting of the alleged role of arson in the wildfires as minimising the impact of a changing climate.
Last week a News Corp employee in Australia lashed out at the company’s “irresponsible” coverage of the bushfire crisis.
On Monday News Corp announced it was donating A$5m (£2.7m; $3.5m) to bushfire relief. The pledge is in addition to donations from members of the Murdoch family personally.
James Murdoch remains on the board of News Corp but is not otherwise employed by his father’s businesses. He runs a private investment company.
On Monday Kathryn Murdoch, a longstanding environmental advocate, tweeted a link to an article on Vice which criticised the Murdoch outlets for attempting to blame arsonists for the fires.”Kathryn and James’ views on climate are well established and their frustration with some of the News Corp and Fox coverage of the topic is also well known,” a spokesperson for the couple exclusively told The Daily Beast.”They are particularly disappointed with the ongoing denial among the news outlets in Australia given obvious evidence to the contrary,” the couple said to The Daily Beast’s Lachlan Cartwright Tuesday.Murdoch still sits on the News Corporation board, but also recently founded a private investment company for tech and media, Lupa Systems. In 2014, the couple created the Quadrivium Foundation that advocates for electoral politics reform and tackles climate change catastrophes. Kathryn also sits on the board of Unite America, which seeks to unify political parties and push forward with a wide range of public initiatives. News Corp-owned publications across the world include The Australian, The Daily Telegraph, the Herald Sun, the Wall Street Journal and the New York Post.