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As of last June, the CPPIB had $12B invested in fossil fuels versus $6B in renewables. Not exactly what is needed to fight climate change.
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See also: https://theenergymix.com/2021/06/03/canada-g7-fall-short-on-green-strings-for-covid-recovery-funds/ … Canada only devoted 11% of its dollars to unconditionally green spending, compared to 44% conditionally clean, and 32% directed to fossil companies with no green conditions.
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We smell Marx Carnage.
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Words are cheap. It's actions that count.https://www.reuters.com/business/sustainable-business/canadas-top-pension-funds-boost-investments-high-carbon-oil-sands-2021-05-26/ …
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Border tax on carbon
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In other news...I love that you are a strong intelligent capable minister. I especially loved hearing Alta PM copy your signature line

Period. Full Stop. (Also a new fav of mine. The line, not him)Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is absurd. The banks, pension funds & insurance companies that make up the SFAC are the institutions that are financing & investing in the companies & projects that are making Canada's 2030
#climate target & 2050#netzero target unattainable.#cdnpoli
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Yawn. Time for some real regulatory action to stop pension funds and banks from increasing investments in companies expanding fossil fuel infrastructure and violating Indigenous rights. Why are foxes being asked to guard the house?
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