Scrapping net-zero commitments step in right direction for Canadian Pension Plan

Scrapping net-zero commitments step in right direction for Canadian Pension Plan

From the Fraser Institute By Matthew Lau And in January, all of Canada’s six largest banks quit the Net-Zero Banking Alliance, an alliance formerly led by Mark Carney (before he resigned to run for leadership of the Liberal Party) that aimed to align banking activities with net-zero emissions by 2050. The Canada Pension Plan Investment Board (CPPIB) has cancelled its commitment, established just three years ago, to transition to net-zero emissio…

Another nail in the net zero coffin

Some recent data on international lending of financial institutions to the fossil fuel sector shows that funds lent have increased significantly over the past year. This is despite the “net zero” dictate that Prime Minister Mark Carney and his globalist friends have attempted to impose on international banks through organizations like GFANZ (Glasgow Financial Alliance for Net Zero) and the NZBA (Net Zero Banking Alliance) to cut off the oil and …