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Canada's biggest pension plan increases investments in fossil fuels
Two years ago, Environment and Climate Change Canada came out with a report saying that Canada is warming at more than double the global rate. Despite this, Canada increased its emissions more than any other G7 country since it signed the Paris Agreement. At the same time, Canada's largest public pension plan has increased its shares in fossil fuel companies. A recent report by the Canadian Centre for Policy Alternatives looks at the fossil fuel portion of the investment portfolios of Canada's two biggest pension funds. We speak with co-authors Jessica Dempsey and James Rowe.
- Broadcast on:
- 18 Sep 2021
Two years ago, Environment and Climate Change Canada came out with a report saying that Canada is warming at more than double the global rate. Despite this, Canada increased its emissions more than any other G7 country since it signed the Paris Agreement. At the same time, Canada’s largest public pension plan has increased its shares in fossil fuel companies. A recent report by the Canadian Centre for Policy Alternatives looks at the fossil fuel portion of the investment portfolios of Canada’s two biggest pension funds. We speak with co-authors Jessica Dempsey and James Rowe.
Two years ago, Environment and Climate Change Canada came out with a report saying that Canada is warming at more than double the global rate. Despite this, Canada increased its emissions more than any other G7 country since it signed the Paris Agreement. At the same time, Canada's largest public pension plan has increased its shares in fossil fuel companies. A recent report by the Canadian Centre for Policy Alternatives looks at the fossil fuel portion of the investment portfolios of Canada's two biggest pension funds. We speak with co-authors Jessica Dempsey and James Rowe.