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- _spiffy ( @_spiffy@lemmy.ca ) English14•1 year ago
I’m mad about this and I hate how powerless climate change makes me feel.
- Moyer1666 ( @Moyer1666@lemmy.ml ) 6•1 year ago
Probably because of corporate lobbying.
- argv_minus_one ( @argv_minus_one@beehaw.org ) 2•1 year ago
Because that’s where the money is, and a pension fund’s one and only job is to make money.
- MrMakabar ( @MrMakabar@slrpnk.net ) 2•1 year ago
Fossil fuels make money, but so do renewables and a lot of other companies, which use energy much less directly. The issue is that a national pension fund is a government institution and the Canadian government gets a very real conflict of intresst between fighting climate change and paying pensions. So it is much better to invest in other fields. It does not have to be renewables.