Trudeau says wealth fund blacklisting of Alberta companies a wake-up call on climate change action
Quote:
On Wednesday, Norges Bank Investment Management, which manages Norway's sovereign wealth fund, announced it would stop investing in Calgary-based Canadian Natural Resources Ltd., Cenovus Energy Inc., Suncor Energy Inc. and Imperial Oil Ltd. after concluding they produce unacceptable levels of greenhouse gas emissions.
It also excluded three other non-Canadian companies, two over environmental concerns and one for human rights reasons. It said its holdings in all of the companies have been sold.
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https://www.cbc.ca/news/canada/calga...sted-1.5567293
I feel like Alberta has finally lost this war when Norway of all countries is doing something like this.
Tougher times are ahead for this province and this country. It's going to be ugly.