1 year on, most oil-and-gas bailout money has moved, federal
Newsbot @ Mon Nov 18, 2019 8:32 am
Title: 1 year on, most oil-and-gas bailout money has moved, federal government says
Category: Business
Posted By: DrCaleb
Date: 2019-11-18 07:20:42
Canadian
DrCaleb @ Mon Nov 18, 2019 8:32 am
$1:
Sweden's central bank said Wednesday it had sold its Alberta-government issued bonds because it will no longer invest in assets held by governments or companies with large climate footprints. A day later, the European Investment Bank, the non-profit lending institution of the European Union, announced it will not invest in fossil-fuel projects after 2021.
Both decisions followed a warning from Norway's central bank on Nov. 5 that climate risk must be considered in all assessments before investments are made.
Both decisions followed a warning from Norway's central bank on Nov. 5 that climate risk must be considered in all assessments before investments are made.
The UPC were warned. Kill the carbon levy, and lose investors.
Thanos @ Mon Nov 18, 2019 9:44 am
In a shout-out to small-town cheap I wonder how much of this money will one day be revealed to have ended up as monogrammed golf balls at a private club somewhere. 
DrCaleb @ Mon Nov 18, 2019 9:46 am
I'm sure most of it wound up as Executive Bonuses.