Norway blacklists "grubby" oilsands companies . . .
brew noser <[email protected]>
| Newsgroups | ab.politics |
|---|---|
| Message-ID | <[email protected]> |
Four of them are Canadian - from the tarsands. ---------------------------------- "We divest from companies where we no longer want to be a shareholder for ethical or sustainability reasons,” the fund said. Wow. Take that, Alberta! ________________________________________ And also this - enough to make any environmentalist smile: But the climate debate, renewable-energy technologies and investors’ attitudes toward highly polluting companies have changed a lot in the past two decades. Investors don’t want to prop up old oil companies; they want to propel green energy companies into the big leagues, and it has worked amazingly well so far. Most of the new energy giants began life in the hydrocarbon business – oil and gas production, oil refining or coal-powered electricity generation. They’re busy burying their hydrocarbon pasts and diving into solar, wind and hydro power. _____________________________________ Read it all and know where the future lies. Now we just have to get there in a helluva hurry if we're to save mother earth: https://www.theglobeandmail.com/business/commentary/article-message-from-the-norway-wealth-fund-to-oil-sands-companies-clean-up/