Why Canadian pension plans must divest of fossil fuel investments
Combatting climate change hinges on divestment of fossil fuels across all spheres of activity. According to scientists, we are facing an impending disaster if we do not stop burning fossil fuels.
Therefore, companies must reduce their carbon footprint to net zero, and carbon-based firms that cannot or refuse to change must wind down.
Communities with significant economic dependence on firms that refuse to change must invest in and attract clean sustainable industries instead. Communities have to act now so as to save their local economies before some of these large firms shrink, withdraw or fail.
Read more @The Conversation
