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As tension with premiers grows, Guilbeault promises Ottawa won’t back down on clean energy policy (archive.li)

submitted 1 year ago by [email protected] to c/[email protected]

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Saskatchewan Premier Scott Moe said ratepayers in his province could be on the hook for $8 billion worth of stranded assets if his province has to meet federal clean electricity regulations that require a clean power grid by 2035.

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[–] [email protected] 4 points 1 year ago (1 children)

It's almost like these people want to act like they haven't had notice this is coming. The entire point is to phase out infrastructure that isn't relevant anymore.

Oil and gas infrastructure is becoming irrelevant quickly. Adapt, evolve or die.

[–] [email protected] 5 points 1 year ago

That (wilful?) cognitive dissonance is very widespread unfortunately.

I am having a hard time trying to get an investment advisor (of all people) to understand that these assets will be stranded, and I do not want any money getting close to them. All I get back is things like 'lovely sunny day', 'they're not that bad', 'you can have some fun with climate investing' (all quotes).

Exasperating.