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CPP ditches net zero
- Thread starter Nink
- Start date
Jack Layton
Zombie Member
CPPIB realized that fucking with the boomers' retirement money wasn't in their best interests. They need to ditch the active management strategy and go all in on an index fund without any of the ESG bullshit. Maybe then our premiums wouldn't be so high, but they to justify their payroll.
If AB ever separates one day or at least divests itself from the CPP, they can hopefully do more sensible shit with our pension money.
If AB ever separates one day or at least divests itself from the CPP, they can hopefully do more sensible shit with our pension money.
jason73
Based Member
any time i have invested in something green i have taken an absolute bath on the other hand suncor and enbridge have been good to me . i learned early on in to investing that you need to decide if you want to feel good about the companies or do you want to actually make money . i bought raytheon technologies stock right after oct 7 and its up 81% . war pays and oil and gas pays . windmills and solar panels go tits up . as a pension plan they have a fiduciary duty to make as much money as possible for the investors . it is not in their best interests to invest in pipe dreams about zero emisions
ovarieasy
Based Member
But didn't Chili Con Carney just say they'd be coming down hard on corps that didn't meet net zero targets?
He keeps saying one thing and doing another. Huh.
He keeps saying one thing and doing another. Huh.
