Canada Pension Plan Investments has dropped a net-zero by 2050 target for carbon emissions, according to an annual report released on Wednesday, following several Canadian financial institutions that have backtracked on climate commitments.

Several major Canadian banks, including BMO, TD Bank and CIBC, have also backtracked on climate commitments this year, announcing they were leaving a Net-Zero Banking Alliance backed by the United Nations.

  • Daniel Quinn@lemmy.ca
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    15 days ago

    Dropping environmental concerns from a pension profile has got to be the worst sort of irony. What good is retiring with slightly more money if the world you’re retiring into is literally on fire?

    • FaceDeer@fedia.io
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      15 days ago

      Because the world wouldn’t be literally on fire, that’s hyperbole.

      • assaultpotato@sh.itjust.works
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        15 days ago

        Hi its only May and my province is already literally on fire to the point where my sports games are getting cancelled from air quality cconcerns.

        • systemglitch@lemmy.world
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          14 days ago

          You would benefit from learning what hyperbole is. Then you would not use hyperbole to counter hyperbole.

          And everyone else downvoting a person using proper English.

          • assaultpotato@sh.itjust.works
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            14 days ago

            Can you explain how what I said was hyperbole? Because it was all factually accurate.

            100,000 hectares of my province burned last week because of drought conditions and unseasonally high temperatures. The resulting smoke caused my sports games to be cancelled. How can facts be hyperbolic?

              • assaultpotato@sh.itjust.works
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                4 days ago

                But my province literally is on fire - that’s not hyperbolic. We have 20,000 people being evacuated as their towns are (your favorite!) literally burning down.

                The guy I replied to is the one who started using the word “literally”:

                Because the world wouldn’t be literally on fire, that’s hyperbole.

                My province is literally on fire.

                1. “Nothing is literally on fire.”
                2. “My province is literally on fire.”
                3. “You’re being hyperbolic because you used the word literally”
                4. ???
      • Victor Villas@lemmy.ca
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        14 days ago

        Not necessarily the case here but the word “literally” can be used figuratively so what’s the point of your comment anyway?