Canadian Pension Board Invests $141M in Chinese Coal

[jazz]

Norwegians made an effort to reduce the negative effects of their oil boom by investing their massive heritage fund outside of the country.

Norway took their sovereign wealth fund out of other countries and stuck a lot of it back into their own oil and gas business. Invest in yourself as they say. Too bad Canada is too fing stupid and run by morons to figure that one out.

[chuckChuck]

Fossil fuels are subsidized too. Plus there are lots of hidden costs. Pollution, environmental damage, etc. So you can stop complaining about subsidies and support for green sources of energy because the oil sands and the oil industry and coal all got subsidies of one sort or another.

[wmoebis]

Our electrical requirements for this country could easily be fulfilled by fossil fuels and newer technology to be clean burning....even coal...why we waste time on other subsidized sources is beyond me...

Clean safe and providing more than the base load while using our resources makes more sense....eventually people will realize this...

Every green system has to be backed by good old conventional power....

And if people were serious about green...there would be a whole lot more hydro dams on the saskatchewan river systems...

The trouble is engineers think everything has to be the biggest and best. Look at the BC Site C project. Build more smaller dams less major disruptions in eco.

[bucket]

Fossil fuels are subsidized too. Plus there are lots of hidden costs. Pollution, environmental damage, etc. So you can stop complaining about subsidies and support for green sources of energy because the oil sands and the oil industry and coal all got subsidies of one sort or another.

OK ....but....solar and wind need backup.....When it is 40 below I like to know my furnace will run and the troughs don't freeze ...comes from the base load provided by fossil fuels....gas or coal...pretty stable electricity....

[chuckChuck]

It's not either or. Its all of the above as we transition. But many posters are dead set against any renewables. Are you going to oppose natural gas used for cleaner hydrogen too? I am not.

[AlbertaFarmer5]

Fossil fuels are subsidized too. Plus there are lots of hidden costs. Pollution, environmental damage, etc. So you can stop complaining about subsidies and support for green sources of energy because the oil sands and the oil industry and coal all got subsidies of one sort or another.

Speaking of subsidies, when are you going to respond regarding your idiotic $60 billion comment in a previous thread?

[AlbertaFarmer5]

It's not either or. Its all of the above as we transition. But many posters are dead set against any renewables. Are you going to oppose natural gas used for cleaner hydrogen too? I am not.

Transition to what? What "renewable" energy could ever provide 100%?

[chuckChuck]

And fossil fuels are infinite? What are you planning for energy sources when they are all gone?

Its not either or its all of the above. We are moving to cleaner low carbon energy sources whether you like it or not.

[bucket]

And fossil fuels are infinite? What are you planning for energy sources when they are all gone?

Its not either or its all of the above. We are moving to cleaner low carbon energy sources whether you like it or not.

There are plenty of options....we could be clean burning the majority of what goes into landfills to generate power....

[furrowtickler]

And fossil fuels are infinite? What are you planning for energy sources when they are all gone?

Its not either or its all of the above. We are moving to cleaner low carbon energy sources whether you like it or not.

Hopefully nuclear can prove to be the cleanest form of base energy the world needs , then let all the other sources , green , oil or whatever stand on their own and prove there own merits