However, even though the deal is the first international political commitment to prioritize renewable energy, not everyone thinks it’s a good idea. Dan McTeague the President of Canadians for Affordable Energy believes that the country is making a big mistake trying to prevent one of their biggest assets that another country would give an arm for.
He also says that this won’t be a good look for the economy, as signing the pledge will take away a lot of the coal, gas, and oil production which he says is crucial to the country.
The deal allows for continued financing of fossil fuels in limited circumstances that are consistent with international climate goals. An environmental group tracking public finance says the deal could shift up to 22-billion dollars from governments around the world into clean energy.
Canada signs pledge to stop direct public financing for coal, oil, and gas development by 2022 - CKPGToday.ca
Read More
No comments:
Post a Comment