Looking at Enbridge as an example it reports that a total of $86b was invested from banks between 2021 and 2024. The info that I cannot find is how much Enbridge invests into infrastructure like transmission lines or how much of that $86b went towards renewables. Enbridge has “commited” to Net-Zero by 2050.
I am 100% for transitioning to cleaner, renewable energy and getting Canada into energy independence. It’s going to take time and money and professionals. Companies like Enbridge aren’t going to stop producing carbon, but I think they are going to be the ones that make the biggest steps towards getting us there.
The website this article uses (https://www.bankingonclimatechaos.org/) is extremely interesting and holds a lot of data.
Looking at Enbridge as an example it reports that a total of $86b was invested from banks between 2021 and 2024. The info that I cannot find is how much Enbridge invests into infrastructure like transmission lines or how much of that $86b went towards renewables. Enbridge has “commited” to Net-Zero by 2050.
I am 100% for transitioning to cleaner, renewable energy and getting Canada into energy independence. It’s going to take time and money and professionals. Companies like Enbridge aren’t going to stop producing carbon, but I think they are going to be the ones that make the biggest steps towards getting us there.