The administration is demanding an equivalent investment in US fossil fuel development if the company wants to recoup $120 million USD in offshore wind leases.

Trump admin seizes US$120,000,000 owned by the Canada Pension Plan Investment Board as stake in an offshore wind project, demands that it be invested in fossil fuel development instead.

  • dermanus@lemmy.caEnglish
    3·
    1 day ago

    Because they’re being sound financial managers. Their job is to fund the pension plan. I’m glad they’re not subject to political interference.

    • Kichae@lemmy.caEnglish
      3·
      23 hours ago

      -> not subject to political interference

      -> has $120M stolen by the country that steals everything from everyone

      Uhh, sure…

      • HertzDentalBar@lemmy.blahaj.zoneEnglish
        1·
        16 hours ago

        By political interference they mean planning the project, starting the project l, ect … not things that happen after the project is already started

      • dermanus@lemmy.caEnglish
        1·
        21 hours ago

        Canadian political interference. Would you rather future governments gamble our pensions on pet projects?