Saskatchewan Premier Scott Moe said ratepayers in his province could be on the hook for $8 billion worth of stranded assets if his province has to meet federal clean electricity regulations that require a clean power grid by 2035.
Saskatchewan Premier Scott Moe said ratepayers in his province could be on the hook for $8 billion worth of stranded assets if his province has to meet federal clean electricity regulations that require a clean power grid by 2035.
That (wilful?) cognitive dissonance is very widespread unfortunately.
I am having a hard time trying to get an investment advisor (of all people) to understand that these assets will be stranded, and I do not want any money getting close to them. All I get back is things like ‘lovely sunny day’, ‘they’re not that bad’, ‘you can have some fun with climate investing’ (all quotes).
Exasperating.