Better Pensions BC 🇨🇦🇺🇦 - now with 50% more anti-fascism!

@betterpensionsbc.bsky.social

BC public sector pension members seeking more ethical investments.🌱🌎 Led successful fight to divest $450M from Russia in 2022. Now calling for exit from fossil fuels, tobacco and Putin enablers. https://secure.avaaz.org/community_petitions/en/chair_test/

Well past time for every country to tax excess oil profits!

Better Pensions BC 🇨🇦🇺🇦 - now with 50% more anti-fascism!@betterpensionsbc.bsky.social · 5d ago

UPDATE: Portugal has now approved a windfall tax on oil profits!!! Hi @mark-carney.bsky.social - how about 🇨🇦 copies 🇵🇹? It would be a great way to generate some $$ for Building Canada Strong - social programs, climate action, infrastructure, civil defence… (the fossil firms will be fine, promise)

Another pension fund taking climate change seriously! 🇸🇪AP7 opposes US scrapping requirements that firms disclose climate-related risks + spending. "Removing the rules would risk impairing investors' ability to assess climate-related financial ​risks + make well-informed investment decisions.” 15/x

Sweden's AP7 pension fund opposes US proposal to scrap Biden-era climate rule

Sweden's AP7 government pension fund said on Tuesday it opposes a proposal ​by the U.S. Securities and Exchange ‌Commission (SEC) from late May to scrap regulations that require companies to disclose ...

reuters.com

Alberta’s proposed power framework for data centres (and its goal to expand gas production) could expose Albertans to the ups and downs of global gas markets. This could mean much higher electricity bills in the future. Let’s dive into the trade-offs ⬇️ buff.ly/X3nxDTE

Data centres, rising demand, and Alberta's energy bills | Pembina Institute

Canada needs more electricity — fast. In part, this is due to the projected growth of data centres that can power artificial intelligence and the increasing demands of our digital services.

pembina.org

Already long gone!

Better Pensions BC 🇨🇦🇺🇦 - now with 50% more anti-fascism!@betterpensionsbc.bsky.social · 3w ago

Continuing our fun 🧵 “100 Reasons FIFA is Bad”, behold the staggering immorality👇 uncovered by @ftm.eu “Among the clubs set to receive funding is Spartak Moscow, which is owned by Lukoil, Russia's second-largest oil producer.” Lukoil + other fossil firms fund fascist 🇷🇺’s genocidal war on 🇺🇦. 4/x

"Mr. Lütke himself is among Canada’s richest people, with a net worth in excess of $15-billion. He is also a first-class fool, when it comes to matters other than making money." One person, one vote is basic democratic principle. We should try it some time: www.theglobeandmail.com/opinion/arti...

Opinion: One person, one vote is basic democratic principle. We should try it some time

Tobi Lütke’s musings on democracy remind us of what’s at stake

theglobeandmail.com

Not just excess profits, seize *all* their profits to start covering the cost of fossil-fuel-industry-caused climate disasters. Zero profit would also cure the financial sector’s sorry predilection for investing in fossil fuel.

"Guardian analysis found that the eight listed oil producers made almost $93bn (£69bn) in the three months to the end of June" Well, that explains much of the non-action amidst the global heatwaves and wildfires. Or does it? www.theguardian.com/business/ng-...

Revealed: major oil firms make $93bn profits amid war and climate crisis

Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage

theguardian.com

For anyone still thinking it‘s morally okay to travel to the US for fun these days (and if above Qs didn’t help) - consider this👇example of the Trump regime’s utter barbarity. Less than 200km from Vancouver, 120km from Victoria, 8km from downtown Seattle. Happening all over the States, EVERY DAY.

JJ in DC@jjindc.bsky.social · 5mo ago

🧊✈️ SEATTLE: Women in chains descend in driving rain from an ICE-chartered Eastern 737 (tail: N917XA) at Boeing Field 👀

“…fossil fuel assets have underperformed the returns of the non-energy S&P 500 equities for the past decade... non-fossil fuel assets have performed 4x better than coal, oil + gas assets. Since 2022 the stock market… has nearly doubled (92%) while the value of fossil fuel assets has risen only 17%.”

WA pension plans should divest from fossil fuel companies | Op-Ed

The Washington State Investment Board, which manages pension funds, should follow state Democratic Party guidance and divest from fossil fuel holdings.

seattletimes.com

Just wait, FIFA and Infantino have yet MORE ways to demonstrate their utter moral decrepitude.

Better Pensions BC 🇨🇦🇺🇦 - now with 50% more anti-fascism!@betterpensionsbc.bsky.social · 3w ago

Continuing our fun 🧵 “100 Reasons FIFA is Bad”, behold the staggering immorality👇 uncovered by @ftm.eu “Among the clubs set to receive funding is Spartak Moscow, which is owned by Lukoil, Russia's second-largest oil producer.” Lukoil + other fossil firms fund fascist 🇷🇺’s genocidal war on 🇺🇦. 4/x

And here’s more from @ftm.eu about FIFA’s unconscionable $$ for entities that are DIRECTLY TIED to Russia’s fascist regime + its evil war on Ukraine. How about FIFA redirect that $$ to rebuild all the 🇺🇦 sports facilities 🇷🇺 has blown up? Or to the families of all the athletes Putin has murdered? 5/x

FIFA risks prosecution over World Cup payments to Russian clubs

Following the World Cup in Qatar, FIFA sent more than a million dollars to Russian clubs that loaned their players to national teams, ignoring US and EU sanctions against club owners or principal spon...

ftm.eu

This is big! More recognition that fossil fuels are a bad investment! “The Bank’s new policy suggests that bonds linked to thermal coal are now too risky to sit on its balance sheet, as an international shift away from dirty fossil fuels towards greener energy could end up wiping out their value.”

Guardian Environment@environment.theguardian.com · 3w ago

Bank of England to stop accepting bonds linked to coal for key loans

Hey Pension Funds! 👇 “Financial watchdogs are taking note. In the UK, the Prudential Regulation Authority last year told banks and insurers to account for climate risks that may be non-linear and irreversible… [and] said that backward-looking data is no longer a reliable guide for the risks ahead.”

Pension Funds Try to Come to Grips With the Scariest Global Warming Scenario

Institutional investors are trying to figure out what it would mean for their portfolios if continually rising temperatures trigger what JPMorgan Chase & Co. is cal…

financialpost.com

Your daily reminder that #FossilFuelsFundFascists !!! Exhibit A: countries around the 🌏 - including 🇪🇺 - are paying fascist 🇷🇺 BILLION$ for oil + gas + coal every month, thus bankrolling its criminal war against our ally 🇺🇦. Shifting to renewables is good for climate security AND national security.

Centre for Research on Energy and Clean Air@creacleanair.bsky.social · 4w ago

In June 2026, the top importers of RU fossil fuels were: 🇨🇳 China 🇮🇳 India 🇹🇷 Turkiye 🇪🇺 EU 🇸🇦 Saudi Arabia