iPolitics By iPolitics. Published on Apr 13, 2021 12:36pm
The Lead
The New York State Common Retirement Fund, which is the third-largest public pension plan in the U.S., announced on Monday it will sell over US$7 million in securities connected to Canada’s oilpatch companies, according to the National Observer. The reason for the divestment stems from the fund’s perspective that the companies are not ready for the green transition.
“As nations around the world become increasingly serious about addressing the threat of climate change and as market forces drive a low-carbon economic transition, we need to make sure our investments line up with this reality,” Thomas DiNapoli, the fund’s trustee, said in a statement.
iPolitics By iPolitics. Published on Apr 12, 2021 12:02pm The Iranian flag (Wikimedia Commons)
The Lead
Iran’s Natanz uranium-enrichment site was hit by an explosion that caused a power failure on Sunday, the New York Times reports. Iranian officials have pointed fingers at Israel, calling the attack an “act of sabotage.”
The explosion follows the renewal last week of diplomatic talks about the 2015 nuclear deal, and the unveiling on Saturday by Iranian President Hassan Rouhani of new centrifuges at the Natanz site. Centrifuges are used to produce enriched uranium, which is in turn used to make reactor fuel and nuclear weapons.
The Drilldown: Blackout at Iranian nuclear site caused by explosion ipolitics.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipolitics.ca Daily Mail and Mail on Sunday newspapers.
iPolitics By iPolitics. Published on Apr 9, 2021 11:21am (Cameron Strandberg/Wikimedia Commons)
The Lead
California Gov. Gavin Newsom announced on Thursday that the state will invest $536 million in preventing wildfires. That will include more than $350 million to improve forest management and to thin out the vegetation that fuels fires. It also includes $25 million in economic stimulus for the hard-hit forestry sector.
Some experts praised Newsom for the investment, but said California’s plan must go further.
“A $500-million appropriation would be huge, and they’ll need to do substantially more than that again next year,” said Paul Mason, vice-president of policy at the Pacific Forest Trust, a non-profit land trust and think tank that promotes forest conservation. “It will need to be in the billions.”
The Drilldown: California invests $536 million towards wildfire prevention ipolitics.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipolitics.ca Daily Mail and Mail on Sunday newspapers.