Climate strings attached to large corp. bridge financing will be challenging for Alberta oil/gas

Markham interviews economist Richard Masson, School of Public Policy at the University of Calgary, about Monday’s federal govt announcement of the Large Employer Emergency Financing Facility (LEEFF), which comes with significant conditions.

“There are many companies in the energy sector that are already taking seriously the need to plan for the longer term, to plan for reducing emissions and fighting climate change. But not all of them,” Trudeau told journalists, as reported by the Globe and Mail.

“And that’s why we needed to make sure that as we moved forward on support for large employers across all sectors, that they are also – in all sectors, not just in the energy sector – thinking about the challenge that climate change will pose to their company and to their future and have a response for it.”

This video was first published onSource link . We are just re-posting and re-sharing.

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