Mixed reactions to Canada signing environmental pledge to reduce emissions by 2022.

Nov 5, 2021 | 3:24 PM

PRINCE GEORGE– There is some big news affecting Canada coming from Glasgow Scotland.

The United Nations Climate Change Conference, also known as COP26, is taking place this week. Canada recently made headlines after signing a pledge to stop new direct public financing for coal and oil and gas development by the end of 2022. Something that UNBC professor Tristian Pearce is encouraged about.

“It’s great to see Canada engaged in the Climate discussion and willing to commit to meet those global reductions.” –Dr. Tristan Pearce, Associate Professor, UNBC

However, even though the deal is the first international political commitment to prioritize renewable energy, not everyone thinks it’s a good idea. Dan McTeague the President of Canadians for Affordable Energy believes that the country is making a big mistake trying to prevent one of their biggest assets that another country would give an arm for.

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He also says that this won’t be a good look for the economy, as signing the pledge will take away a lot of the coal, gas, and oil production which he says is crucial to the country.

The deal allows for continued financing of fossil fuels in limited circumstances that are consistent with international climate goals. An environmental group tracking public finance says the deal could shift up to 22-billion dollars from governments around the world into clean energy.

by Anthony Corea

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Mixed reactions to Canada signing environmental pledge to reduce emissions by 2022.

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