Mmastodon EnvironmentClimate first seen 4 h ago, last 1 h ago, peak #2

Canada Pension Plan criticised for gas power investments tied to AI data centres

Original: # AI # DataCentres # canada Gas Power Plants for AI Data Centres Are a Risky Bet with Your Retirement Savings The Canada

Critics are accusing the Canada Pension Plan Investment Board of risking the retirement savings of 22 million Canadians by backing gas power plants meant to serve AI data centres. The argument is that the pension fund should act in contributors' best interest, not gamble on fossil fuel infrastructure whose value could erode as clean energy advances and AI demand shifts.

Why now: Growing scrutiny of pension funds financing fossil fuel infrastructure to meet surging AI data centre energy demand

Canada Pension Plan Investment BoardCanadaAI data centresgas power plants

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• # AI # DataCentres # canada Gas Power Plants for AI Data Centres Are a Risky Bet with Your Retirement Savings The Canada Pension Plan is supposed to invest in the best interest of the 22 million of us whose retirement savings it holds. Instead, they’re rolling the dice on gas… · Snoro · 12

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