Canada Pension Plan Investments has dropped a net-zero by 2050 target for carbon emissions, according to an annual report released on Wednesday, following several Canadian financial institutions that have backtracked on climate commitments.

Several major Canadian banks, including BMO, TD Bank and CIBC, have also backtracked on climate commitments this year, announcing they were leaving a Net-Zero Banking Alliance backed by the United Nations.

  • FaceDeer@fedia.io
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    11 days ago

    Because the world wouldn’t be literally on fire, that’s hyperbole.

    • assaultpotato@sh.itjust.works
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      11 days ago

      Hi its only May and my province is already literally on fire to the point where my sports games are getting cancelled from air quality cconcerns.

      • systemglitch@lemmy.world
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        10 days ago

        You would benefit from learning what hyperbole is. Then you would not use hyperbole to counter hyperbole.

        And everyone else downvoting a person using proper English.

        • assaultpotato@sh.itjust.works
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          10 days ago

          Can you explain how what I said was hyperbole? Because it was all factually accurate.

          100,000 hectares of my province burned last week because of drought conditions and unseasonally high temperatures. The resulting smoke caused my sports games to be cancelled. How can facts be hyperbolic?

    • Victor Villas@lemmy.ca
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      10 days ago

      Not necessarily the case here but the word “literally” can be used figuratively so what’s the point of your comment anyway?