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Canada Pension Plan Pours $100M into Fracking, LNG, as Biden Puts Industry Under Microscope

January 30, 2024
Canada Pension Plan Pours $100M into Fracking, LNG, as Biden Puts Industry Under Microscope

The pension fund that manages retirement savings for more than 21 million Canadians allowed US$100 million of those funds to be invested in industries now under the microscope after the Biden White House announced it would apply a climate test to liquefied natural gas (LNG) exports, a research and advocacy group says.

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