Canadian Politics Today

Seems investors are getting pretty wary of fossil fuels, moreso because they've been misled about climate change impacts.

Investor risk statements include all kinds of improbable risks simply because disclosing a risk, no matter how remote, is better than not disclosing it. That does not mean it is serious or even a likely problem. It is only a possible problem. It is a mistake to take an investor risk statement as something that is actually relevant to investors. Any knowledgeable investor will understand that fossil fuels are needed to power our economy and that is not likely to change much over the next 20 years.