Commentary,  Environment & Work,  Finance

Finance, Pensions, and the Phase-Out of Fossil Fuels

The Ontario Federation of Labour recently hosted Labour Confronts the Climate Crisis, a conference on the role of trade unions in fighting to reduce greenhouse gas emissions, achieve a fair transition for workers in fossil fuel industries, and encourage the expansion of sustainable industries such as renewable energy, electric vehicles, and public transit. Speakers included Noam Chomsky, Eriel Tchekwie Deranger, Adrienne Buller, Seth Klein, and Simon Donner.

As part of the conference, Centre for Future Work Director Jim Stanford gave a keynote presentation on the economics of energy transition, and the role of pension funds in supporting stronger climate policies and investments in sustainable industries. Here is a video of that presentation, reposted with thanks to the conference organizers.

Jim Stanford is Economist and Director of the Centre for Future Work. He divides his time between Sydney, Australia and Vancouver, Canada. Jim is one of Canada’s best-known economic commentators. He served for over 20 years as Economist and Director of Policy with Unifor, Canada’s largest private-sector trade union.