Are green investments slipping into oil?
In the EU, with massive investments in the green transition, we are trying to break free from our energy dependence on Russia and the Middle East. At the same time, the pension companies have invested many billions in oil and gas companies. Which course is the right one and how fast should it go?
Time: Friday 16 June at 9.30-10.00
Location: Climate and Energy Scene (C36), Folkemødet Bornholm
It sounds simple, but is actually difficult. Massive investments are being made in the green transition, but at the same time we are dependent on oil and gas for many years to come. The war in Ukraine and the EU's energy independence from Russia and the Middle East are absolutely crucial. The Danish pension companies have many billions invested in oil and gas companies. But which course is the right one and how fast should it go?
If you ask the EU, the taxonomy means that "natural gas" - and nuclear power - are mutually exclusive. If you ask the IEA and the green NGOs, we must stop extracting new oil and gas from the underground if we are to avoid global warming beyond the agreed 1,5-2 degrees and climate neutrality in 2050.
The road to climate neutrality is not straight, and there are many bumps on the road.
Participants:
Moderator: Bjarke Møller, director, Green Transition Denmark
Jon Johnsen, CEO, PKA
Bo Normann Petersen, CEO, AP Pension
Caroline Besserman, political advisor, Climate Movement
Tim Whyte, General Secretary, MS
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