The octogenarian has been preaching chaos and disaster for six decades, mostly spreading fear and panic via consistent and gross mischaracterization of the environment, science, and the world economy. May I suggest, however, that jumping into ideological beds with radical leftist Suzuki and radical rightist Fink is a mistake.ĭavid Suzuki: You refer to Suzuki as a “prophet,” which he has been, but a prophet of doom. Along with a couple of other big names, such as Mark Carney and Klaus Schwab, Fink wants corporations and the investment world to refocus on social and environmental issues such as climate change. financial activist Larry Fink, CEO of BlackRock Inc., the world’s largest asset manager. The FP story went on to suggest - rightly, I think - that you have therefore aligned the Pattison Group with the global campaign led by your fellow billionaire, U.S. “I thought he was a radical and today (it looks like) he was a prophet.” With Suzuki as a prophet, you report that the Pattison Group - annual sales of $11 billion and fingers in eight economic sectors from coal to food - is now “changing gears as fast as practical to try to be more environmentally involved.” But guys like me were off base,” especially on climate change. You told the FP writer that you used to think that Suzuki “was really off base. This sort of leads to the real reason for this letter, a recent Financial Post feature story on how you came to be a climate comrade with David Suzuki and, by implication, a conscript into the burgeoning global ESG stakeholder capitalism movement. This advertisement has not loaded yet, but your article continues below. “With the rapid pace of the Environmental, Social, and Governance (ESG) movement,” said terrapass, “and calls by government, consumer, community and investor stakeholders for greater transparency, terrapass joins other thought-leaders to share learnings and advance ideas to help companies strengthen their ESG strategy and goals.” I just noticed that one of Just Energy’s Texas subsidiaries, terrapass - a carbon offset and renewable energy specialist - just this week, in the midst of Texas market meltdown, joined a Houston-based organization with big environmental and social plans.
I’m sure you didn’t become a multibillionaire by dabbling in too many losers like Just Energy, a company that specialized in bringing “energy-efficient solutions and renewable energy options to consumers.”Īnyway, that’s not the real reason for this letter, although there is a connection of sorts. The Pattison Group once held 18 per cent of Just Energy shares, back when it was worth $200 a share. Please try again Article contentįirst of all, let me offer my sympathies over whatever new financial loss might be associated with your investment in Just Energy Group Inc., the Toronto-based green energy supply company that appears to be teetering (again) at $4 a share following the Texas ice storm. The next issue of Financial Post Top Stories will soon be in your inbox.
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