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Suddenly, as the economy’s nose-cone turns back Earthward and heads down, big corporations are ditching — not just ESG — but now their climate pledges too. In bunches. ...
A pesky awkwardly-named group, the ‘Climate Action 100+,’ has been collecting Fortune 100 companies that “pledge” to adopt expensive, useless, and money-wasting green policies. But conservative lawyers have been claiming all this concerted corporate action violates antitrust laws, and on top of that, is usually not in the shareholders’ best interests. Directors, after all, are responsible to shareholders rather than to The Earth, which does not pay their oversized salaries or vote or attend shareholder meetings.
Even if it wanted to pay the Directors, I’m not sure The Earth could even get a bank account, since The Earth includes Russia. Ick.
On Friday, JPMorgan, Blackrock, State Street, and Pimco all pulled out of the Climate Action 100+ group. On the same day. Which doesn’t show concerted action, at all, so stop whining. Oh, and Goldman Sachs ‘declined to comment’ on Saturday, which is not a good sign for that one, either.
While the Times framed the story as bad news, it’s actually terrific news, and it is significant progress. Virtue-signaling climate boondoggles are getting unaffordable.
As I’ve often said, we don’t have many problems that a good recession won’t fix.
Several world-renowned experts have dropped the hammer on the anti-carbon agenda pushed by the World Economic Forum (WEF) and the United Nations, warning that the globalist agenda is based on a hoax.
“Decarbonization” is one of the key goals of the WEF’s “Net Zero” agenda.
To reach these targets, members of the general public will need to make significant cuts to their quality of life.
Achieving “Net Zero” by the year 2030 requires bans on air travel, private car ownership, an end to privacy, and the introduction of digital IDs, vaccine passports, 15-minute cities, and “cashless societies” that only facilitate central bank digital currency (CBDC) instead of physical cash.
It will also require most of the farming industry to be eliminated with major restrictions on the food supply enforced that include banning meat and dairy products and replacing them with lab-grown alternatives and insect-based “foods.”
Additionally, the introduction of large global carbon taxes would need to be introduced to cover the cost of the globalist agenda.
Each year from 2023 to 2030, climate change sustainable development goals will cost every person in economies such as the United States $2,026, the U.N. Conference on Trade and Development estimates.
In lower-income economies, the per-person annual cost ranges from $332 to $1,864.
In total, the global price tag comes to about $5.5 trillion per year.
Separately, a report from the left-aligned nonprofit Climate Policy Initiative found that in 2021 and 2022, the world’s taxpayers spent $1.3 trillion each year on climate-related projects.
It also found that the “annual climate finance needed” from 2031 to 2050 is more than $10 trillion each year.
One of the world’s most prominent and highly respected climate scientists has just dropped the hammer on the entire “global warming” fearmongering narrative by warning the public that it is all a “lie.”
Politicians and activists alike have warned of a looming “climate catastrophe” for decades.
“Biden urged to declare climate change a national emergency,” reported NBC last year.
“Climate Changes Threatens Every Facet of U.S. Society, Federal Report Warns,” announced Scientific American.
Cambridge University climate scientist Mike Hulme disagrees.
“Declaring a climate emergency has a chilling effect on politics,” he tells Public.
“It suggests there isn’t time for normal, necessary democratic process.”
Scientists have discovered geological evidence that the gravitational interaction between Mars and Earth drives a 2.4-million-year cycle of deep-sea circulation and global warming.
The surprising link between Mars and Earth's seas and climate sees deep currents wax and wane, and this connects to periods of increased solar energy and a warmer climate. The research could help reveal how climate change over geological timescales — not the type humanity is currently causing via the emission of greenhouse gases — affects the circulation of the oceans.
Sounds unlikely to me, but I guess it's possible.
“If you hang around people constantly spouting negative stuff and how bad it is, guess what you’re going to believe? … It’s a great strategy for pushing this thing—if I wanted to argue the CO2 [carbon dioxide] argument, I'd do exactly what they’re doing,” Mr. Bastardi told The Epoch Times.
“But there’s been no increase. And the size of the storms is getting smaller. That’s the other thing: hurricanes are smaller and more compact.”
"It's not a blessing. The cost of solar and wind energy is the cost of producing
the solar panels and the wind turbines to make the energy. That has already been spent."
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