Banks and the Climate Agenda By James Reed
Here is a tremendous media release by the Citizens Electoral Council of Australia, 3 October 2019, “Banks Push Deadly Climate Agenda,” which is well researched and informative about the forces behind the present climate hysteria:
“Banks push deadly climate agenda
The following article is from the Australian Alert Service of 2 October 2019. It was accompanied by “The real Al Gore”, a profile of Al Gore’s actions in his political career on issues other than climate change, which show his true colours as a ruthless enforcer for corporate-military interests—see link at the end of the article. Governor of the Bank of England Mark Carney, in a 23 September speech at the United Nations, revealed the City of London and Wall Street financial oligarchy’s agenda on climate change. It threatens a bleak future for the children of today—one of poverty, death, and environmental destruction. The banking elite brazenly ignore the scientific realities of climate change, and scientists who warn of the disastrous polices promoted by … Goldman Sachs et al. are routinely ignored or bullied into following the establishment line. Carney, formerly a Goldman Sachs executive and Chair of the G20-BIS Financial Stability Board in 2011-18, oversaw the drive to bully nations into a bail-in regime in preparation for the now looming “economic Armageddon”. Now he reveals a climate policy that defies science and lacks humanity for the poorest and most vulnerable in society, many of whom would die under the bankers’ “zero carbon” energy austerity program. In his 23 September speech to the UN Secretary General’s Climate Action Summit 2019, Carney boasted that current supporters of the G20’s Task Force on Climate-related Financial Disclosures (TCFD) “are responsible for assets totalling US$120 trillion and include the world’s globally systemic banks, top 10 global asset managers, leading pension funds and insurers”.
The TCFD was initiated to establish a framework for companies to disclose “climate-related financial risks”. Currently it is voluntary, but Carney said the next step will make these disclosures mandatory: “It’s time for every country to get involved because the world won’t get to net zero if the financial sector doesn’t know how our companies are responding. In order to watch we must be able to see.” Further revealing the bankers’ dictatorship, Carney then threatened the livelihoods of businesses across the world: “Firms that align their business models to the transition to a net zero world will be rewarded handsomely. Those that fail to adapt will cease to exist.” Carney reported that the Bank of England will stress test the financial system for “resilience against different climate transition pathways”, in collaboration with stakeholders including the Network for Greening the Financial System (NGFS)—a group of 42 central banks and supervisors representing half of global emissions. The NGFS was established by eight central banks and supervisors at the Paris “One Planet Summit” in December 2017 and describes itself as “a coalition of the willing”. The NGFS “aims to accelerate the work of central banks and supervisors on climate and environmental risk and on scaling up green finance”. Carney’s speech followed a coordinated coup the previous day, with 130 of the world’s largest banks signing on to the so-called “Principles for Responsible Banking”, a UN Environment Program finance initiative. The first principle of the agreement aligns the banks’ business strategy with the Paris Climate Agreement, which agreement was established by the financial oligarchy in first place. It’s therefore no surprise that the bankers’ Club of Rome is now championing the school climate strikes. Founded in 1968 by David Rockefeller, former chief of Chase Manhattan Bank, Club of Rome members include Horst Köhler, former IMF head; Peter Blom, CEO of Triodos Bank; and Mugur Isarescu, Governor of the National Bank of Romania. Banking interests in “climate change” include climate crusader Al Gore. He runs Generation Investment Management (GIM), a London-based investment management firm with Senior Partner David Blood, a former Goldman Sachs CEO. GIM’s founding members include Mark Ferguson, former cohead of pan-European research at Goldman Sachs Asset Management, and Peter Harris, former head of Goldman Sachs Assets Management international operations.
Greta Thunberg vs science
In one respect, Swedish teenage climate activist Greta Thunberg is correct. She has repeatedly pointed out the obvious: that global emissions are increasing, despite the umpteen billions of dollars invested in “renewables”. So if carbon dioxide is a serious danger as some claim, we are fooling ourselves to think we’ve done anything meaningful to prevent climate change. This is why the financial oligarchy and its media assets are eager to give Thunberg a platform, because as Carney made clear, the bankers intend much deeper cuts, “a net zero world”. Thunberg says, “for more than 30 years the science has been crystal clear”. Perhaps she’s referring to British Prime Minister Margaret Thatcher, the first world leader to raise “climate change” to the UN. Thatcher supported Dr John Houghton, then head of the UK Met Office, in establishing the Intergovernmental Panel on Climate Change (IPCC) in 1988. But is the science clear? True, most scientists agree that anthropogenic emissions cause some warming. But thousands of prominent scientists have protested for years that natural climate change far outweighs mankind’s impact; and the silent majority of scientists are not making alarmist forecasts. While most media have focused their attention on teenage Thunberg, few reported that 500 scientists and professionals in climate and related fields wrote an open letter to the UN on 23 September, emphatically stating that “there is no climate emergency” and that more carbon dioxide will be beneficial for nature, greening the Earth through photosynthesis. Likewise, the mainstream media has ignored a 61-page EIR Special Report, “‘CO2 Reduction’ Is a Mass Murder Policy Designed by Wall Street and the City of London”, containing ample evidence of the bankers’ climate dictatorship. Deep emissions cuts to “net zero” would destroy the economy, leaving death and destruction, but ironically the environment would suffer too. Even former Greens leader Bob Brown has raised the alarm of wind turbines sending bird species extinct. And should we attempt a “net zero” policy, the masses of batteries required to store intermittent wind and solar power would pose a serious heavy metal poisoning danger.”
I think the point needs to be constantly made that there is nothing that could be done about global warming, even if it was occurring because the idea of a zero-emissions world is totally unrealistic, and even so, would still not be enough anyway. Fortunately, the whole bag is a bag of tricks, smoke and mirrors, in my opinion, and I will hold that until it is illegal to shout it. Then I will go silent, mumbling into my carbon dioxide soda.