Put simply, financial giants want your pensions and your taxes to support their investments half a world away. Greta Thunberg and The Climate Emergency Movement are paralyzing you with fear, and knowingly or unknowingly aiding the interests of the world’s mega-rich.
Formed by French President Emanuel Macron and investment corporation BlackRock capital last year, the Climate Finance Partnership sees government-funded carbon reduction as a “flagship blended capital investment vehicle.” Salivating at potential profits in the world’s “developing and emerging markets,” the partnership calls for the “unlocking” of pension funds and government money to finance green industry in the developing world. Only instead of calling our planet’s situation a “climate emergency,” they call it “the climate opportunity.”
The Blended Finance Action Taskforce – comprised of 50 financial giants including HSBC, JP Morgan Chase and Citi – is even more explicit, calling for a “layer of government and philanthropic capital,” as there are “profits to be had” in “climate-related sectors…across three regions including Latin America, Asia, and Africa.”
The same activists who call for collective guilt and punitive taxes on the western taxpayer are enabling a new breed of green capitalism, one that will make a select few fabulously rich, while the rest of us choke down meatless hamburgers and pay our politicians to tax us into oblivion.
We should be afraid of our changing climate, but we should also be afraid of zealots with good intentions.
By Graham Dockery, RT