By Bud Bromley. 20 August 2022
The Daily Sceptic article in the title is here.
Consulting firm McKinsey estimated $9 trillion per year spending is needed to comply with the Paris climate accord! Running that out to the 2050 date for 50% achievement of the “net zero” plan implies spending over $275 trillion. That’s $9 TRILLION PER YEAR …all loss and no gain. No reduction in CO2 and no reduction in warming will result.
This spending already is dramatically increasing the cost of every product and service. The U.S. Democrat’s recently passed $700 billion spending bill is a down payment, mendaciously titled “inflation reduction.”
Make no mistake: the proponents of human-CO2-caused-climate-change intend to tax every household and business on their carbon footprint, and their scheme is near completion. Bankers and brokers will sell carbon offset derivatives to offset your carbon taxes. The patent on the system was granted and soon the system and devices in the patent will be required to obtain a mortgage. The patent is attached, listing Franklin Raines, then CEO of Fannie Mae, assigned to FannieMae, a quasi-U.S.-government mortgage regulation and marketing agency. The other assignee was CO2e.com, part of investment banker Canter Fitzgerald. The patent is attached for reference because otherwise most readers will think this is conspiracy theory.
Closely related, in the last few months, the U.S. Securities and Exchange Commission (SEC) filed in the official U.S. Federal Register their plan to require all public companies to document in their SEC filings their activities with regard to climate change, an incredibly wasteful fool’s errand with no benefit. Those proposed SEC regulation have already appeared in 2 Federal Register filings and the time for comment has passed. The commodities regulatory agency has also filed similar proposals. Like Hannibal Lecter pursuing his next meal, these crooks are persistent across decades.
The global great resetters, the UN, and the governments of most nations intend to regulate and tax everyone’s carbon footprint, and then the assignees of FannieMae’s patent or similar in other countries will require carbon measuring devices and connection to the system to obtain a loan or refinance a home. To avoid taxes on carbon footprints in each home and business, individuals and businesses will be invited to buy carbon credits in the commodities markets where traders expect to make trillions of dollars per year trading carbon credit derivatives. Klaus told you, ‘you will own nothing and be happy,’ but did you believe him?
The carbon derivatives trading scheme is the reason banks are involved in the climate change agenda. Bankers donate to politicians who support the scheme and support dubious government-guaranteed loans and spending on so-called sustainable programs. It is a giant money laundry under color of authority. The carbon credit derivatives trading is expected to generate $1 trillion per year in brokers fees alone, currently the market is valued at $200 billion.
A Reuter’s reports estimated the 2021 market at $851 billion.
Truly, it is malfeasance, non-feasance and misfeasance rolled into one.
Joyce Foundation, a non-governmental organization (NGO), funded Northwestern University’s Kellogg business school professor Richard L. Sandor to design a carbon credit trading system and the Chicago Climate Exchange (CCX). Barack Obama was on the board of directors (see image below from the 2000 Joyce annual report.) The president of Joyce Foundation at that time, Paula DiPerna, became President-International of CCX, “the world’s first global cap-and-trade system covering all six greenhouse gases” and also co-founded the Tianjin Climate Exchange (TCX), China’s first pilot carbon market. Franklin Raines, a confidant of Obama, https://en.wikipedia.org/wiki/Franklin_Raines was CEO at FannieMae and coinventor on the carbon measuring device and system patent. This is a very strange patent for FannieMae, a quasi-U.S.-government mortgage agency, a fact that was noticed by members of U.S. Congress (letter attached). Raines was implicated in the U.S. mortgage banking crash. Today, Raines is apparently head of the Smithsonian Institution. It is a deep conspiracy, stay with me.
The late Maurice Strong, born Canadian, Under-Secretary-General of the United Nations, first executive director of the United Nations Environment Programme, became one of CCX’s nine directors. Al Gore’s General Investment Management, a carbon offset trading company, invested and exerted considerable influence over CCX and other carbon credit trading firms. In the early 1990s, Strong founded Agenda 21, a UN program to promote so-called “sustainable development” and the human-caused global warming agenda. Strong was principle designer of The Kyoto Protocol, “an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits nations to reducing greenhouse gas emissions, based on the scientific consensus that (1) global warming is occurring and (2) that human-made CO2 emissions are driving it.”
After it was disclosed Strong accepted almost $1 million from Saddam Hussein, he fled the UN and US to Costa Rica, bilked Costa Rica on a land deal, and then fled to China, where he died in 2015. The huge conflict of interest between the UN and the carbon credit trading business went almost unreported.
Maurice Strong served for some time on the Commission on Global Governance, whose manifesto, titled “Our Global Neighborhood,” called for a dramatic redistribution of the world’s wealth and political power. It advocated a phasing out of America’s veto in the UN Security Council, while increasing UN authority over member nations. To further advance the cause of wealth redistribution, the manifesto advocated on behalf of: (a) the international taxation of multinational corporations; (b) the imposition of a worldwide carbon tax; and (c) the creation of a new international “Economic Security Council” to ensure that the world’s economic growth remains subjugated to “sustainable development” principles.
Strong believed global governance could be achieved by manipulating and exploiting international concern about the alleged degradation of the environment. This, he said, might require an all-powerful, authoritarian government to terminate the voting process by which people have traditionally elected their political leaders. “Our concept of ballot box democracy may need to be modified to produce strong governments capable of making difficult decisions,” Strong asserted, “particularly in terms of safeguarding the global environment.”
The above graphic, board of directors, and the following quotes are from the Joyce Foundation 2000 annual report (attached.)
“Finally, our grant making through the special Joyce Millennium Initiatives addresses the dynamic of power flowing from one generation to the next. … For example, the problem of global warming caused by emissions of greenhouse gases like carbon dioxide will build up and plague generations that will have had very little to do with causing the problem. One of our first Millennium grants supports the design of a pilot phase for a carbon dioxide emissions trading market, called the Chicago Climate Exchange. Long discussed, the ability of the marketplace to create incentives for reducing carbon dioxide emissions has not been tested….” … “Northwestern University J.L. Kellogg Graduate School of Management Evanston, IL $347,600 To design a midwestern pilot program for the voluntary trading of carbon dioxide and other emissions that cause climate change, with the goal of answering methodological questions and resolving operational issues (1 yr.)” (attached annual report.)
Richard L Sandor’s system became the Chicago, European and Chinese climate exchanges and the patents on the system which were acquired by ICE (see attached two ICE press releases). Grant funding for this project by Joyce Foundation reached $1.1 million. Sandor was founder of CCX.
You may notice offers from your electric utility to attach (probably at no charge) to your house and business a meter which is attached to the internet.
Here are examples of the narratives of the global warming /climate change agenda:
“The latest estimate warns that the global temperature could rise by as much as 10.5ºF during the next hundred years. At the dawn of the twenty-first century, global warming poses a serious challenge for anyone who cares about intergenerational equity, as generations born in the new millennium will suffer the effects of industrial civilization that was a hallmark of the old.”…” The problem is carbon dioxide buildup in the atmosphere, caused largely by the burning of fossil fuels such as coal and oil. Carbon dioxide (along with other greenhouse gases) traps the sun’s heat inside the earth’s atmosphere, much as a greenhouse traps warm air. Scientists have expressed increasing alarm over resulting changes in the earth’s climate, notably rising temperatures.” And another by Al Gore (in the attached Hedge Fund Review), “Many scientists are now warning that we are moving closer to several “tipping points” that could, within as few as 10 years, make it impossible for us to avoid irretrievable damage to the planet’s habitability for human civilisation.”…”Each passing day brings yet more evidence that we are now facing a planetary emergency – a climate crisis that demands immediate action to sharply reduce carbon dioxide emissions worldwide in order to turn down the earth’s thermostat and avert catastrophe.”…”For the last 14 years, I have advocated the elimination of all payroll taxes – including those for social security and unemployment compensation – and the replacement of that revenue in the form of pollution taxes – principally on CO2.”
On the other hand, the graph below, using only NOAA measurements, shows “carbon dioxide buildup in the atmosphere”… or rather the absence of significant CO2 buildup. The dashed green line near the horizontal baseline is the maximum possible net human CO2 emissions from fossil fuels, cement production, land use and all other human sources; this is only 0.6% of total CO2 in 2020 and only 0.00025% of the atmosphere in 2020. Governments, UN, WHO, WEF, proponents, etc. pretend they will control this negligible amount of CO2. They rely on what they believe is an ignorant population and they disserve our harsh ridicule. It is the maximum possible net human CO2 emissions because it is the measured net CO2 increase from all CO2 sources and sinks, human and natural, in 2020. Net human CO2 emissions cannot exceed this negligible amount.
There is no climate crisis caused by human use of fossil fuels, as attested to by the 1200 signers of the attached CLINTEL Declaration (attached.)
Corruption in carbon trading markets has already been revealed, and it is massive. “European taxpayers lose €5bn in carbon trading fraud”
“Between 2008 and 2009, 1.6 billion euros were swindled in a huge carbon quota market scam dubbed the “fraud of the century”. “On Monday, 36 people suspected of running the scheme’s largest operation went on trial in Paris.”
Politicians and regulators in the bureaucracies of national governments and the supranational wannabe governments do not listen to science, scientists, or economists. They have refused petitions and letters to reconsider their Endangerment Finding that claims CO2 is dangerous. (The EPA Endangerment Finding was instituted by the Obama administration – not a coincidence – along with hundreds of climate regulations. The Obama administration also approved billions of dollars spent on failed green energy projects. Follow the money trail.)
They will execute their fraud and tax scheme unless stopped by voters and persistent demands by the voting public to their legal representatives in government, as well as actions in the courts of law.
The money laundry feeds politicians and bureaucrats. Politicians and bureaucrats feed their cronies, who create among other things bogus peer-reviewed “science” publications, fake news, computer models, etc. It is an ongoing conspiracy, but it is not a theory.
The scheme will tax everyone on a negligible amount of carbon which has no negative effect on climate. But that regulation and tax enables a trillion dollar per year global carbon derivatives trading market and institutions which fund politicians, NGOs and cronies. The politicians and bureaucrats then spend their constituent’s money (or debt really) on solar panels, wind farms, electric vehicles, carbon sequestration projects, computer models, “big green”, and more than anything else spend big money on propaganda and miseducation, which explains the horse-blinder collusion by mainstream media, “peer-review” journal and associations and the education establishment. It is a money laundry designed to take your money, property and sovereignty and convince you that you will be happy. Follow the money trail. It leads to very big names.
This is the second largest fraud in history.
I am a member of CLINTEL and signer of the Declaration. More signers are welcome.
Share this widely please!
#ClimateChange #IPCC #GlobalWarming #ClimateCrisis #Sustainability #NetZero #EPA #EndangermentFinding #CO2 #ClimatePolicy #EnergyPolicy #FossilFuel #Henry’sLaw
August 20, 2022, by budbromley