Davos $14 Trillion Extortion for a Global Warming Scam
Politics / Climate Change Jan 28, 2013 - 11:12 AM GMTBy: BATR
The latest megalomaniacal threat from the financial globalists wants to saddle the world economy with a cost of trillions of dollars that benefits favorite corporatists. The phony global warming cult has a core purpose. Their objective is to drive down the standard of living for non-elites and prevent the use of fossil fuel energy. The fallacious science used to create a disinformation scare for politically unsophisticated "True Believers" is a direct result of transnational money manipulators. The Davos crowd sponsors the educational and media institutions that trump up junk research and manufacture idealistic solutions.
"The world must spend an additional $14 trillion on clean energy infrastructure, low-carbon transport and energy efficiency to meet the United Nations’ goal for capping the rise in average global temperatures, according to a World Economic Forum report released on Monday."
Former Mexican President Felipe Calderon states the globalist viewpoint.
"Economic growth and sustainability are inter-dependent, you cannot have one without the other, and greening investment is the pre-requisite to realizing both goals."
What can be expected from these "greening investment" projects? In order to anticipate future plans, a comprehensive understanding of the past and present shady business practices is crucial.
"The still-emerging links of the mafia to the once-booming wind and solar sector here are raising fresh questions about the use of government subsidies to fuel a shift toward cleaner energies, with critics claiming that huge state incentives created excessive profits for companies and a market bubble ripe for fraud. China-based Suntech, the world’s largest solar panel maker, last month said it would need to restate more than two years of financial results because of allegedly fake capital put up to finance new plants in Italy. The discoveries here also follow "eco-corruption" cases in Spain, where a number of companies stand accused of illegally tapping state aid.
Because it receives more sun and wind than any other part of Italy, Sicily became one of Europe’s most obvious hotbeds for renewable energies over the past decade. As the Italian government began offering billions of euros annually in subsidies for wind and solar development, the potential profitability of such projects also soared — a fact that did not go unnoticed by Sicily’s infamous crime families.
Roughly a third of the island’s 30 wind farms — along with several solar power plants — have been seized by authorities. Officials have frozen more than $2 billion in assets and arrested a dozen alleged crime bosses, corrupt local councilors and mafia-linked entrepreneurs. Italian prosecutors are now investigating suspected mafia involvement in renewable-energy projects from Sardinia to Apulia."
"Lewis "Lew" Hay, III is executive chairman of NextEra Energy, Inc., and it is estimated by Forbes, that CEO "Hay earns nearly $10 million in total compensation from NextEra." Despite the fact that Hay was actually a "major political contributor to Sen. John McCain in 2008," he quickly learned which side his power company could generate the title of the "Third Largest Recipient of DOE Risky Loans." Hay too joined wealthy Democratic donors on Obama’s Jobs Council in 2011, along with the other two I have tackled in this series, "Spreading the Wealth to Obama’s Ultra-Rich Job Council" –– Jobs Czar, Jeffrey Immelt CEO of General Electric has raked in $3 billion and counting, meanwhile John Doerr, along with his "climate buddy" Al Gore's, VC firm Kleiner Perkins is tied to at least $10 billion of stimulus funds. Both General Electric and Doerr were key contributors to what went into the 2009 Stimulus.
No matter how you slice it, whether we are sending money abroad or fueling corporate welfare here in the United States as well as the egregious practice of crony capitalism, the 2009-Recovery act is a lie, a travesty and a scam, favoring wealthy financial backers of President Obama and the Democratic Party as well as those with influential political connections to both. And with a president that's dead set on pushing a fierce and radical climate change agenda and funding green energy with taxpayer money, no matter the long list of failures, there is no end in sight to this green corruption scandal.Besides NextEra Energy taking full advantage of the federal production tax credit (PTC), we now can confirm that the Bank of Obama has rewarded this conglomerate of a power company, and his millionaire job council buddy Lewis Hay, with two large DOE loans ($2.3 billion); one large stimulus smart-grid grant ($200 million); and six 1603 stimulus grants totaling $398.5 million. Thus NextEra's green tab is on its way to $3 billion of taxpayer money, and that's not factoring in the PTC."
With this background and sorry record of corruption to build upon, the World Economic Forum at Davos sets the agenda for the global economy.
The "Greening" leadership translates into forcing upon the world a "Cap and Trade" dictatorship. The Calderon bandits that sip champagne from their Swiss chateau want to extend their aristocratic bondage upon a gullible public. The proper dictum is "Save the World" from the New World Order elites."The WEF suggests a crisis of leadership and debt are some of the biggest challenges facing the world, and that ’global governance’ is the key to stabilization. Pascal Lamy, director-general of the World Trade Organisation, said: ‘We need proper global governance that has the necessary tools, power and energy to create a more level playing field at the international level.’
At the end of the day, a push for increased global governance and an environmental agenda is on the table for Davos 2013, under the banner of ’Resilent Dynamism’:
"Mr. Klaus Schwab (WEF Founder and executive chairman) said that the world is seeing "a new reality of sudden shocks and prolonged global economic malaise, particularly in major economies experiencing economic austerity". He also mentioned, "Future growth in this new context requires dynamism - bold vision and even bolder action.
Either attribute - Resilience or Dynamism - alone is insufficient, as leadership in 2013 will require both".
"The L-W CSA allows covered facilities to satisfy up to 15% of their compliance obligation with specific domestic offsets. An additional 15% can be covered using international emission allowances. Unlimited banking is allowed and owners and operators of covered facilities can borrow up to 15% of their annual compliance obligation from future years. The L-W CSA also creates a Carbon Market Efficiency Board to monitor the carbon trading market and implement specific cost relief measures, including increased borrowing and use of offsets."
What a boondoggle for the consumer and a windfall for organized crime. If you worry about mob infiltration into this extortion racket, you had better focus on the true mafia; namely, the globalist plutocrats.
If the disclosed goal is to extract $14 Trillion from the distressed world economies, one can only reasonably conclude that the surreptitious objective is to widen the income gap between the ultra-rich and the peons. People pay the costs of taxation exploitation. The privileged elites view the masses as useless eaters, destined to be herded into pens of servitude.
The fake global warming panic is pure political propaganda, used to bolster a guilt complex to justify insider theft. A Cap and Trade ploy is designed to push up the costs of fossil fuel with full knowledge that "Greening Dreams" are no substitutes to real energy.Research projects into technological alternative sources, based upon efficiency and reliability standards are valid. However, allowing governmental cronyism to impose limits on cheap energy, distorts the marketplace. The Davos crews of corporatist gangsters fly into their feast on private jets. The sycophant media reporting by the business toadies that attend the gala celebration of global autocracy should be indisputable evidence that the globalist own the public relations spin.
Even so, such distorted coverage does not blind those who understand the true nature of the planetary struggle. The monopolist plan for adding unwarranted tolls on your family budget, sold as a noble necessity, will only accelerate the systematic impoverishment of your economic existence.
Source : http://batr.org/autonomy/012713.html
Discuss or comment about this essay on the BATR Forum
"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"
© 2013 Copyright BATR - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors
BATR Archive |
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.
