There are hard links between the world’s largest financial groups, including Goldman Sachs, pushing the climate change agenda by selling “Green Bonds” which are the latest scheme on how to lose a lot of money very fast. They promise to be great sellers as they whip people up into believing they can do their part by purchasing green climate bonds.

The goal is to tap into literally trillions of dollars in the bond markets by capturing new wealth from a younger generation ignorant of investment. There are major global banks and financial giants with their hands out hoping to get more than a fair share of a market that loses money with good consistency.

The fossil-fuel-free investment movement was gaining momentum. The Norwegian sovereign wealth fund claimed it had blacklisted most hydrocarbon energy producers. However, in a country where its wealth has come from oil, it seems a bit odd. They did backtrack slightly and clarified to say they would still allow investments in integrated energy groups that were at least moving in the right direction.

The last time there was such a movement with a moral divestment was in the tobacco industry. That turned out to be more show than truth and it merely resulted in the entire sector being converted into value-orientated income stocks.

It appears that as the West seems to pretend it has a conscience, they seem to be selling to state-owned institutions that are owned by Russians, Chinese, or Middle Eastern entities. It is merely changing ownership, not actually shutting down the companies or changing the use the fossil fuels.

Amazingly, among the list of 11,000 climate experts includes Mickey Mouse from the Mickey Mouse Institute For the Blind. No one in the press bothered to verify such a claim despite 11,000 scientists claiming to have signed something that no legitimate scientist would EVER ascribe to. This outrageous paper claimed to be supported by 11,000 scientists states:

The solution is replacing fossil fuels, reduce methane gas, eating less meat, restoring ecosystems, outlawing a carbon-based economy, reducing population growth, and educating girls not to have children.

It is curious that the very same goal of reducing the population began during the environmental movement for wetlands. It is clear that these people believe in reducing the population, but their arguments will impact ONLY the industrial world so the population will continue to grow in Africa, Asia, and South America. The third world sees this as the oppression that they should not now develop. Why don’t they pass a law making it illegal to heat your home or use air conditioning? Would they also be in favor of pulling the plug on hospitals for consuming electricity to save lives they think should be terminated provided it is not theirs?

Germany is one of the world’s biggest consumers of coal. After the Japanese nuclear power plant disaster, Germany announced it would not use nuclear power back in 2012. It has remained one of the world’s biggest producers of electricity from coal. It has now announced that it will shut down all 84 of its coal-fired power plants over the next 19 years in this religious effort to meet its international commitments in the fight against climate change. They claim that they will use alternative means of producing electricity. The fact that they promise something 19 years into the future is good press now, but in all reality, as the economy gets worse, the likelihood of this being put into real action is not very high. Economics will win the day in the end. We do not have 19 years before the economy will look very different.