SCRIPTURE OF THE DAY:
How much better it is to get wisdom than gold! And to get understanding is to be chosen above silver.
- Proverbs 16:16 NASB95
TODAY’S READS:
A Short ESG Guide: Terms - American Institute for Economic Research
San Francisco Clears Out Homeless Population Ahead of Chinese President’s Visit - American Greatness
From the Invisible Hand to the Invisible Sleight-of-Hand - Mises Institute
TODAY’S FINDS:
Get $80 OFF BOSE Quiet Comfort Earbuds Before The Sale Ends For Good - Amazon
Blink Outdoor Security Cameras Are 65% OFF For A Limited Time - Amazon
Get THOUSANDS Of Audio Books For Just $0.41 A DAY - Amazon
TODAY’S SUBSTACK:
THE WEF CLAIMS WE NEED MORE ENERGY OUTPUT, BUT THEIR SOLUTION IS INEFFICIENT GREEN ENERGY
*footnotes can be found at the bottom of the post
The WEF reported on an alarming study from the International Energy Agency (IEA) [1] which states that all countries need to hit an energy increase of just 4% a year in order to keep up with demand. The reality? Most countries are only hitting HALF of that.
But rather than proposing more realistic sustainable solutions such as clean coal, hydrogen power, or nuclear power, which all have a near endless supply of materials to work with and are extremely efficient, the WEF suggested highly inefficient, so-called “green energy” which tends to destroy more of the environment than it helps. [2]
Solar panels, for instance, cause the chopping down of forrests, are made from materials mined from the earth, thus destroying local habitats, and, after their short 20-year efficacy, are thrust into landfills where their toxic metals contaminate the land and sometimes even the groundwater supply. [3]
side note: If you’ve ever wanted to “see under the hood” of the climate scam and know, beyond any doubt, why it is all complete hogwash, and want the REAL CLIMATE FACTS so that you can out-debate your liberal friends at Thanksgiving and shut them up once and for all, then Exposing The Great Climate Change Lie by Physics Professor Lynne Balzer is the best book on the subject.
But, regardless of the facts surrounding so-called “green energy,” the WEF doubles down on its calls to completely upend the power grid and economy to accomplish this. They have called for businesses to literally fork over their earnings and prepare to “take losses” to make the world green. [4]
They want businesses to prepare “a comprehensive climate finance plan” that aligns with coming regulations that the WEF helps invent at conferences like COP28. [4] These include “buy-ins” with “key stakeholders” who will “help structure climate finance interventions.”
This sounds to me like: “We are going to completely upend the global economy while destroying the power grid and blackmail business owners to pay for this scam or else be thrown into jail.”
Keep it in your own pockets. If Jeff Bezos, or George Soros, or Bill Gates wants to invest in the infrastructure to use green energy for their businesses, more power to them. But forcing every business to “buy in” to green energy and threatening them with new regulations from colluding world governments is not in the collective best interest of everyone.
The IEA in their report specifically stated that, for every 2% increase in energy efficiency, that translates to a 40% increase in economic efficiency. [1] If we reverse energy efficiency with inefficient green products, we can only imagine what that will do to economies around the world. Could we be looking at declines in economic efficiency high enough to shutter country-wide economies? It certainly seems like a possibility.
Inflation is bad enough, globally and here in the U.S., as it is. With constant rolling blackouts caused by green products, global supply would crater, causing increased prices due to the law of supply and demand. Imagine having regular shortages for many products because China had blackouts and couldn’t meet production goals since the wind didn’t blow enough or it was cloudy that day. Is this the world you want to live in?
It’s no surprise, though, why this is happening. As usual, the people at the top stand to make a dollar from this scheme. Electric Vehicles (EVs) for instance, are not just an Elon Musk thing. George Soros has invested in multiple EV companies. [5] Other billionaires like the Ford Family, Warren Buffet, and Michael Bloomberg have invested in various aspects of the EV industry, such as battery production and charging station infrastructure. [6] [7]
But the same is also true for the green energy market. Bezos, Soros, Gates, Bloomberg, Pratt, and Webben have all invested heavily into green energy companies. So it comes as no shock they are demanding global governments force these regulations so they recoup billions more than they invested.
So what can you do? You can either lobby for your government to keep using efficient and renewable energy sources such as clean coal, or you can lobby for greater investment in hydrogen power or, if you are not concerned with the disturbingly large amount of toxic radiation, [8] nuclear power. This is the option for people who want to have a working economy and a vibrant community.
Another avenue, if you could care less if your neighbor has a job or not or if you have power every day, is to just invest your money into these same green companies and reap the financial rewards when the government awards them the funding from your tax dollars. You COULD see the stock double or possibly even triple. But this is a gamble and, like all gambles, they don’t always pay off.
SOURCES:
[1] https://www.iea.org/news/versailles-statement-the-crucial-decade-for-energy-efficiency
[2] https://www.weforum.org/agenda/2023/11/energy-efficiency-energy-news-november-2023/
[4] https://www.weforum.org/agenda/2023/11/5-tips-to-unlock-corporate-finance-for-climate-action/
[5] https://observer.com/2022/05/george-soros-invest-electric-vehicle-stock-rivian-nio-lucid/
[6] https://electrek.co/2022/08/09/billionaires-journey-key-ev-materials/
[7] https://www.fool.com/investing/2023/03/09/2-electric-vehicle-stocks-avoid-like-plague-1-buy/
[8] https://science.howstuffworks.com/nuclear-reactor3.htm
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