Rupert Darwall: The climate agenda is a money-making business for the elites
Date: 06/03/21
Rupert Darwall, Real Clear Energy
The green oligarchs from Wall Street, Hollywood, and Silicon Valley could soon find themselves under attack like the liberal aristocrats during the French Revolution.
“The climate transition presents a historic investment opportunity,†says BlackRock CEO Larry Fink. “What the financiers, the big banks, the asset managers, private investors, venture capital are all discovering is: There’s a lot of money to be made in the creation of these new
jobs,†chimes in presidential climate envoy John Kerry. Fink concedes that the economy remains “highly dependent†on fossil fuels. He also asserts that BlackRock is “carbon neutral today in our own operations.†It’s a claim open to challenge. “If a company or individual says to me they are net-zero, I know it is complete crap,†tweeted Glen Peters, research director of the Oslo-based Center for International Climate Research.
Peters was taking to task former Bank of England governor Mark Carney, who had claimed that investments in renewable energy offset emissions from fossil-fuel investments. Carney quickly backed down, but the spat reveals the fissure in the climate movement that first became visible with Michael Moore’s 2020 movie Planet of the Humans, which pitted true believers on one side against those positioning themselves to reap profits from the climate money pouring into decarbonization.
https://www.thegwpf.com/the-climate-agenda-is-a-money-making-business-for-the-elites/
