In recent years we’ve documented the true motivations that are driving the global warming scare.
Christiana Figueres, the executive secretary of United Nation’s Framework Convention on Climate Change, who aspires to be U.N. secretary general, has admitted that the goal of environmental activists is to destroy capitalism.
One-time U.N. Intergovernmental Panel on Climate Change Chairman Rajendra Pachauri acknowledged that his “fight” against global warming is his “religion” and “dharma.”
Ottmar Edenhofer, who co-chaired the IPCC working group on Mitigation of Climate Change from 2008 to 2015, has conceded that the climate crusade is an effort to shackle capitalism and establish a global welfare state.
Now we have Bank of England Governor Mark Carney revealing a deeper objective when he talked about how stopping climate change will provide capital markets with as much as a $7 trillion investment opportunity.
Of course his pitch is supposed to sound appealing to capitalists and defenders of the free market. But what good is sinking trillions into investments that are both unnecessary and are unlikely to produce a return?
The carbon trading scheme that was supposed to fuel economic growth while cutting man’s carbon dioxide emissions has turned out to be virtually worthless in Europe. There’s no reason to think Carney’s plot would produce better results.
But it would likely be a lucrative venture for Carney. He “and his banker mates,” Eric Worral writes on the Watts Up With That? blog, “would stand to make a lot of money, out of a vast surge in climate ‘compliance’ activity which would be associated with the new regulations.”
Some might call that “greed.” But to Carney, maybe it’s simply a matter of ensuring domestic tranquility. If his “investment” ideas become reality, then he pleases his wife Diana Fox Carney, who is such an environmentalist zealot that she is almost too easy to make fun of, and he also makes a few extra pounds on the side to add to his central banker’s salary, which is about $1.2 million a year.