by Frank Bergman, Slay News:
Democrat President Joe Biden’s administration is demanding a staggering $78 trillion to allegedly fight “climate change” by funding the World Economic Forum’s (WEF) “Net Zero” agenda.
The eye-watering price tag of the globalists’ green agenda was revealed by Biden’s Treasury Secretary Janet Yellen during a speech in Belem, Brazil, on Saturday.
Yellen announced that taxpayers will need to cough up $78,000,000,000,000 before 2050 to fund a “global transition” to a so-called “low-carbon economy.”
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In order to comply with the WEF’s “Net Zero” goals, Yellen said there would need to be $3 trillion globally in annual financing for the agenda.
“Net Zero” is a list of unrealistic goals laid out by the WEF, with backing from the United Nations (UN), that seeks to advance a globalist collectivism agenda.
Thinly veiled as environmentalism, the unachievable goals of “Net Zero” would bankrupt society and make the public dependent on an unelected corporatocratic elite.
Yellen declared that meeting the “Net Zero” targets is a top priority for the Biden administration, according to the speech.
In order to contribute to this, Yellen vowed to use American tax dollars to finance green agenda initiatives in developing countries.
The taxpayer money will be funneled to multilateral development banks to develop “clean energy technologies,” Yellen pledged.
“The transition will require no less than $3 trillion in new capital from many sources each year between now and 2050,” Yellen said during the speech.
“This can be leveraged to support pathways to sustainable and inclusive growth, including for countries that have historically received less investment.”
WATCH:
Harris-Biden Treasury Sec. Janet Yellen says their “transition to a lower carbon global economy” will “require no less than $3 trillion” each year pic.twitter.com/Ho5AoT3e9e
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“Neglecting to address climate change and the loss of nature and biodiversity is not just bad environmental policy,” Yellen said during the speech.
“It is bad economic policy.”
Yellen boasted in her speech about the commitments the Biden administration has put forth toward forwarding these green initiatives to achieve their “climate goals.”
She openly admitted that the Democrats’ “Inflation Reduction Act” was a thinly-veiled green agenda legislation.
