Sunday, July 25, 2021

Lagarde Pushes ECB To Shun Fossil Fuel Bonds As Central Banks Embrace “Green” Future

from ZeroHedge:

Later this year, the ECB will meet for a grand strategy review. Expected to be one of the most consequential policy reviews for years to come, the central bank could opt for changes to its inflation target (some doves have proposed following in the footsteps of the Fed by loosening the ECB’s inflation target) as some have insisted. But one change that appears virtually certain, is that the central bank will adopt language addressing matters like climate change, economic equality, etc.

Doug Casey on the Calls for Fed to Address Inequality, Climate Change, and More…

by Doug Casey, International Man:

International Man: Recently, the calls for the Fed to add a third mandate to address racial and economic inequality have grown louder.

Will we see a redistribution of wealth soon?

Doug Casey: It seems the movement towards black “reparations” is building momentum. These things always start small, testing the water, then grow when nobody either laughs at them for being stupid or decries them as evil. Most Americans are now too intimidated and confused to do that, however.

It’s similar to MMT. A year ago, the notion of Modern Monetary Theory was too outrageous a notion for a sensible person to bother considering; now, it’s practically public policy.

New Study: No Warming At All In Sweden For The Last 200 Years

from Humans Are Free:

First we start by noting how Greta Thunberg has been obsessed with the climate of the globe and that of her home Sweden. She claims it is changing dangerously fast and how this is supposedly unprecedented.

But a recent paper shows this is in fact all false, at least in Sweden:

John Kerry’s Think Tank Calls for War With Russia Over Climate Change

by Alan Macleod, MintPress News:

“America will soon have a government that treats the climate crisis as the urgent national security threat it is.” — John Kerry

Recently-appointed Special Presidential Envoy for Climate John Kerry has announced his intention of dealing with the pressing issue of global warming as a national security concern. “America will soon have a government that treats the climate crisis as the urgent national security threat it is,” the 76-year-old former Secretary of State wrote. “I am proud to partner with the President-elect, our allies, and the young leaders of the climate movement to take on this crisis.”

Climate ‘Experts’ Demand Tax-On-Meat To Fight Global Warming

from ZeroHedge:

The UK Health Alliance on Climate Change (UKHACC) urges the UK government to impose a climate tax on food producers by 2025 – unless private industry takes voluntary measures to limit their carbon emissions.

In the report published on Nov. 4, titled “All-Consuming: Building A Healthier Food System For People And Planet,” UKHACC outlines that the climate crisis cannot be resolved without reducing food that causes high emissions, such as red meat and dairy products.

“In particular, red meat consumption will need to be cut by half if the food system is to stay within sustainable environmental limits,” UKHACC wrote in the report.