The Real Money Controllers Behind the New Green Agenda Aim to Change the Economy Using Environmentalism as a Cover


The radical new green agenda has gained much support over the past year, and Wall Street investors, banks, and corporations have joined their forces at the World Economic Forum. The goal is to invest in businesses and industries that support the agenda of the UN Intergovernmental Panel on Climate Change. Investors will abandon companies and industries, such as thermal coal, that are not part of the agenda. The biggest whale is BlackRock investment fund that manages $7-trillion in assets. Others include Vanguard Funds, Fidelity Investments, Goldman Sachs, State Street Global, Carlyle Group, Rockefeller Capital Management, and major banks that formerly supported mining and oil.

In 20010, a UN IPCC official, Dr Otmar Edenhofer, told an interviewer, “…one must say clearly that we redistribute de facto the world’s wealth by climate policy. One has to free oneself from the illusion that international climate policy is environmental policy. This has almost nothing to do with environmental policy anymore…” -GEG

Within little more than a year everyone imaginable seems to have jumped on the bandwagon of the new green agenda of radical measures to “stop” climate change. Now the bastion of corporate economic globalization, the Swiss Davos World Economic Forum, has made its main theme this year, “Stakeholders for a Cohesive and Sustainable World,” with major focus on such notions as “How to Save the Planet.” Of course, featured speaker was the young Swedish activist Greta Thunberg. What few realize is how carefully all this is being orchestrated to prepare a massive shift in global capital flows where a handful of financial giants stand to gain.

From Greta to Bonnie Prince Charles, the themes at Davos 2020 were dominated for the first time by the climate change agenda. What comes through the interstices of the meeting of some 3,000 of the world’s corporate giants, is that a major global campaign is being orchestrated and it includes the world’s largest capital investment fund heads and the world’s major central bankers.

Davos trustees

It was no accident that Davos, the promoter of globalization, is so strongly behind the Climate Change agenda. Davos WEF has a board of appointed trustees. Among them is the early backer of Greta Thunberg, climate multi-millionaire, Al Gore, chairman of the Climate Reality Project. WEF Trustees also include former IMF head, now European Central Bank head Christine Lagarde whose first words as ECB chief were that central banks had to make climate change a priority. Another Davos trustee is outgoing Bank of England head Mark Carney, who was just named Boris Johnson’s climate change advisor and who warns that pension funds that ignore climate change risk bankruptcy (sic). The board also includes the influential founder of Carlyle Group, David M. Rubenstein. It includes Feike Sybesma of the agribusiness giant, Unilever, who is also Chair of the High Level Leadership Forum on Competitiveness and Carbon Pricing of the World Bank Group. And perhaps the most interesting in terms of pushing the new green agenda is Larry Fink, founder and CEO of the investment group BlackRock.

The Fink Letter

BlackRock is no ordinary investment fund. Based in New York, BlackRock is the world’s largest asset manager with some $7 trillion, yes, trillion, under management invested in over 100 countries. That’s more than the combined GDP of Germany and France. They dominate the stock ownership of every major exchange in the world, top shareholders of the major oil companies and world largest coal companies. Aspiring German CDU politician Frederick Merz has been chairman of the BlackRock Germany since 2016.

On January 14, 2020 just days before the Davos meeting featuring climate change, Fink published an unusual annual newsletter to corporate CEOs. BlackRock founder and CEO Larry Fink has jumped aboard the climate investing train big time.

He wrote in a closely read letter that guides numerous corporations seeking investment from some of BlackRock’s $7 trillions, “Climate change has become a defining factor in companies’ long-term prospects.” Citing recent climate protests, Fink states, “awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance. The evidence on climate risk is compelling investors to reassess core assumptions about modern finance.”

Declaring that, “climate risk is investment risk,” Fink then asks an impossibly difficult question of how climate risks will impact entire economies. He has the answer, we learn. Referring to what he calls “a profound reassessment of risk and asset values” Fink tells us, “because capital markets pull future risk forward, we will see changes in capital allocation more quickly than we see changes to the climate itself. In the near future – and sooner than most anticipate – there will be a significant reallocation of capital.” And a handful of the world’s largest money groups will steer that reallocation of capital we learn. This alone should give pause for reflection. Is there another agenda here?

How will Fink and friends shift their investment flows, investment, by the way, of other peoples’ money, the savings of millions of us? BlackWater plans to demand that companies it invests its $7 trillion into show proof that they are green compliant by, “making sustainability integral to portfolio construction and risk management; exiting investments that present a high sustainability-related risk, such as thermal coal producers; launching new investment products that screen fossil fuels; and strengthening our commitment to sustainability and transparency in our investment stewardship activities.” Translated, if you don’t follow the demands of the UN IPCC and related groups including McKinsey & Co., you lose big money.

TCFD and SASB Look Closely…

As part of his claim to virtue on the new green investing, Fink states that BlackRock was a founding member of the Task Force on Climate-related Financial Disclosures (TCFD). He claims, “For evaluating and reporting climate-related risks, as well as the related governance issues that are essential to managing them, the TCFD provides a valuable framework.”

TCFD was created in 2015 by the Bank for International Settlements, chaired by fellow Davos board member and Bank of England head Mark Carney. In 2016 the TCFD along with the City of London Corporation and the UK Government created the Green Finance Initiative, aiming to channel trillions of dollars to “green” investments. The central bankers of the FSB nominated 31 people to form the TCFD. Chaired by billionaire Michael Bloomberg, it includes in addition to BlackRock, JP MorganChase; Barclays Bank; HSBC; Swiss Re, the world’s second largest reinsurance; China’s ICBC bank; Tata Steel, ENI oil, Dow Chemical, mining giant BHP and David Blood of Al Gore’s Generation Investment LLC. Note the crucial role of the central banks here.

And to further insure Blackrock and friends in the world of trillion dollar funds choose the right investment in the right companies, Fink states, “BlackRock believes that the Sustainability Accounting Standards Board (SASB) provides a clear set of standards for reporting sustainability information across a wide range of issues… “ This is reassuring until we look at who makes up the members of the SASB that will give the Climate-friendly Imprimatur. Members include, in addition of course to BlackRock, there is Vanguard Funds, Fidelity Investments, Goldman Sachs, State Street Global, Carlyle Group, Rockefeller Capital Management, and numerous major banks such as Bank of America-ML and UBS. What is this framework group doing? According to their website, “Since 2011, we have has been working towards an ambitious goal of developing and maintaining sustainability accounting standards for 77 industries.” So the very financial groups who today steer global capital flows to major mining and coal and oil projects since decades will now become the arbiters of what companies qualify to be blessed with money and which not for some future “green bond” investment.

Read full article here…




Virus Lockdowns: 6.7 Million in San Francisco Bay Area Ordered to “Shelter in Place.” Los Angeles, NYC, Illinois, Ohio, Washington Close Restaurants and Bars.


Authorities from six Bay Area counties, San Francisco, Santa Clara, San Mateo, Marin, Contra Costa and Alameda counties with a combined population of 6.7-million people, announced a “shelter in place” order for all residents. The order is the strictest measure of its kind in the country, directing people to stay inside their homes and away from others for the next three weeks. Residents may only leave their homes to shop for food/supplies, to access health care, or to provide aide to those in need. President Trump predicts that the coronavirus will be a threat through July or August.

Los Angeles is joining several other cities, including New York and Seattle, in limiting bars and restaurants to take-out and delivery orders only. The shutdown in Los Angeles, which includes gyms and all entertainment venues, will last through March 31 according to Mayor Eric Garcetti’s announcement, “unless they are rescinded sooner, or extended further.” New York Mayor Bill DeBlasio has also demanded closure of theaters and concert venues.

To help slow the spread of coronavirus, six Bay Area counties have issued shelter-in-place orders that require people to stay at home and leave only for essential activities. The orders go into effect at 12:01 a.m. on Tuesday, March 17, and cover the counties of Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara, as well as the City of Berkeley. The order will remain in place until April 7.

“We know we need a regional approach,” said Dr. Sara Cody, Santa Clara County’s public health officer, at a joint press conference Monday with representatives from each participating jurisdiction. “We must all do our part to slow the spread of COVID-19 and ensure our essential services remain intact and open.”

Here is a quick guide to what you need to know about sheltering at home:

What is considered an essential activity?

You can leave your residence to do the following things:

  • Buy food, groceries or supplies
  • Obtain medical care
  • Work at a business that’s deemed essential
  • Maintain an essential governmental function
  • Maintain essential infrastructure
  • Care for a family member or pet in another household

Otherwise, just being out and about — whether it’s on foot, bicycle, scooter, motorcycle, automobile or public transit — is prohibited.

Essential infrastructure and governmental functions include:

  • Health care operations
  • Airports, roads, public transit
  • Water, sewer, gas, solid waste collection services
  • Telecommunications, including cellphone and internet services
  • Construction, including to help house people experiencing homelessness

Public transit like BART and bus lines will remain open, but people should only use it if they’re engaging in activities or work deemed essential.

Essential businesses include:

  • Hospitals and health care operations
  • Grocery stores, farmers markets, food banks
  • Restaurants and other facilities that prepare and serve food, but only for delivery or carry out
  • Airlines, taxis and ride-hailing services like Lyft and Uber
  • Gas stations
  • Banks
  • News media
  • Hardware stores
  • Mailing, shipping and delivery services
  • Agriculture and food cultivation
  • Other services including plumbers, electricians, exterminators, laundry and legal services
  • Schools and colleges, although many public school districts have already canceled in-person instruction
  • Child care facilities, under certain conditions
  • Residential facilities and shelters for seniors, adults, and children, hotels, motels
  • Home-based care for seniors, adults or children

A more detailed list is available here.

All other businesses not deemed essential have been instructed to shut down for the next three weeks.

Can I go hiking? What about seeing friends?

  • You can engage in outdoor activities like walking your dog or hiking, but you should maintain 6 feet of distance from all other people.
  • Gatherings of any size outside of homes and residences are prohibited, except if they’re for essential functions.
  • And no dinner parties are allowed either: People from different households or living units should not gather, unless they’re conducting essential business.

A few other things you should know:

  • All non-essential travel during this time should be canceled.
  • The order does not apply to people experiencing homelessness, although they are strongly urged to seek shelter.

Read full article here…

Additional Sources:

https://www.zerohedge.com/geopolitical/wal-mart-stop-shop-cut-hours-oregon-reports-1st-death-covid-19-live-updates

Los Angeles Joins NYC, Illinois, Ohio, etc. in Limiting Bars and Restaurants to Take Out and Delivery Only Over Coronavirus Fears




The Pandemic Is, Not a Virus, But the Fear of a Virus

A conservative Youtube personality who goes by the name ‘Mr. Reagan’ makes good points about how the coronavirus is, after all, merely the flu. He shows how China and the US media have over-hyped its severity and he shows the hypocrisy of leftists for claiming people are ‘racists’ for labeling the coronavirus as Chinese. -GEG