Charles Hugh-Smith
Of Two Minds
You want to reduce CO2? Then trigger a global depression that reduces global consumption of everything by 50% and destroys 95% of the phantom wealth owned by the global elites trying to monetize the air.
I recently asked What’s Left to Monetize?, and longtime correspondent Mark G. provided the answer: the air we breathe, via carbon taxes and markets for trading carbon credits, i.e. financializing / monetizing Nature to benefit the few at the expense pf the many.
See also: Dark Green series
Of Two Minds
You want to reduce CO2? Then trigger a global depression that reduces global consumption of everything by 50% and destroys 95% of the phantom wealth owned by the global elites trying to monetize the air.
I recently asked What’s Left to Monetize?, and longtime correspondent Mark G. provided the answer: the air we breathe, via carbon taxes and markets for trading carbon credits, i.e. financializing / monetizing Nature to benefit the few at the expense pf the many.
Here’s Mark’s commentary:
You asked, "What’s left to monetize? It appears the answer is 'very little.'"Read more
I respectfully disagree. The Biggest Enchilada of all is left. Air. Specifically carbon dioxide, CO2. We just have to figure how to get the yokels to agree to pay for that which was formerly free. Got it! First we browbeat them into believing its evil and that we have to tax it to save all life on Earth. Then, following in the finest traditions of the degenerate late medieval Catholic Church, we’ll commission sellers of "Indulgences" to allow sinning at ever rising prices. a/k/a "Carbon Credit trading". This doesn’t require any value added and the profits on "buy zero sell high" are limitless.
This is the specific outline and the very same agencies that so love financialization of all kinds, $2 trillion dollar student debt to sustain obscenely paid college administrators and academics, endless academic credentialism and huge Hipster Cities sitting on container ports and mediating the China Trade, are all promoting this financialization of CO2 as hard as possible.
This is why a nullity like the Paris Climate Accords continues to be pushed even after its proven every way possible that a) the biggest emitters like China and India won’t adhere to them and b) even if they did the prescribed regimes will do nothing anyway.
And its why I "don’t believe" in it. Or rather, its why I believe its just the next and biggest financial scam.
See also: Dark Green series
No comments:
Post a Comment