by F. William Engdahl
not what you think.
There is no innocent, purist or benevolent agenda behind
Global Warming propaganda.
all about MONEY and CONTROL that is orchestrated and
funded by the same
global elite who
Globalization in the
Readers are cautioned that F. William Engdahl has been
associated with Lyndon LaRouche, known for many false
and misleading stories over the years.
Thus, posting this article here is not a general
endorsement of Engdahl's writings.
Climate. Now who
mega-corporations and mega-billionaires behind the globalization of
the world economy over recent decades, whose pursuit of shareholder
value and cost reduction who have wreaked so much damage to our
environment both in the industrial world and in the under-developed
...are the leading
backers of the "grass roots" decarbonization movement from Sweden to
Germany to the USA and beyond.
Is it pangs of guilty
conscience, or could it be a deeper agenda of the financialization
of the very air we breathe and more?
Whatever one may believe about
the 'dangers' of CO2
and risks of global warming creating a global catastrophe of 1.5 to
2 degree Celsius average temperature rise in the next roughly 12
years, it is worth noting who is promoting the current flood of
propaganda and climate activism.
Several years before
Al Gore and others decided to
use a young Swedish school girl to be the poster child for
climate action urgency, or in the USA the call of
Alexandria Ocasio-Cortez for a
complete reorganization of the economy around a Green New Deal, the
giants of finance began devising schemes for steering hundreds of
billions of future funds to investments in often worthless "climate"
In 2013 after years of careful preparation, a Swedish real estate
Vasakronan, issued the first
corporate "Green Bond."
They were followed by
In November 2013 Elon
Musk's problem-riddled Tesla Energy issued the first solar
Today according to
something called the Climate Bonds Initiative, more than $500
billion in such Green Bonds are outstanding.
The creators of the bond
idea state their aim is to win over a major share of the $45
trillion of assets under management globally which have made nominal
commitment to invest in "climate
Bonnie Prince Charles, future
UK Monarch, along with the Bank of
England and City of London finance have promoted "green financial
instruments," led by Green Bonds, to redirect pension plans
and mutual funds towards green projects.
A key player in the
linking of world financial institutions with the Green Agenda is
outgoing Bank of England head Mark Carney.
In December 2015, the
Bank for International Settlements' Financial Stability Board (FSB),
chaired then by Carney, created the
Task Force on Climate-related Financial
Disclosure, to advise,
and insurance about climate related risks."
That was certainly a
bizarre focus for world central bankers.
the TCFD along with the City of
London Corporation and the UK Government initiated 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 of the financial wire, it includes key people
BlackRock - one
of the world's biggest asset managers with almost $7
Kong bank repeatedly fined for laundering drug and other
Swiss Re, the
world's second largest reinsurance
China's ICBC bank
mining giant BHP
David Blood of Al
Gore's Generation Investment LLC
In effect it seems the
foxes are writing the rules for the new Green Hen House.
Bank of England's Carney was also a key actor in efforts to make the
City of London into the financial center of global Green Finance.
The outgoing UK
Chancellor of the Exchequer, Philip Hammond, in July 2019
released a White Paper, "Green
Finance Strategy - Transforming Finance for a Greener Future."
The paper states,
"One of the most
influential initiatives to emerge is the Financial Stability
Board's private sector Task Force on Climate-related
Financial Disclosures (TCFD), supported by Mark Carney and
chaired by Michael Bloomberg.
This has been
endorsed by institutions representing $118 trillion
of assets globally."
There seems to be a plan
The plan is the
financialization of the entire world economy using fear of an end of
world scenario to reach arbitrary aims such as "net-zero greenhouse
The omnipresent Wall Street bank, Goldman Sachs, which
spawned among others ECB outgoing President Mario Draghi and
Bank of England head Carney, has just unveiled the first global
index of top-ranking environmental stocks, done along with the
London-based CDP, formerly the
Carbon Disclosure Project.
The CDP, notably, is
financed by investors such as,
The new index, called
CDP Environment EW and CDP Eurozone EW, aims to lure
investment funds, state pension systems such as the CalPERS (the
California Public Employees' Retirement System) and CalSTRS (the
California State Teachers' Retirement System) with a combined $600+
billion in assets, to invest in their carefully chosen targets.
Top rated companies in
the index include,
AOC and Co.
At this point events take on a cynical turn as we are confronted
with wildly popular, heavily promoted climate activists such as
Sweden's Greta Thunberg or New York's 29-year-old
Alexandria Ocasio-Cortez and the
Green New Deal.
However sincere these
activists may be, there is a well-oiled financial machine behind
promoting them for gain.
Greta Thunberg is part of a well-connected network tied to the
organization of Al Gore who is being cynically and professionally
marketed and used by such agencies as the UN, the EU Commission and
the financial interests behind the present climate agenda.
As Canadian researcher
and climate activist, Cory Morningstar, documents in an
excellent series of posts, young Greta is working with a well-knit
network that is tied to US climate investor and enormously wealthy
climate profiteer, Al Gore, chairman of Generation Investment
ex-Goldman Sachs official David Blood as noted earlier, is a
member of the BIS-created TCFD.
Greta Thunberg along with
her 17-year-old US climate friend, Jamie Margolin, were both
listed as "special youth advisor and trustee" of the Swedish We
Don't Have Time NGO, founded by its CEO Ingmar Rentzhog.
Rentzhog is a member of
Al Gore's Climate Reality Organization Leaders, and part of
the European Climate Policy Task Force. He was trained in March 2017
by Al Gore in Denver, and again in June 2018, in Berlin.
Al Gore's Climate
Reality Project is a partner of
We Don't Have Time.
Congresswoman Alexandria Ocasio-Cortez (AOC), who made
a huge splash in her first days in the US Congress for unveiling a
"Green New Deal" to completely reorganize the US economy at a cost
of perhaps $100 trillion, is also not without skilled guidance.
AOC has openly admitted
that she ran for Congress at the urging of a group called Justice
She told one interviewer,
"I wouldn't be
running if it wasn't for the support of Justice Democrats and
Brand New Congress.
Umm, in fact it was
it was these organizations, it was JD and it was Brand New
Congress as well, that both, that asked me to run in the first
They're the ones that
called me a year and a half ago…"
Now, as Congresswoman,
AOC's advisers include Justice Democrats co-founder, Zack Exley.
Exley was an Open
Society Fellow and got funds from among others the Open
Society Foundations and Ford Foundation to create a
predecessor to Justice Democrats to recruit select candidates for
Agenda is Economic
The links between the world's largest financial groups, central
banks and global corporations to the current push for a radical
climate strategy to abandon the fossil fuel economy in favor of a
vague, unexplained Green economy, it seems, is less about genuine
concern to make our planet a clean and healthy environment to live.
Rather it is an agenda,
intimately tied to the UN Agenda 2030 for "sustainable" economy, and
to developing literally trillions of dollars in new wealth for the
global banks and financial giants who constitute the real powers
In February 2019 following a speech to the EU Commission in Brussels
by Greta Thunberg, then-EU Commission President Jean-Claude
Juncker, after gallantly kissing Greta's hand, appeared to be
moved to real action.
He told Greta and the
press that the EU should spend hundreds of billions of Euros
combating climate change during the next 10 years. Juncker proposed
that between 2021 to 2027,
"every fourth euro
spent within the EU budget go toward action to mitigate climate
What the sly Juncker did
not say was that the decision had nothing to do with the young
Swedish activist's plea.
It had been made in
conjunction with the World Bank a full year before in September 26,
2018 at the One Planet Summit, along with the World Bank,
Bloomberg Foundations, the World Economic Forum and others.
Juncker had cleverly used
the media attention given the young Swede to promote his climate
On October 17, 2018, days following the EU agreement at the One
Planet Summit, Juncker's EU signed a Memorandum of Understanding
with Breakthrough Energy-Europe in which member corporations
of Breakthrough Energy-Europe will have
preferential access to any funding.
The members of Breakthrough
Alibaba's Jack Ma
HRH Prince Al-waleed
Associates' Ray Dalio
of hedge fund giant, Tiger Management
founder Carlyle Group
Chairman Soros Fund Management LLC
founder Softbank, Japan...
Make no mistake:
When the most
influential multinational corporations, the world's largest
institutional investors including BlackRock and Goldman Sachs,
the UN, the World Bank, the Bank of England and other central
banks of the BIS line up behind the financing of a so-called
green Agenda, call it Green New Deal or what, it is time to look
behind the surface of public climate activist campaigns to the
The picture that emerges
is the attempted financial reorganization of the world economy using
climate, something the sun and its energy have orders of magnitude
more to do with than mankind ever could - to try to convince us
ordinary folk to make untold sacrifice to "save our planet."
Back in 2010 the head of Working Group 3 of the UN
Intergovernmental Panel on Climate Change, 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.
Policy Is Redistributing The World's Wealth"
This has almost
nothing to do with environmental policy anymore, with problems
such as deforestation or the ozone hole."
Since then the economic
policy strategy has become far more developed...