More dodgy green schemes on the way

Get your Green Bonds before the climate bubble bursts!

In a groundbreaking resolution, the 2015 Paris Agreement under the United Nations Framework Convention on Climate Change laid out three key goals to combat climate change. While the spotlight was on limiting global warming to less than two degrees Celsius, the little-reported third commitment was “making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development”.

This commitment explicitly recognizes the scale of finance, from both public and private sectors, required for climate solutions while putting the onus on all countries, not just developed nations, to shift finance to more environmentally-friendly sectors, giving a major boost to green finance.

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13 Responses to More dodgy green schemes on the way

  1. Gbees

    As we know global warming dogma has never been about changing the temperature. It’s all about redistribution of wealth from developed to developing countries and building up the coffers of the UN unelected. It’s full blown global socialism and our politicians are sleep walking right into the trap. Mind you Labor and the Greens know what it’s about and are doing walking with eyes wide open.

  2. Bruce of Newcastle

    There’s a sucker born every minute.

  3. Tim Neilson

    Don’t worry, Australia’s tax revenue, government borrowing capacity and superannuation savings will be redirected to plug the gap in funding of planet-saving essentials (such as directors’ fees for industry super funds).

  4. stackja

    Hon Bill Shorten MP

    Director, Australian Super (formerly Superannuation Trust Australia) 1998-2007
    National Secretary, Australian Workers’ Union 2001-07
    Director, Victorian Funds Management Corporation 2005-07

  5. This partly explains the madness of those who should otherwise be quite sane.
    The IMF and World Bank WILL NOT finance anything in your country unless you are 100% into the AGW scam.
    Private equity firms will also shun you.
    People like that French biatch Christine Lagarde are at the forefront enriching themselves.

    Has anything decent come out of France in the last 200 years?

  6. mem

    My quote of the week. Angela Mcdonald-Smith AFR. When describing the role of AEMO and changes to our grid, “trying to turn our national grid into a weather-changing-machine”. And doesn’t this hit the nail on the head. Well done Angela!

  7. Nob

    The IMF and World Bank WILL NOT finance anything in your country unless you are 100% into the AGW scam.

    But China will.

  8. Herodotus

    Many light poles make hands work.

  9. mem

    The IPCC third commitment came shortly after DJT elected and IPCC which had planned on big bucks from Hillary had to rejig its priorities to fill the gap in its funding model ie how many UN pigs can feed at same trough whilst exerting pressure (and dollars) on useful idiot weather bureaus, environment media and renewable zealots etc. Hence more shrill climate reports and need for $s to plug the gap.

  10. Bruce

    A few timely “lines”:

    Giving money and power to government is like giving whiskey and car keys to teenage boys. – P J O’rourke

    Everyone wants to live at the expense of the State. They forget that the State lives at the expense of everyone. – Frederic Bastiat

    A government, which robs Peter to pay Paul, can always count on the support of Paul. – George Bernard Shaw

    There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him. – Robert Heinlein

    Timid men prefer the calm of despotism to the tempestuous sea of Liberty. – Thomas Jefferson

    The urge to save humanity is almost always a false front for the urge to rule. – H. L. Mencken

    Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good, will torment us without end for they do so with the approval of their own conscience. – C. S. Lewis

    “We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” – Winston Churchill

  11. Tombell

    With respect use of the word “dodgy “ in the title was a tautology.

  12. Kneel

    “Hon Bill Shorten MP”

    “Honourable” is doubtful.
    “Member” is unsurprisingly appropriate.

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