Carbon Markets Oh joy, in this video we are privileged with listening to the rantings of Bill Gates who just doesn't understand why people don't like or trust him. But this is a pretty serious issue that he plans to impose upon us. A carbon market is a market in which carbon emission allowances are traded and aims to encourage companies and countries to limit their emissions of CO2. While touting it is to help the environment it is actually another created financial market system for profits. These markets aim to "reduce greenhouse gas (GHG, or “carbon”) emissions cost-effectively by setting limits on emissions and enabling the trading of emission units...". Those who emit more carbon pay more, or so the theory goes. A voluntary task force, launched in the fall of 2020, was created for scaling voluntary carbon markets and its recommendations are discussed. It was tasked with answering the questions, how can we build well functioning, voluntary carbon markets that can support net zero and carbon negative climate goals. Starting the discussion was the role of offsets, which is basically changing one's behavior to reduce its carbon footprint, whether a business or person. Another quisling spoke on this issue, Annette L. Nazareth, a former U. S. Securities and Exchange Commissioner, appointed by President GW Bush. She reports there are already carbon markets that have made "strides" in their work. Six topics for action includes twenty recommendations that will enhance the market for carbon credit use. One of the principles identified by the task force is "core carbon principles, or CCP, which is nothing more than creation of a set of standards, as if an inanimate object possesses the ability for a principle. Don't get this confused with the China CCP. Governance is another "critical" principle, an oversight body, embedding transparency, ensuring results while respecting "community and land rights", yeah right to that statement. Legitimacy is another principle for offsetting and driving demand. What would be better than getting a banker in on the discussion to get this market "properly scaled up", meaning building the market more. Businesses must commit to net zero emissions. Gates is up next. He explains companies committed to this scam will "stay away from investments that are generating carbon". "The next step will be getting people to monetize those things". This activity automatically "generates an increase in price." That's right Bill, this market scam is going to fall heavily on the consumer paying the price for it. He didn't mention that he believes a carbon tax is needed for zero carbon emissions by 2050 The quisling again mentioned "reference contracts" which is a "standardised “liquid” contract, available for both spot and futures." Another recommendation, the "Taskforce considers it is important to establish an active secondary market and create access to participants who have not traditionally been present in financial markets." Yes, create another market for expanding profits. According to the banker transferring the wealth from developed countries to developing countries economies will be part of the implementation and advancement of these markets. Of course Mr. banker, everyone can see what is being done. Inclusive interactions which he speaks to will not include those whose lives will be the most severely impacted by what these globalists are doing. A surprising revelation was non-governmental organizations (NGO) refusing the use of offsets to get to net zero. The UN panel member took a stab at answering this, but really didn't, other than to say this market they are creating will be solid in its integrity and legitimacy. What does that have to do with reducing a carbon footprint and changing behavior? Being fair and inclusive, what are the NGO issues with offsetting? This ScienceDirect article outlines six barriers: (1) deficiencies of carbon markets, (2) limited economic benefits, (3) uncertain climate effectiveness, (4) negative public opinion, (5) limited and uncertain property rights, and (6) governance issues. Apparently, there are also concerns about human rights. No wonder the UN panel member avoided honesty about this. That shows the boasting of transparency does not exist, there is no transparency in any of this. Mr. banker explained that things are different now because people, including NGOs, are "watching". "Lot's of eyes on the process" helps prevent "cheating" with "complete transparency." Ok, Mr. banker, whatever you say. There is always someone who can figure out how to cheat a system, just look in your own backyard with your fellow panel members to get a hint. Gates added his two cents worth that costs will eventually go down once everyone is forced to use green products such as green cement. In other words, those type of products will be the only ones available to use. Always focused on money, Mr. banker reports three trillion dollars is needed per year in developing economies, meaning countries, to get them "on track to meet the commitments for net zero." This means "cross border" transfers of funds. Pre-pandemic there is a history of this being done that were "botched" without identifying what happened. Fifty trillion dollars over the next ten years will need to be "deployed" to meet the sustainable development goals. This cannot possibly mean anything less than every human will need to be put into an equal poverty status, no wealth can be achieved with all that money being shared for some obscure, ideological goal. This money will be available from risk return markets and "governments". Where does governments get money, from citizens. References to nature based solutions were made several times, basically putting money into land resources. As seen, money is being directed to non-human issues. So ends this discussion. Behind the scenes this is what the WEF and global corporations are plotting, building a new financial market that will benefit them but leave people in the dust, forcing them into a new type of economy in which they will have no choice but to participate. Imploding the current free market economy is of no consequence to them, focusing only on what profits they can gain from this new green economy they are creating. At some point in time they will engage in fights with each other for more power and money and engage in fights with each other. How much time that will take is unknown but this economy they are creating, like all previous attempts to put a new system in place has failed, will fail.
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