Funding the Climate-Industrial Complex

canadafreepress.com | 1/10/2019 | Tom Tamarkin
abbycraig (Posted by) Level 3
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Supposedly “green” or “renewable” energy has become a trillion-dollar-plus annual industry that has spawned tens of thousands of new businesses worldwide. The total Climate-Industrial Complex is a $2-trillion-per-year business. Major fossil fuel companies like Shell Energy now have green energy divisions.

These companies are virtually 100% dependent on the politically driven notion of “dangerous manmade global warming and climate change.” The media, public and political establishment constantly recite the assertion that 97% of scientists say the problem is real and manmade carbon dioxide (CO2) is the cause.

Concentrations - CO2 - Atmosphere - Warming - Climate

However, increased concentrations of CO2 in the atmosphere do not lead to global warming and climate change. Carbon dioxide is a trace gas in the atmosphere. The major “greenhouse gas” is water vapor. An intricate feedback system regulates the Earth’s temperature, maintaining immunity from temperature increases and decreases due to such trace gases.

Furthermore, the false notion of CO2-driven climate change is responsible for the potential massive redistribution of wealth from now-wealthy industrialized nations to poor countries. This has led to the corrupt worldwide business of carbon tax credit trading and more money to fund wind, solar and biofuel energy. Green industries should not predicate their business models on false claims about climate change.

Businesses - R - D - Budgets - Fact

They should base their businesses and R&D budgets on the fact that fossil fuels will become less economically viable over the coming decades as easily recovered reserves are depleted. Renewables such as solar and wind cannot provide material amounts of energy required worldwide—and require vast amounts of metals and other materials that are themselves not renewable or sustainable.

Utilities and energy companies must be free to use petroleum, coal, natural gas and biofuels at market-demand costs and must increase nuclear energy production. New sources of high energy density power generation must be created.

Today - Energy - Renewables - Sector - Power

Today the “green energy” or “renewables” sector of the power generation industry...
(Excerpt) Read more at: canadafreepress.com
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