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Showing posts with the label Net Zero

As 'Net-Zero' Comes a Cropper, a New Threat Arises

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  As 'Net-Zero' Comes a Cropper, a New Threat Arises Elizabeth Nickson   If not stopped, on November 17th, the U.S. government will pass a rule that allows for America’s protected lands, including parks and wildlife refuges, to be listed on the N.Y. Stock Exchange.  Natural Asset Companies (NACs)  will be owned, managed, and traded by companies like BlackRock, Vanguard, and even China. Since the early 2000’s, outfits like Goldman Sachs have been trying to trade air, or specifically carbon without much success. Their  2005  carbon exchange staggered along until it was quietly discontinued, and their Climate Exchange-Traded Fund (ETF) is now facing  delisting . "ESG" was the next attempt to monetize the un-monetizable, with the "E" part of that acronym standing for Environment, ill-defined as that was. Now ESG is  failing . Market leaders say it is facing "a perfect storm of negative sentiment" and its U.S. investments fell by $163 billion in the fir

Cowering Before Carbon

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  Cowering Before Carbon America's lands are being stolen ELIZABETH NICKSON Cowering Before 'Carbon' The next "green" horror: exploding carbon-capture pipelines. Right now South Dakota is under attack by a freshly born green corporation,  Summit Carbon Solutions , funded by China’s Belt and Road initiative, and you, through the Green New Deal provisions buried in the last debt ceiling deal, to pipe “carbon,” from the oil fields to some obscure part of the Dakotas and bury it. There can be no more stupid waste of money than this. But even some of our bravest politicians, including Kristi Noem,  Pierre Poilivere  and  Danielle Smith  in Canada cower before the almighty (anti-)carbon lobby and rabbit on about sequestering it. It is an industry into which thieves flood because it means you loot the public purse at the beginning through Green New Deal giveaways, and then for all perpetuity because of the tax advantage. People have been so scarified by the word, they do