The European Union is hopping mad that Joe Biden was able to pass the “Green New Deal” (aka Inflation Reduction Act) and generate hundreds of billions in government subsidies for climate friendly initiatives. Essentially, this is an economic war over who can do socialism better.
Fearing the EU may lose their green position, the European Union is now promising to fight back by spending even more, bigger, sums of taxpayer funds to subsidize their green ‘climate change’ energy economy.
If Biden plans to transfer hundreds of billions to corporations as structural enhancements for permanent energy changes, the EU will meet or beat that subsidy scheme. So sayeth, EU Commission President Ursula von der Leyen.
(Via Reuters) – The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to make life easier for green industry, saying it would mobilize state aid and a sovereignty fund to keep firms from moving to the United States.
European Commission head Ursula von der Leyen told the World Economic Forum (WEF) annual meeting in Davos that the moves would be part of the EU’s Green Deal industrial plan to make Europe a centre for clean technology and innovation.
“The aim will be to focus investment on strategic projects along the entire supply chain. We will especially look at how to simplify and fast-track permitting for new clean tech production sites,” she said in a speech at the meeting.
“To keep European industry attractive, there is a need to be competitive with the offers and incentives that are currently available outside the EU,” von der Leyen added.
Earlier, International Energy Agency (IEA) executive director Fatih Birol told a WEF panel that energy security was now the biggest driver of climate investment.
Birol said the U.S. Inflation Reduction Act (IRA), which was signed by President Joe Biden last year, would drive investment into cleaner energy and represented the most important climate deal since the landmark 2015 Paris Agreement.
This view was echoed by Larry Fink, chief executive of the world’s biggest asset manager BlackRock, who told an event on the sidelines of the WEF meeting that moves by the U.S. government to finance a faster shift in the world’s biggest economy, through the IRA was a “game changer”. (read more)
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Carbon trading…. digital currencies… taxation on carbon footprints…. limits on what will be permitted for purchasing…. It’s all coming together swimmingly.
Wow. Talk about your race to the bottom.
In the hand basket we go…
As long as it’s electric…
It’ll more than likely run on fairy dust.
…and diverse…
…and strip-mined by child slaves…
Look at your natural gas bill this month. I live in So. Calif(temp at night is in the high 40’s) and my gas rates have gone up 130% from when Trump left office in Jan. 2021 to Jan. 2023 under “Car-a-Lago” Joe ($1.37/therm vs $3.15/therm).
The very definition of madness.
“Earlier, International Energy Agency (IEA) executive director Fatih Birol told a WEF panel that energy security was now the biggest driver of climate investment.”
In other words, “We’ll pay $1000 a month to guarantee that we earn $100 a month”, or so it is with so many of the “earn money working from home” ripoffs.
“Public-Private Partnerships” indeed!
The Cantillon effect figures prominently in this. Guess who gets first dibs on all that new money?
https://mises.org/wire/cantillon-effects-why-inflation-helps-some-and-hurts-others
Public-Private Partnership = Fascism
I still think the PRIVATE part of the “partnership” will end up getting screwed; THEY are being CONNED, by the newest version of the age old con of CONnunism.
The wealthy industualists ALWAYS fall for it, and end up riding the Tiger, and hoping they won’t fall off, when it gets hungry.
Meanwhile, the Tiger knows its not transportation, its just packing a lunch.
`No wonder Putin wants to negotiate and cut his loses with Ukraine! All he and China have to do is sit back and watch the West spend ourselves into oblivion then divvy up the pieces including all our fossil fuel reserves. I said sometime back that China would reap the benefits of Anwar and our other energy deposits.
Maybe I just found the benefit of being almost 80 years old!
Except……Russia isn’t losing the war. Russia is
waiting for Zelensky to either be eliminated by his people or surrender.
One of his major supporters/propagandist stepped out of line over the weekend…told some truth during an interview and was forced to resign. His General Zalhusky isn’t pleased about not being able to retreat from the meat grinder/cauldron. It’s interesting…..
Russia doesn’t need our oil or gas. They are one of the OPEC + and BRICS, etc. I believe that they just found new oil deposit in the Artic. China just made statement today about the 80% of Syria oil we have been stealing.
It is the West who is trying to break up Russia and China. Especially Russia which is rich in natural resources. NATO and US have been trying for decades to get hold of Russia.
Davos gives more fodder to use to turn more countries against the West and join BRICS +. We are viewed as Sodom and Gomorrah.
Davos IS Sodom and Gomorrah! May they perish accordingly!
Russia couldn’t care less about ‘our’ fossil fuel reserves.
NP’s Rex Murphy on the WEF’s Green Druids at Davos
“…Up to 5,000 troops have been seconded to guard the illustrious hive of busybody billionaires (roughly two soldiers for every one pretentious plutocrat). Barbed wire around the town, snipers on rooftops, huge armoured vehicles, wickedly-armed and black-helmeted SWAT-type police outside the best hotels and upscale restaurants… fighter jets overhead, 24 -hour air police.”
“Re-ordering the world and reaching down to the peasants, even in famously neutral Switzerland, must be a very dangerous occupation, or, I suppose, all the high-brows and vastly deep pockets gathered there have such a deep appreciation of their own importance that they — more or less — feel they must travel with their own armed forces.”
“Davos and the WEF really is just a very upper-class version of the equally squalid monster conference of the IPCC, the annual COP convention of green druids, who, like their Davos counterparts gather, to plot a new-world-order, and from great vast altitudes of righteousness and moral egotism come down from the mountain tops with their iPad tablets inscribed with a prescription for all the rest (the sane part) of the world…”
https://nationalpost.com/opinion/the-green-druids-gather-in-davos-for-the-world-economic-forum
Exactly zero of those eyewash “security” illusions would make one bit of difference if Putin would step up to the plate, do the world a big favor and nuke that Davos cesspool full of turds
Why would Russia interrupt the west destroying itself?
Where is James Bond when you really need him? The WEF is nothing more than a glorified version of SMERSH.
You took the words out of my mouth!
Not Smersh. Try SPECTRE.
Special People Exuding Contempt Trying to Reset the Earth.
Reset is coming, alright–but not theirs.
More like SPHINCTER.
🤗
You’re right. Its been over 50 years since I read the books! Appreciate the catch!!!
Seems paranoid or maybe its just the reaction to fear.
Wheresa good AVALANCHE, when you need one?
“… fighter jets overhead, 24 -hour air police.”
Living dangerously. All that firepower overhead. Would it only take one Broken Arrow to wipe out the whole lot of them?
Sounds like California; I’m going to start raising rabbits since I cannot own chickens or livestock.
At least I know they won’t be vaxxed. Need to work on my bartering skills. 🙂
The great advantage of rabbits is that they’re quiet.
If you want to keep them, it might pay to follow suit.
Demonization and criminalization of home food production was one of Zero’s first priorities in term one.
Now they have people prepared to Anne Frank us with fears of cross species infectious diseases.
You will love rabbit; they taste just like chicken.
I ate plenty of rabbit (domestic and wild) over my lifetime and it does taste like chicken.
My Mom was French; she had a talent taking venison and making just like a piece of beef and rabbit just like she was cooking one of her ole hens. It was delightful!
And, you get fur pelts, instead of feathers!
Rabbits are a great idea. They reproduce rapidly! You won’t run out of food.
I have raised them.
Their manure is a good garden fertilizer.
And they conduct orchestras!
“Carbon trading…. digital currencies… taxation on carbon footprints…. limits on what will be permitted for purchasing…. It’s all coming together swimmingly”
Quick and dirty, before the people they serve catch on.
Mo money, mo money!
Sheila? not sure her name, black Congressman been in for 30 year, just authored a bill for reparations 😆
Following CA lead.
Trillions more debt ahead.
Just wait till those who get “reparations” have to spend a wheel barrow full of those finds just to buy something to eat. They aren’t going to like that. Money isn’t worth much if it buys nothing.
Funnily enough Stephanie the ex banker in charge of the Protestant Church in England, its Arch Bishop, just found £50 million down the back of the sofa to make “reperations” for that churchs involvement in slavery.
Noit the modern day version which is rife in Britain and around the world, but the historic type which t Wilberforce a real patriot, helped abolish.
That person you mentioned also wants to wipe out any plastic debt owed.
Sorry it only applies to Californicans of a dark hue, and why only $5 million each?
Ohh great points!
Yes, pay off all debt ’cause consequences and taking responsibility for one’s actions, and having debt is so very racist don’t ‘cha know. 😖
So … when does the Revolution and head chopping begin? I won’t miss a single televised guillotine session
I wish this looked like a Saturday Night Live skit.
This is more like an Alfred Hitchcock movie.
Or Twilight Zone:
“Don’t go…. To Serve Man, it’s A COOK BOOK!”
To repeat a former comment of mine, “Where is the GOP “Climate Change Committee?” It will create a firestorm but if there is no significant push back against the Green transformation, then that is how the West will fall–or at least concepts like personal and national freedom, independence, democratic control and so on will become obsolete.
The arbitrary and punitive policies, that these charlatans will impose on the “common people” in the bogus name of a climate emergency, will dominate all aspects of our lives unless you are one of the privileged few like Kerry, Trudeau, Biden, Gates, Obama and so on.
Exactly! This JUNK SCIENCE is spiraling completely out of control … and will kill even more people than the JUNK SCIENCE of COVID. Time to STOP it now!!
A republic won’t stop anything. Any true authority has been handed to opportunists we supposedly elected and they have their own ideas. Covid Climate is their way of strangling us out of our resources and freedoms. This can only end violently. Just sayin’.
The problems with the privileged is if a company doesn’t make money they will stop spending. Money. If consumers can only purchase three clothes items per year, what makes you think business that can’t sell large quantities of articles of clothings and other goods will continue to produce them? Another said corporation will spend $1000 to make $100. For how long? The elites cannot survive without someone producing their daily needs. Anything they propose to do will affect them also. Maybe one day these idiots will figure it out, but I’m not holding my breath.
As we see with cars, as the units sold diminished, the profit per unit must rise to cover the administrative overhead of the firm. So fewer items purchased must cost more.
Be of good cheer. The West is committing suicide, but the South will have no part of this. In less than 2 years, BRICS+ will be in the driver’s seat, thanks to the petroyuan. The only thing that keeps America afloat is the dollar’s standing as the world’s reserve currency, which will be finished before the year is out. Saudi Arabia has publicly decoupled, and that was the coup de grace for the American empire.
What do you think is going to happen to a nation with a declared public debt of 31 trillion dollars when all of those no longer wanted greenbacks come back to its shores?
And you think China is in better financial shape? That’s a bet I wouldn’t take.
Europe is doomed. According to info from this summary, their “central bank digital currency” is set for implementation in Q3 of this year, the tech has already been created:
The U.S. apparently is nowhere near as far along, fortunately. I speculate the pesky 2nd amendment is the main thing slowing down the march to CBDC here, adds an element of severe risk for the Fabians.
What can people do about it?
First country to destroy their economy is the…….winner?
First country to destroy their economy is
the…….winner?the first in line to receive economic subsidies from all the other countries.This is just how they steal from the people and fill the pockets of the globalists POS.
The EU is no different then NATO or any other fraudulent organization
Transferring your wealth to the WEF disciples … and they tell you Plantation slavery was bad.
Welcome to the democratic “West.” It all ends the same, west, east, north or south. Man cannot escape himself nor his greed.
She looks like something straight out of SNL casting!!
Notice how not ONE of these,….people has any charisma, or gravitas?
Not ONE is a LEADER, in the classic sense.
All glib, shallow self-absorbed, and it SHOWS.
True. GREAT point. And to be honest, they have no brains, either. None.
The masses seem to think they really are brilliant people. And yet – it’s quite the opposite. Dumb as dirt.
The WEF crowd ALL have one thing, and only one thing, going for them. They are evil. Truly evil. It’s very easy to be evil; very hard to be a good, decent, strong person.
Even down here in PeonVille, too many take the easy way out. No brains, no effort needed.
She was a gynecologist..
what did you expect of Ursula Von der Lying …./s
A known joke.
Look up her credentials/
information about her.
It’s interesting 🤪
Noooo, what she is saying is she is willing to spend our money. We indirectly subsidize all that sh*t. F her in the horse face. They want to whine and cry Russia is going to eat them and instead of building actual militaries, what Trump told them to do, they’ll spend money making green bullshit while we get bled dry.
I’m past the point of caring if most of these people get a $0.30 solution.
WEF has no charismatic leader. All villainess protégés
EU Commission President Ursula von der Leyen: The deplorables of the USA has your back!
We are all on board with the EU beating the white house occupant’s cabal’s plan to build back better.
We salute you and your efforts!
You win!
USA loses!
BBB loses!
FJB! FKH! FDS!
Mexico should be smart and grab the businesses.
Businesses would be smart to seriously consider Mexico.
Not as many restrictions/regulations, plenty of cheap labor, low energy costs….
Plus if you tick off US or EU they will take your assets.
Probably one of the reasons Biden and Trudeau was in Mexico recently…to try and put the clamps on Mexico.
Trudeau and Slo Joe are trying to get AMLO to adopt the unicorn farts and fairy dust energy sources the rest of the west now relies on for their economies…….Mexico is so far resisting the effort and looking to join BRICS+ as a possible counter-strategy
The “Green” movement has always been about the $$$$(green) at the government & industrial levels. Sure, there are true believers in the base and a few higher up, but they’re useful idiots for those profiting from the green movement.
Communists always profit from their schemes.
In that respect it is no different than Afghanistan, Ukraine, Iraq, and the federal war on drugs.
It will be fascinating to see where this all ends, and the carnage that will ensue.
Our species has always survived.
Thrived really. What are we now 7 to 8 billion worldwide.
My Great Grandfather whom I knew as a young boy died just sixty years ago in a small fishing town on the East Coast of Scotland.
He has numerous great great grandchildren in various parts of the globe.
The majority of whom are doing quite well, and the ones I know are of a DNA that doesn’t give a F***
My guess is there are tens of millions of folks with similar DNAs scattered around just like them.
They ain’t no shrinking violets.
Get out of debt ( if one has any) hunker down and take on a siege mentality, but with humour.
These asshats are smug, entitled, arrogant and getting complacent.
They are pampered, soft and no match for hardened CTH enthusiasts.
“ Stay the Course “
Cheers to all.
Those who CAN, will survive. Those who can’t, won’t.
Think Kerry, or ANY of the WEF’ers, know how to hunt, fish, grow or cook their own food?
They pay others, to do those things that they feel are beneath them.
Boy, are they in for a rude awakening, just like Marie Antoinette, and all the aristocrats, ,….
And the massive security, shows that on SOME level, they realise just how vulnerable they are.
Agreed.
The majority of them are likely malignant narcissists.
Who we know are among the most insecure humans on the planet.
Cheers!
Burn baby burn!
Burn the EU building to the ground!
Econ 101: You get more of what you subsidize like failing industries, failing people, Democrats…
If anyone wonders whether there is indeed a sucker born every day, I give you … drum roll … the European Union. American corporations, in the case of the MIC already reaping unfathomable profits by selling obsolete weapons systems to NATO, are now poised to buy Europe’s assets at pennies on the dollar. And all without a shot being fired. Napoleon should be turning over in his grave.
Many state legislators, ESPECIALLY Republicans, are voting FOR an ART V Convention—which is when we will have a NAU—North American Union. These fools are dispicable! I write to them about once a week. Democrats are not voting FOR a convention as much as republicans. How they figure changing the Constitution will make fed. Congress follow the Constitution when they don’t follow the one we have now and need to KEEP—is a question never answered. So looks like we will be another EU.
You are so right. Fighting that is the most important issue we face as Americans. In my state, I was pleased to hear that the previous application was withdrawn.
And don’t forget, Mark Levin and others were calling for a con-con during the pre-Trump era. There are many “friends” out there that are not trustworthy. We have to assume that supporters of the convention are smart enough to know that it is a Trojan Horse and should be considered traitors, as in treason!
Hurtling toward peak stupidity.
Yeah.
This is bad.
Cloaking communism with environmentalism
is a loser plan.
Im about ready to fire up ALL my fossil fueled things.
Just cuz I can.
With about 50% of attendees of WEF canceling today—these prospects are dimming!
When western fiat currencies lose favor (and citizens find alternatives to their governments issued currency/credit) the controls will be in the energy you use and it’s form.
How do I know this?
It’s only the western world limiting your sources of energy.
So how many of your neighbors do you think will comply with this nonsense? I have a very good idea about mine. Unfortunately, we are doomed by the communities we live in.
Soylent Green
We had a speaker on Climate change—the hoax last evening.
He was a local TV weatherman for years and also head of the Hurricane Center in Florida in the 60s-70s. He is 91 and sharp as a tack.
He told the group the planet has had 4 warming cycles and we are in the coolest warming cycle of the 4.
He also informed the group that CO2 comprises 0.04% of atmospheric gases. CO2 is essential for plant growth. He tied all of this in with graphs/charts/and the real agenda which is Marxism and control by the elite.
Spending more money to promote death and dying. Wow.
“Essentially, this is an economic war over who can do socialism better.”
In the case of anything related to the fake climate emergency, it’s actually a case of who can do idiocy better.
So now we’re in a cold war with Europe? At least in the original cold war, American companies reaped the profit. Now China will be raking it in.
3 new clothes items per year? So pants, shirt, and a four year alternate between socks, underwear, coat, and shoes. (Does a pack of socks or underwear count as 1 item or several.) (Bras, hats, and undershirts to be tossed as a waste.)
Just print more money and presto the government solves another problem they created and will never fix no matter how much money they print.
Ammunition expended 2030……….One trillion rounds…..
A looter’s race.
Anyone who’s following real science should refrain from using the left’s terminology. At least put phrases such as “climate friendly” in quotes, because all these so-called “green” initiatives are useless for affecting the climate and generally detrimental to the environment as well as taxpayers’ wallets.
The one thing foreign government entities do that the US Government has lost the will to do, is attempt to protect their domestic ability to design and make stuff. It is the one consistent fact of reality that has been true since the industrial revolution and reason there has been and never will be “FREE TRADE”.
Read Sundance’s article closely, espcially the words of EU Representatives about sustaining the domestic ability to produce stuff that is COMPETITIVE foreign nations’ capabilities.
The EU still has not fullfilled a single one of its financial promises for Military and Economic Alliances they hold with the US, within the G7. The US always pony’s up more than their share and more is demanded, except for the 2016-2020.
The same will happen with BBB, the REST, Green new Deals, Paris Accords … et al. The EU and other members of Team G7 will continue to promise and never deliver while the US shells out resources so the ruling class get to keep their power … the US Elites DO NOT FEAR US, yet.
Lost the Will to live! Why the politicians? Why now? What’s their incentive?
I wonder if Alan Dangour will ever be invited back to the Davos meetings???
I read in the Daily Caller that Alan Dangour, the 1st Climate director of the Wellcome Trust spoke at Davos about the dangers and health risks of cobalt mining.
The bipartisan bill.
Every person that vote yes should be monitored on an hourly basis with their communication with each other goals to gain their smiles.
2 hobos walking into a street fight with about a nickel between them, getting snotty with 2 equipped, fit, trained fighting men. Place your bets gentlemen!
Louie Armstrong …………………“And I think to myself, what a wonderful WEF it is.”
People in England are really into their climate change and environmental stuff. Really, they deserve anything they get. They are so into recycling; if they get a package with not enough packaging they complain but if they get a package with too much packaging they doubly complain (the environment you know). Honestly, more idiots live in that little country than the entire USA.
And there are none in Washington D.C. 😉
The longer this nonsense goes on, the closer we will get to “Hunger Games” existence. The more they spend, the faster we will all go broke, the less we will have. I pity the fools.
“Majoring in minors”.
“Off the rails”
“Definition of insanity is doing the same thing over and over and hoping for a different result”
You choose.
But it is not looking out for your citizens.
This is why I hate republics. You “elect reps” and they take that as carte blanch to wreck havoc with the nation and the world. And once they’re in you can’t get them out. You can have it.
If they couldn’t control their currency/credit situation what makes anyone believe they can control energy?
We need more energy sources like we need more currency sources.
It’s the only way to keep them honest and out of our lives.
639 Billion on energy and climate efforts.
That’s a lot of money for effort.
Then what?