We could all see this coming. The Ukraine-Russia conflict creates the opportunity for the Build Back Better initiatives to get triggered. None of this is happening organically. All of this is opportunism based on a series of dominos purposefully triggered. Three government solutions to rising oil prices surface simultaneously in an effort to exploit the crisis they created.
Keep in mind, this economic roadmap was strategically outlined in the World Economic Forum “Build Back Better” initiative, and that was built upon the economic ‘climate change‘ opportunity that COVID-19 created. The U.S. version of BBB was called the Green New Deal.
First, Biden proposes to trigger a useful “Climate Change Emergency” (LINK). Second, the International Energy Agency proposes a “Ten Point Plan” to change energy use in the modern society (LINK). Third, comes AOC and Bernie Sanders with the “Executive Action Agenda” (LINK).
All of this is the fundamental change represented by western government in the agenda of ‘building back better’.
(IEA) In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine, practical actions by governments and citizens in advanced economies and beyond can achieve significant reductions in oil demand in a matter of months, reducing the risk of a major supply crunch, according to new analysis released by the International Energy Agency today.
These efforts would reduce the price pain being felt by consumers around the world, lessen the economic damage, shrink Russia’s hydrocarbon revenues, and help move oil demand towards a more sustainable pathway.
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