Controlled Opposition “Conservatives” Prop Up Climate, Banking Cartels

So-called “fiscal conservatives” will talk about the problem of debt, but never the predatory banking system that causes it. Similarly, they will pretend to oppose Carbon taxes, but not address where this money ends up. They don’t want supporters grasping what really happens.

Politicians want people focused on the symptoms (debt, carbon taxes), and not on the diseases (banking and climate cartels). See the bigger picture.

1. Debunking The Climate Change Scam

The entire climate change industry, (and yes, it is an industry) is a hoax perpetrated by the people in power. See the other articles on the scam, the propaganda machine in action, and some of the court documents in Canada. It’s a much bigger picture than what is presented by the mainstream media, or even the alternative media.

But as we will see, so called “conservatives” do nothing to halt this scheme, and act as gatekeepers.

2. Alliance Between Climate, Banking Cartels

This may seem odd, but the banking cartel works with the climate cartel. They share a goal, which is to bleed wealth out of nations, and to the detriment of the citizens. Whether it is cloaked as “fiscal policy”, or as “stopping climate change”, the result is much the same. In fact, pushing climate bonds, the green agenda, green bonds, or heritage sites, seem to be a way to advance their agendas.

3. Climate Bonds A Growth Industry

Climate bonds are a growth industry, expected to top $100 trillion in value over the next several years. Granted, this does nothing to elimiate climate change, or make the air cleaner, but why should that be an excuse not to pay your taxes.

Incidently, the climate bonds are pushed by: Rockefeller Foundation, European Climate Foundation, and Climate Works Foundation (among others).

4. Central Banks Support Climate Hoax

The Bank for International Settlements fully supports the climate change industry. See here and here. They claim stopping climate change is essential to financial stability, but offer no specifics on how this is, or on how these bonds help. Check out the BIS site for more.

5. Carbon Taxes Finance Int’l Debt Swaps

UN.new.development.financing.2012.178pages

The UN laid out years ago where a lot of the money would be going. One of the big areas (besides climate bonds), is using various taxation methods making predatory loans to the 3rd World, then forcing them into debt-for-land swaps when they can’t afford to pay it back.

The kicker is that this money Canada (and other countries) give, is that it is borrowed to begin with. Canada borrows money (from private sources), to hand over to the UN, who then lends it out to other nations who can never pay it back.

But all conservatives will complain about is that a Carbon tax is ineffective. They miss the bigger picture.

6. Mark Carney (Ex-BoC), UN Climate Mobster

In the old days, the mafia would burn down your business if you didn’t pay your taxes. Now, people like Mark Carney (former head of Bank of Canada and Bank of England), are threatening to legally wipe out your business if you don’t play along with the climate mob. Interesting that a banker now leads the climate cartel enforcement.

Carney was actually touted as a possible successor to Paul Martin years ago. Now, do conservatives have anything to say about this threat to free enterprise? Nope.

7. Harper, Conservatives Defend Banking Cartel

Although a few parties are willing to talk openly about the International Banking Cartel, most are not. This happens even when politicians know about the scam, but choose to remain quiet. From 2011 to 2017, both Liberals and Conservatives fought in Federal Court to keep the usurious system intact.

8. Carbon Tax Court Challenges Are Rigged

This was addressed here and here. Provincial Premiers (and the Federal Conservatives) all claim to be against the Federal Carbon tax. However, a look through their court submissions shows that they don’t have any issue with the climate industry itself. Nor do they rule out their own Provincial taxes. This is all just a dog and pony show. Court documents are here.

9. Garnett Genuis Defends Paris Accord

This is a clip from Rebel News, in 2017. Here, CPC MP Garnett Genuis went on the air and publicly defended voting in a motion to support the Paris Accord. Although Genuis insisted this was the right decision, he couldn’t offer anything but the flimsiest of justifications. He also refused to admit that the vote was whipped.

As for abiding by the Paris Accord without taxes: read the agreement, starting with Article #9.

10. British Columbia Conservative Party

The BC Conservatives claim that greenhouses gases are an issue to be dealt with. They fully support the hoax, although claim to oppose a Carbon tax. There is no mention whatsoever of central banking.

11. United Conservative Party (Alberta)

Jason Kenney, prior to his 2019 election win, claimed to oppose the Federal (yes, the Federal) Carbon tax, but still plays along with the climate change hoax.

[1] Calls to action to save the planet we all share evoke strong emotions. And properly so. The dangers of climate change are undoubted as are the risks flowing from failure to meet the essential challenge. Equally, it is undisputed that greenhouse gas emissions caused by people (GHG emissions) are a cause of climate change. None of these forces have passed judges by. The question the Lieutenant Governor in Council referred to this Court though – is the Greenhouse Gas Pollution Pricing Act, SC 2018, c 12 (Act) unconstitutional in whole or in part – is not a referendum on the phenomenon of climate change. Nor is it about the undisputed need for governments throughout the world to move quickly to reduce GHG emissions, including through changes in societal behaviour. The federal government is not the only government in this country committed to immediate action to meet this compelling need. Without exception, every provincial government is too.

[2] Nor is this Reference about which level of government might be better suited to address climate change or GHG emissions. Or whether a uniform approach is desirable. Or who has the best policies. Or what are the best policies. Or who could do more to reduce GHG emissions in the world. This Court cannot compare causes with causes, means with means, provinces with provinces or nations with nations in the global struggle against climate change. But what it can do is offer our opinion on the constitutionality of the Act under Canada’s federal state.

[3] Greenhouse gases (GHGs) in quantity have been part of our atmosphere since the dawn of mankind. Every human and animal activity is a source of GHGs. GHG emissions have picked up pace since the industrial revolution and the rapid increases in the world’s population. GHG emissions result from virtually every aspect of individuals’ daily lives, work, social and personal, from how many children they have to what they eat and how much they consume; what car they drive and how far they travel for work and pleasure; how large their home is and what temperature they choose to live at; what kind of furnace, appliances and lighting they have; and on and on.

Jason Kenney never told the Alberta public that his government openly took the position that climate change was a threat to humanity. The challenge surprisingly succeeded, although there’s no legal impact to the ruling.

Fighting” the carbon tax apparently also includes introducing one of your own, as Alberta did in late 2019.

12. Conservatives In Saskatchewan

Scott Moe criticizes the Carbon tax. But like most conservatives, he speaks out both sides of his mouth. He fully supports the climate change scam, but only argues on one small point.

[4] The factual record presented to the Court confirms that climate change caused by anthropogenic greenhouse gas [GHG] emissions is one of the great existential issues of our time. The pressing importance of limiting such emissions is accepted by all of the participants in these proceedings.

[5] The Act seeks to ensure there is a minimum national price on GHG emissions in order to encourage their mitigation. Part 1 of the Act imposes a charge on GHG-producing fuels and combustible waste. Part 2 puts in place an output-based performance system for large industrial facilities. Such facilities are obliged to pay compensation if their GHG emissions exceed applicable limits. Significantly, the Act operates as no more than a backstop. It applies only those provinces or areas where the Governor in Council concludes GHG emissions are not priced at an appropriate level.

[6] The sole issue before the Court is whether Parliament has the constitutional authority to enact the Act. The issue is not whether GHG pricing should or should not be adopted or whether the Act is effective or fair. Those are questions to be answered by Parliament and by provincial legislatures, not by courts.

The Saskatchewan Government argued at the Court of Appeals, and still argues at the Supreme Court of Canada, that climate change must be dealt with. Any wonder why they lost?

Oh, and not a single mention of central banking and the endless debt it creates.

13. Conservatives In Manitoba

The Manitoba government will go to court over Ottawa’s imposition of a carbon tax.

Premier Brian Pallister revealed Wednesday his government will launch a legal challenge against the federal government, which imposed its new levy as promised on Manitoba, along with three other provinces, Monday.

“We’re going to court, sadly, to challenge the Ottawa carbon tax because Ottawa cannot impose a carbon tax on a province that has a credible greenhouse gas-reduction plan of its own, and we do,” he told reporters.

Manitoba’s Premier Brian Pallister, who also self-identifies as a “Conservative”, doesn’t challenge the history of valid predictions or climate models. Instead, his position (like the others), is solely that Ottawa doesn’t have the authority to impose a Carbon tax on the Provinces. Hear Pallister’s own words on this. He opposes OTTAWA imposing a Carbon tax, not the principle of a Carbon tax.

14. Conservatives In Ontario

6. Ontario agrees with Canada that climate change is real and that human activities are a major cause. Ontario also acknowledges that climate change is already having a disruptive effect across Canada, and that, left unchecked, its potential impact will be even more severe. Ontario agrees that proactive action to address climate change is required. That is why Ontario has put forward for consultation a made-in-Ontario plan to protect the environment, reduce greenhouse gas emissions, and fight climate change.

11. Ontario released its climate change plan, as part of its overall environment plan, for a 60-day period of public consultation on November 29, 2018. The plan will be finalized following consideration of input from that consultation. Ontario’s plan will tackle climate change in a balanced and responsible way, without placing additional burdens on Ontario families and businesses

12. “[Greenhouse gas] emissions come from virtually all aspects of Ontario’s society and economy.” There are seven primary sectors in Ontario that produce greenhouse gas emissions: transportation; industry; buildings; land use, land use change and forestry; electricity; waste; and agriculture. All but the last (which is an area of concurrent federal/provincial jurisdiction) will be discussed in turn.

13. Canada itself has publicly acknowledged the wide range of activities that can generate greenhouse gas emissions – activities as varied as homes and buildings, transport, industry, forestry, agriculture, waste, and electricity.

In its “challenge“, before the Ontario Court of Appeals, the Ford Government argued that climate change was a danger, in full agreement with Trudeau. They repeat the same thing to the Supreme Court of Canada. These “conservatives” don’t oppose the climate change hoax, nor do they talk about the banking cartel which contributes to their Provincial debt.

What’s the point of these challenges if you don’t oppose the climate change scam? Is it just for show?

15. Conservatives In Quebec

The Quebec government is intervening before the Supreme Court in Saskatchewan’s challenge to the federal carbon tax.

Quebec Premier François Legault said his government is in favour of carbon pricing, but it must be exclusively a provincial responsibility.

“For us, it is important to protect provincial jurisdiction,” he said.

“I have been clear with the premiers of other provinces who are opposed for other reasons to this [federal] encroachment. We want to protect provincial jurisdiction to fight climate change.”

Currently, the federal carbon tax applies only to New Brunswick, Ontario, Manitoba and Saskatchewan. In Alberta the tax would come into effect as of Jan. 1.

Quebec is not affected by the federal government’s decision since it joined a carbon exchange with California several years ago.

The “conservative” Quebec Premier says he will challenge the Federal carbon tax, but only on grounds that it should be the Provinces getting the money instead.

16. Conservatives In New Brunswick

1. The Intervenor, Attorney General of New Brunswick (“New Brunswick”) agrees with the factum of the Attorney General of Ontario (“Ontario”) regarding the nature of this reference and agrees with Ontario’s conclusions in every respect. New Brunswick also agrees with the climate data submitted by the Attorney General of Canada (“Canada”). This reference should not be a forum for those who deny climate change; nor should it be a showcase about the risks posed by greenhouse gas emissions (“GHG emissions”). The supporting data is relevant only to the extent that it is meaningfully connected to the constitutional question at issue.

2. The foundational climate change data provided by Canada, generally intended to portray the anticipated impacts of climate change in Canada, as well as the many references to international accord and commitments, leave an unquestionable impression of Canada’s a deep resolve to see the nation’s environmental footprint diminished. New Brunswick does not take issue with Canada’s commitment or with the importance of the overall subject matter.

3. What New Brunswick disputes is the way in which the federal Parliament has apportioned its resolve to diminish GHG emissions by imposing “backstop legislation”.

New Brunswick acted as an intervenor in the Ontario Court of Appeals case and submitted their own Factum. Above are some of the quotes. Higgs makes it clear he doesn’t actually oppose the agenda itself.

New Brunswick Premier Blaine Higgs is yet another “conservative” who is fighting the Carbon tax by introducing one of his own.

17. Elsewhere In The Maritimes

There doesn’t seem to be any real opposition (or mention) of the carbon tax by conservatives in Nova Scotia, PEI, and Newfoundland & Labrador. They don’t talk about the 1974 changes that Trudeau Sr. made to the banking system, either.

18. Fake Populist (Fake Party) Maxime Bernier

Even when running for the CPC leadership, Bernier played along with the climate change scam. His only opposition was to a tax itself. However, since losing in 2017, he finally admitted (somewhat), that it’s all a hoax.

Bernier talks a lot about the milk mafia, but doesn’t have much to say about the banking or climate mafias. Bernier was also in cabinet from 2011 to 2015 during the COMER case in Federal Court. Bernier claims to support balanced budgets, but never talks about the biggest obstacle.

19. Conservative Party Of Canada

While claiming to oppose a Carbon tax, the CPC still plays along with the climate change agenda. It does this to offer the illusion of choice in voting options. Harper signed Agenda 2030 in September 2015. Erin O’Toole supports the Paris Accord, as does Andrew Scheer.

Also worth pointing out, while Conservatives “pretend” to care about debt in opposition, they do little when in power. They also had a majority government in 2011 to 2015 when COMER attempted to dismantle Canada’s participation in the International Banking Cartel. The CPC fought the court challenge for years.

20. Leslyn Lewis’ Pro-UN/PA Dissertation

Leslyn Lewis PhD Dissertation, Paris Accord

As many readers will be aware, Leslyn Lewis recently ran for the leadership of the Conservative Party of Canada, and came 3rd overall. But what many supporters don’t know is her thesis, published in 2019, was very pro-UN, and pro-Paris Accord. This isn’t some ancient paper she wrote at age 19 or 20. It was her PhD dissertation, published at the age of 48.

This “social conservative” was also a Director at Women’s LEAF, a pro-death lobbyist and legal group. But that’s another story.

21. The Controlled Opposition Conservatives

(Originally featured as “the Resistance” in Maclean’s), these so-called leaders pretend to oppose the Carbon tax levied by Trudeau. But the devil is in the details. They actually ENDORSE the climate change industry overall, and don’t rule out Carbon taxes Provincially. Nor do they discuss where the money even goes. They only criticize Trudeau imposing a FEDERAL tax.

Nor do the “Resistance” seem to have any problem with the international banking cartel bleeding Canada dry through usury and private loans. They focus on a symptom (the debt), but never the disease (the banking system). The goal is to ensure the public never sees the big picture.

While climate change and central banking seem unrelated, there is a connection: so-called “opposition” politicians never come clean as to what is going on. Both are scams meant to bankrupt and enslave the people.

22. Documents On The Climate Change Scam

(A.1) SK COA Ruling On Carbon Tax
http://archive.is/tNe2k
(B.1) ONCA Ruling On Carbon Tax
http://archive.is/tbMTC
(B.2) ONCA Reference Documents
(B.3) ONCA, Ontario Factum, GGPPA
(B.4) ONCA, BC Factum, GGPPA
(B.5) ONCA, NB Factum, GGPPA
(B.6) ONCA, United Conservative Assoc
(B.7) ONCA, CDN Taxpayers Federation
(C.1) ABCA Ruling On Carbon Tax
http://archive.is/guxXF
(C.2) Jason Kenney Repeals Carbon Tax
http://archive.is/Q1gGb
(C.3) Kenney Supports New Carbon Tax
http://archive.is/wTYoE
(C.4) Kenney To Hike New Carbon Tax
http://archive.is/jbLjN
(D.1) SCC, Ontario Factum
(D.2) SCC, Sask Factum, GGPPA

Leslyn Lewis’s 2019 PhD Dissertation On Climate Change

Int’l Banking Cartel #11: Debt For Nature Swaps, Usury Masked As Compassion

Some background information on how this process works (in theory at least). See here and here. Does it matter that many countries are unable to repay their loans? To the creditors, not really, as there is always another way.

These “swaps” involve selling a country’s debt (at a discount) to a 3rd party, but one who has its own agenda.

1. More On The International Banking Cartel

For more on the banking cartel, check this page. The Canadian Government, like so many others, has sold out the independence and sovereignty of its monetary system to foreign interests. BIS, like its central banks, exceed their agenda and try to influence other social agendas. See who is really controlling things, and the common lies that politicians and media figures tell. And check out the climate change hoax as well, as the 2 now seem intertwined.

New Development Financing, a bait-and-switch.

2. Important Links

UN New Development Finance Paper
UN.new.development.financing.2012.178pages

UNDP Explaining Debt-For-Nature Swaps

CLICK HERE, for World Economic Forum, debt swap support.
https://archive.is/LTw1r

World Bank Working Paper, March 1990

CLICK HERE, for World Wildlife Fund Climate fund page.
https://archive.is/43sHz

3. Debt Used As A Weapon Against Nations

This cannot be emphasized enough. Countries take foreign loans in times when they are desperate, and often are unable to meet the terms to pay them back. This is a form of predatory lending. What may end up happening is that those debts are sold to people and organizations who have their own agenda.

And where do these loans originate in the first place? Many are (debt financed) by countries like Canada, the U.S., and in Europe. Western nations — who use private parties to borrow money from — borrow money which is then handed over as loans to the 3rd World. Those loans are distributed to countries who can’t pay them back. They are then forced into options like debt-for-nature.

4. World Economic Forum & Climate Swaps

Debt swaps can be one solution to tackle both challenges at once. Traditionally, these instruments represent an exchange of the existing debt contract with a new one, where the previous contract is normally “written down”, or discounted. Usually, this action is associated with specific conditions for investments, agreed both by the creditor and the debtor. In the past, such instruments have also been used to achieve climate-related objectives.

The idea of a “debt-for-climate” swap was first conceived during the 1980s by the then Deputy Vice President of the World Wildlife Fund, Thomas Lovejoy, in the wake of the Latin American debt crisis. The idea was simple: an NGO would act as a donor, purchasing debt from commercial banks at its face value on the secondary market, hence providing a level of relief on the debt’s value. The title of the debt would then be transferred to the debtor country in exchange for a specific commitment to environmental or conservation goals, performed through a national environmental fund.

In 2018, the Seychelles government worked with The Nature Conservancy, Global Environment Facility (GEF), and the United Nations Development Programme (UNDP) to develop a debt-for-nature swap for $27 million of official debt, to set up vast areas of protected marine parks for climate resilience, fishery management, biodiversity conservation and ecotourism.

This came out just the other day. The World Economic Forum, which pushed for a declaration of a pandemic also goes on about how this can be used to advance the green agenda. But don’t worry, it’s not preplanned or anything.

5. UNDP Explains Risks And Consequences

Cons
.
-DNS have only resulted in relatively small amounts of debt relief, limiting their impact in reducing developing countries’ debt burden;
Transaction costs might be high compared to other financing instruments; negotiations can be time-consuming, spanning several years and might result in limited debt reduction or discount rates. The length of the design and negotiation phase of a DNS can span one to three years, mostly depending on the willingness of the parties and the complexity of the deal.

Risks
.
-Lengthy negotiations. Disagreement between the creditor and debtor country on conservation goals or other details of the agreement can increase the costs of the operation.
Currency exchange risks, the impact of which (and the response strategy) is dependent on the financial structure of the DNS. The currency risk can be mitigated, for example, by making payments in local currency at the spot rate on the day payments are due. In the latter case the risk is lower for the entity managing the DNS cash flow.
Inflation risks, the value of future payments in local currencies might be highly by inflation. Mitigation strategies to inflation risks are similar to the ones for currency exchange risks.
-The DNS might prevent the possibility of negotiating a more comprehensive and favourable debt treatment (debt relief and restructuring).
-The debtor-country might not be able or willing to respect its commitments. Fiscal and liquidity crises can undermine the capacity of the debtor-government to meet its obligations.
-Management risks related to the capacity of the fund selected to administer grants from the DNS proceeds, including mismanagement, corruption and failures in the identification of good projects to be financed.
-While rarely reported, it is possible that the projects financed might create discontent in local communities (e.g. removal of access to resources by local communities).
-ODA substitution (no additionality). While a DNS is an option for increasing ODA, it might just substitute for other committed flows.
-The debtor-country may lose sovereignty in deciding about the spending of public resources. Grants may be disbursed according to donors’ preferences, which in turn might or might not better mirror local conservation needs. In most DNS the debtor-government decides in agreement with the creditor(s) about the modalities of funds’ disbursements, both participating in the boards of the trust fund responsible for grant-making.
-Debt swaps may be tied to the purchase of goods or services for the creditor(s).

There are an awful lot of drawbacks to getting involved with this sort of loan. Specifically, countries cede their sovereignty, are forced into conditions they don’t like, and it may not even result in much of a debt reduction.

6. World Bank 1990 Working Paper On Swaps

The first debt-for-nature agreement (Bolivia) was the only one in which land was set aside, and development restrictions adopted, as a result of the agreement. This deal was extremely controversial at first, as many Bolivians thought that the country had relinquished sovereignty to the international environmental group. There is, however, no transfer of land ownership, and development decisions are not based on agreements between the local environmental groups, the government, and the regional population. The Bolivian government has been slow in dispersing the local currency funds, and controversies have arisen over the development use of the buffer areas.

Finally, prior to the debt-for-nature concept, environmental groups had little or no direct contact with either commercial banks or debt countries’ finance ministers. Debt-for-nature swaps, however, have entailed intense negotiations between all three groups, leading to a network of relationships that may prove valuable to international environmental groups beyond simply debt-for-nature agreements.

Much of the interest in using official debt for debt-for-development swaps first began as a result of the 1988 Toronto Economic Summit, in which the G-7 countries established guidelines that allowed Paris Club Creditors to forgive debt to the poorest of the Sub-Saharan countries. One of three options given to Paris Club creditors was to forgive up to one-third of the debt of the developing country (with the other two being extended maturities and lower interest rates). France has generally chosen the first option, while the United States (until July 1989) has been reluctant to forgive debt.

World Bank Working Paper, March 1990

This scheme has been going back many decades. The basic principle is that countries are loaned money they cannot realistically afford to pay back. Loans are then forgiven — or reduced — but with strings attached. One such arrangement is the debt-for nature swaps.

Although the land isn’t officially ceded, for all practical purposes it is.

7. Leonardo DiCaprio Foundation, Seychelles

In 2017, the Leonardo DiCaprio Foundation helped finance a debt-for-nature swap with the Republic of Seychelles to set aside some 400,000 square kilometers of water for conservation.

8. World Wildlife Fund Conservation Finance

Debt-for-Nature Swaps
WWF has worked with the U.S., French, German, Dutch, and other creditor countries to structure foreign debt-for-nature swaps, including the first one in Ecuador in 1987. Since 2001, WWF has helped design several debt-for-nature swap agreements under the Tropical Forest Conservation Act (and previously under the Enterprise for the Americas Initiative). Both mechanisms were formed to relieve the debt burden of developing countries owed to the U.S. government, while generating funds in local currency to support tropical forest conservation activities. Capital raised through debt-for-nature swaps can be applied through trust funds or foundations specifically set up to channel funding to local biodiversity conservation.

Carbon Finance
WWF believes that carbon finance, if used appropriately, will play a critical role in reducing global greenhouse gas emissions, contributing to biodiversity conservation, and promoting a range of local economic and social values. WWF is developing pilot carbon projects in Peru, Brazil, Central Africa, Indonesia and Nepal to capitalize on the rapidly growing potential for carbon finance. We contribute to these efforts by securing private and public financing for carbon projects and providing technical support to implement carbon finance mechanisms.

The World Wildlife Fund is quite involved in financing the nature-for-debt swaps. Should make Canadians wonder what is the real reason Trudeau and Butts present themselves as eco-warriors.

9. Gerald Butts, Megan Leslie Head(s) of WWF

It shouldn’t surprise anyone that Gerald Butts was once the President and CEO of World Wildlife Fund Canada. This conflict of interest isn’t limited to the Liberals though.

Megan Leslie used to be the Deputy NDP Leader, and was Deputy Opposition Leader for a time. Now, this Trudeau Foundation Director is also the head of the World Wildlife Fund.

It’s also worth a mention that Elizabeth May, the former Green Party Leader is also with the Trudeau Foundation. She was, at a time, Head of Sierra Club Canada. At least 3 of the major Federal parties are compromised, and in bed with the eco-lobby.

10. Mockingbird Foundation Of Canada

To see a little deeper just how many tentacles the Trudeau Foundation has, see these connections between the House of Commons, the Senate, the Courts and the media. Truly disgusting.

11. Usury Disguised As Humanitarianism

Despite what is said publicly, there is nothing compassionate about what is happening. Countries are taking loans they can’t pay back, and are forced to cede sovereignty in order to “service the debt”. Not at all what we are led to believe.

Int’l Banking Cartel #10(B): Bank For International Settlements And Green Bonds

The Bank for International Settlements in Switzerland is supposed to concern itself with fiscal policies. However, it has branched off into the climate change agenda and green bonds. This has nothing to do with its stated mandate, and is a serious concern for people who want sovereignty. Not a lot of evidence this even works, but who cares?

1. More On The International Banking Cartel

For more on the banking cartel, check this page. The Canadian Government, like so many others, has sold out the independence and sovereignty of its monetary system to foreign interests. BIS, like its central banks, exceed their agenda and try to influence other social agendas. See who is really controlling things, and the common lies that politicians and media figures tell. And go check out the climate change hoax as well.

2. Green Bonds First Launched By World Bank

10 years ago, The World Bank issued the first-ever green bond then laid out the first blueprint for sustainable fixed income investing, transforming development finance and sparking a sustainability revolution in the capital markets. Green bonds have become a strategic priority for The World Bank as they support all Sustainable Development Goals. Watch this video to learn about the investors, evaluator, and Treasury behind the first green bond and how it turned into a $12 billion World Bank program 10 years later.

The green bonds industry was the first organized by the World Bank. It has expanded greatly over the last decade.

3. Green Bonds Potentially $100T Industry

In the Summer of 2019, the International Economic Forum of the Americas was held in Montreal. Several speakers discussed the rapid growth of the climate bonds, or green bonds industry. One predicted to be eventually become a $100 trillion industry.

4. World Bank And IFFIm Selling “Vaccine Bonds”

This is a little off topic, but worth a reminder. In Part 18 of the vaccine series, it was covered how the World Bank was selling “Vaccine Bonds”. These were derived from pledges that individual nations had pledged to IFFIm. Now, there is no real reason for any of this to exist, other than to enrich a relatively small number of people.

5. BIS Mission Statement Excludes Green Agenda

BIS mission statement
Excellence in service to central banks and financial authorities
.
The BIS
.
-aims at promoting monetary and financial stability;
-acts as a forum for discussion and cooperation among central banks and the financial community; and
-acts as a bank to central banks and international organisations,

Strange, there seems to be no mention of using its power and influence to enact social change, and to facilitate the climate change agenda. Perhaps an oversight.

6. Green Bonds Already 3.5% Of Bond Market

Interest in green bonds and green finance – commonly defined as the financing of investments that provide environmental benefits (G20 GFSG (2016)) – has been increasing rapidly. Financial instruments that contribute to environmental sustainability have become a priority for many issuers, asset managers and governments alike. In particular, the market for green bonds has been growing fast. Global issuance surpassed $250 billion in 2019 – about 3.5% of total global bond issuance ($7.15 trillion).

Private institutions have developed green bond certifications and standards that grant issuers a green label if individual projects are deemed sufficiently in line with the Green Bond Principles (GBPs) of the International Capital Market Association (ICMA), and the use of proceeds can be ascertained.

A key issue for both policymakers and investors is whether existing certifications and standards result in the desired environmental impact (The Economist (2020)). While the GBPs define a broader range of environmental benefits, this special feature focuses on one particular aim: low and decreasing carbon emissions.

According to the Bank for International Settlements, so-called green bonds are exploding in popularity, and already make up over $250 billion of the total bond market, or about 3.5% overall. An astute person will wonder how any of this actually contributes to a cleaner environment, or combats climate change. It doesn’t, but it certainly makes people rich.

It’s disturbing how much money can be generated (or lost) on an industry that is in reality, built on lies.

7. BIS: Climate Change Threatens Finances

Climate change poses new challenges to central banks, regulators and supervisors. This book reviews ways of addressing these new risks within central banks’ financial stability mandate. However, integrating climate-related risk analysis into financial stability monitoring is particularly challenging because of the radical uncertainty associated with a physical, social and economic phenomenon that is constantly changing and involves complex dynamics and chain reactions. Traditional backward-looking risk assessments and existing climate-economic models cannot anticipate accurately enough the form that climate-related risks will take. These include what we call “green swan” risks: potentially extremely financially disruptive events that could be behind the next systemic financial crisis. Central banks have a role to play in avoiding such an outcome, including by seeking to improve their understanding of climate-related risks through the development of forward-looking scenario-based analysis. But central banks alone cannot mitigate climate change. This complex collective action problem requires coordinating actions among many players including governments, the private sector, civil society and the international community. Central banks can therefore have an additional role to play in helping coordinate the measures to fight climate change. Those include climate mitigation policies such as carbon pricing, the integration of sustainability into financial practices and accounting frameworks, the search for appropriate policy mixes, and the development of new financial mechanisms at the international level. All these actions will be complex to coordinate and could have significant redistributive consequences that should be adequately handled, yet they are essential to preserve long-term financial (and price) stability in the age of climate change.

In a nutshell, this is BIS’ official reason for getting involved in the climate change industry, and into gree bonds: it threatens fiscal stability. But they have certainly found a profitable way to “stave off” this oncoming disaster. Very convenient.

8. Scaling Up: The Green/Banking Marriage

The four recommendations addressed to central banks and supervisors are:
.
(1) Integrating climate-related risks into financial stability monitoring and micro-supervision. This includes assessing climate-related risks in the financial system and integrating them into prudential supervision.
(2) Integrating sustainability factors into own portfolio management. The NGFS encourages central banks to lead by example in their own operations.
(3) Bridging data gaps. Public authorities are asked to share data relevant to Climate Risk Assessment and make these data publicly available.
(4) Building awareness and intellectual capacity and encouraging technical assistance and knowledge-sharing. The NGFS encourages all financial institutions to build in-house capacity and to collaborate to improve their understanding of how climate-related factors translate into financial risks and opportunities.

What is suggested here is nothing short of a full fledged marriage of the banking cartel and the climate cartel. Elements of the green agenda are to be embedded in every aspect of fiscal policies. This (shouldn’t) be what banks and bankers are involved with.

9. Bonds A Ponzi Scheme, No Real Product

It was interesting to see this “explanation” of climate bonds, which included vague references to “green industries”. No concrete examples were provided, nor was there any mention of the industries that would be lost as a result of this agenda.

This bonds scheme (like a Ponzi Scheme) only works as long as it is able to continuously get new funding. That won’t work, as eventually people realize this is a scam, and pulls their funds.

At 9:50, there is the not so subtle threat: change your business model, or go out of business. Former Bank of Canada Head Mark Carney (currently doing UN Climate Finance), said exactly the same thing. This isn’t opportunity, but the FORCED transition or shut down of many industries.

10. Green Bonds Already In Canada A While

If you thought this nonsense would never become a reality in Canada, you would be mistaken. Ontario has been issuing green bonds for several years, and it has continued under “populist” Doug Ford. It’s been happening Federally since at least 2014, when “conservative” Stephen Harper ran Canada. TD Canada appears to also have gotten in on the action.

Ontario and Canada aren’t doing anything revolutionary. They are just implementing what the World Bank started, and what the Bank for International Settlements is upscaling.

11. Bonds To Stabilize Financial System?

Although the idea of Green Bonds is not specifically mentioned in this BIS video, read between the lines. They talk about “alternative means” to stabilize economies after the 2008 collapse. BIS also refers to Green Bonds as necessary for fiscal stability. Two problems, one solution?

12. Cartel Marriage Shouldn’t Happen

The Bank for International Settlements offers the flimsiest of rationales for getting involved in the climate change and green bonds agendas.

While the idea that this aids fiscal stability, BIS never explains “how” exactly that is. It doesn’t delve into any of the many climate questions that need answered, nor does it explain how these bonds prevent climate change. BIS also won’t discuss how enriching a very few leads to overall equality.

It comes across as an attempt to (further) monetize the climate agenda, and to embed elements of it within national banking policies. As if national finances weren’t corrupt enough.

Canadians, and others, need to wake up to the collusion that continues to erode sovereignty. Do some research. The information presented above is just the tip of the iceberg.

Int’l Banking Cartel #10: Bank Of Canada & Other Central Banks Promoting Climate Change Scam

Various central banks around the world — including the Bank of Canada — have fully embraced the climate change scam. They promote “green finance” as a way to enact larger social change.

1. More On International Banking Cartel

CLICK HERE, for #1: restoring 1934 Bank of Canada Act.
CLICK HERE, for #2: Rocco Galati, COMER court case, appeals.
CLICK HERE, for #3: U.S. Federal Reserve, End The Fed.
CLICK HERE, for #4: questions to CDN Finance Department.
CLICK HERE, for #5: globalist approved talking points.
CLICK HERE, for #6: response from the Bank of Canada.
CLICK HERE, for #7: Carney, UN Climate Finance, CCX.
CLICK HERE, for #8: controlled opposition political parties.
CLICK HERE, for #9: BIS Immunities Act, promote climate hoax.

2. Important Links

CLICK HERE, for Bank of Canada supports GREAT RESET.
bank.of.canada.great.reset.agenda
https://archive.is/129UE

CLICK HERE, for Bank of Canada, climate change risks.
https://archive.is/GP1d5

CLICK HERE, for BoC, climate change a vulnerability.
https://archive.is/Ji1bg

CLICK HERE, for BoC, greening the financial system.
https://archive.is/uCN97

CLICK HERE, for the Network for Green Finance Systems.
https://archive.is/8wUbJ

CLICK HERE, for the Group of 8 founding central banks.
founding.members.greening.of.financial.system
https://archive.is/o1PaR

CLICK HERE, for scaling up green finance.
https://archive.is/cYahU
https://www.ngfs.net/sites/default/files/medias/documents/ngfs-a-sustainable-and-responsible-investment-guide.pdf
ngfs-a-sustainable-and-responsible-investment-guide

CLICK HERE, for BoC and digital currency.
https://archive.is/0EeTp

3. Context For This Piece

This is a continuation of the unholy marriage between the banking cartel and the climate cartel. Mark Carney, the former Bank of Canada Head, is now running UN Climate Finance (Part 7). The Bank for International Settlements is promoting the climate hoax (Part 9). Now we see that the Bank of Canada is also on board with this. Not only the BoC, but other central banks are as well.

4. BoC Fully Supports The GREAT RESET


https://twitter.com/bankofcanada/status/1296788907724623873

bank.of.canada.great.reset.agenda

The pandemic, central banks and climate change
• COVID-19 is a shock and an opportunity
• Pivot to a greener, smarter economy?
• Focus here on climate-related issues
• Our contributions to scenario analysis
• To start: how we view climate change risk

For those who are unfamiliar, the GREAT RESET is a plan hatched a long time ago, which involved using this “pandemic” as an excuse to bring about larger social change. Check out the previous piece on the World Economic Forum.

5. BoC Calls Climate Change A “Vulnerability”

Climate change creates important physical risks both in Canada and globally. According to the Intergovernmental Panel on Climate Change, the average world temperature in 2017 was around 1°C higher than pre-industrial levels and is projected to rise by 0.2°C per decade. One consequence is an increase in extreme weather events such as flooding, hurricanes and severe droughts. Insured damage to property and infrastructure in Canada averaged about $1.7 billion per year from 2008 to 2017, up from $200 million per year from 1983 to 1992. Canada is particularly affected—it is estimated to be warming significantly faster than the rest of the world.27

The move to a low-carbon economy involves complex structural adjustments, creating new opportunities as well as transition risk. Investor and consumer preferences are shifting toward lower-carbon sources and production processes, suggesting that the move to a low-carbon economy is underway. Transition costs will be felt most in carbon-intensive sectors, such as the oil and gas sector. If some fossil fuel reserves remain unexploited, assets in this sector may become stranded, losing much of their value. At the same time, other sectors such as green technology and alternative energy will likely benefit.

Both physical and transition risks are likely to have broad impacts on the economy. Moving labour and capital toward less carbon-intensive sectors is costly and takes time. Global trade patterns may also shift as production costs and the value of resources change. The necessary adjustments are complex and pervasive and might lead to increased risk for the financial system. In addition to insurance companies, many other parts of the financial system are exposed to risks from climate change. Banks have loans to carbon-intensive sectors as well as to connected sectors—for example, those upstream or downstream in supply chains. Asset managers hold carbon-intensive assets in and outside Canada. The Government of Canada’s Expert Panel on Sustainable Finance is studying these issues.

(From part 5), the Bank of Canada has written off the oil & gas sector, and others, in favour of “transitioning to a low carbon economy”. It would be nice for those people in Alberta, BC and Saskatchewan to have been made aware of this. It’s not like their communities will be gutted.

6. BoC & “Greening Financial System”

In response, central banks are stepping up efforts to assess climate-related risks. The current suite of central bank economic models, however, do not incorporate climate-change effects. Uncertainty over future developments related to climate change also makes assessing these risks challenging. These developments include policy developments, technological developments and changes in the natural environment.

Some central banks and private financial institutions are developing tools to carry out climate-related scenario analysis. Scenario analysis examines different plausible future states of the world. It forecasts a set of situations that could happen rather than predicts what will happen. It can help users evaluate a range of hypothetical outcomes based on different assumptions of what may occur. Scenario analysis is particularly useful for climate change, where the evolution of key variables is uncertain. To be the most useful, these scenarios should be extreme yet plausible. This will give a sense of the full range of possible risks.

Rather than focusing on monetary policy, which is its mandate, the Bank of Canada has decided to wade into the climate change agenda. The BoC alleges that climate change is directly tied to the financial health of the country.

7. Initiative Launched December 2017

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS), was launched on December 12, 2017. It started off with 8 central banks, but has grown exponentially since. Many more, including the Bank of Canada, are now part of this group.

8. Central Banks “Greening Financial System”

founding.members.greening.of.financial.system

Joint statement by the Founding Members of the Central Banks and Supervisors Network for Greening the Financial System

Financing the transition to a green and low carbon economy consistent with the ‘well below 2°celsius’ goal set out in the Paris agreement and promoting environmental sustainable growth are among the major challenges of our time. In the process of responding to environmental and climate challenges, there are both opportunities and vulnerabilities for financial institutions and the financial system as a whole.

Post Paris, official sector and private-led initiatives have accelerated the awareness of climate related financial risks and the scaling up of green financing. The G20 Green Finance Study Group and the FSB Task Force on Climate-Related Financial Disclosures also recommended steps towards encouraging financial institutions to conduct environmental risk analysis and to improve environment- and climate-related information disclosure. We are very pleased to announce today that eight central banks and supervisors decided to collectively commit to establish a Network of Central Banks and Supervisors for Greening the Financial System. The Network will help to strengthen the global response required to meet the goals of the Paris agreement and to enhance the role of the financial system to manage risks and to mobilize capital for green and low-carbon investments in the broader context of environmentally sustainable development.

This group was started by the central banks of 8 countries. It has since grown to encompass many more. People should be skeptical that organizations involved in the monetary system are getting involved in the climate change industry.

9. NGFS Scaling Up “Green Finance”

This section provides an overview of the workstream’s mandate.
The workstream on scaling up green finance is structured around 3 main topics:

1) Promoting the adoption of sustainable and responsible principles in central banks’ investment approaches
2) Understanding and monitoring the market dynamics of green finance
3) Providing a joint central banks’ view on the various challenges climate change raises for the conduct of monetary policy

10. Remember Mark Carney?

Mark Carney used to be the Head of the Bank of Canada, and later headed the Bank of England. Anyway, this man is now in charge of “UN Climate Finance”, and openly threatens to bankrupt companies who don’t play ball with the climate change scam. It used to be that gangsters would burn down your business if you didn’t pay. Now, they just pass laws to make it impossible to operate.

11. BoC Pushing Digital Currency

https://twitter.com/bankofcanada/status/1276160904456003584

You know all that hype about the Bank of Canada looking to push some form of digital currency to replace money? Well yes, they are actually looking into it.

12. Should Banks Push Climate Agenda?

Banks, like any institution, should stick to their assigned role and not meddle elsewhere. Why stray so far into unrelated areas? It’s because they have an agenda, and are just using the financial sector as a means and excuse of implementing that agenda.

Int’l Banking Cartel #9: Bank For International Settlements Immunity Act, And More

1. More On International Banking Cartel

CLICK HERE, for #1: restoring 1934 Bank of Canada Act.
CLICK HERE, for #2: Rocco Galati, COMER court case, appeals.
CLICK HERE, for #3: U.S. Federal Reserve, End The Fed.
CLICK HERE, for #4: questions to CDN Finance Department.
CLICK HERE, for #5: globalist approved talking points.
CLICK HERE, for #6: response from the Bank of Canada.
CLICK HERE, for #7: Carney, UN Climate Finance, CCX.
CLICK HERE, for #8: controlled opposition political parties.

Also, see the page on documents and sources, for more background information on this subject.

2. Important Links

CLICK HERE, for Bank of International Settlements Immunity Act.
CLICK HERE, for CanLII posting on BIS Immunity Act.
CLICK HERE, for Budget and Econ Statement Impl Act, 2007.
CLICK HERE, for Protocols for Immunity of BIS (1930).
CLICK HERE, for Protocols for Immunity of BIS (1936).
CLICK HERE, for BIS immunity on Swiss soil.

climate.change.in.financial.sector
climate.related.financial.disclosures
eu.climate.goals.on.track
green.light.for.economic.recovery
pursuing.a.green.economy

3. Text Of BIS Immunity Act (2007)

Bank for International Settlements (Immunity) Act
S.C. 2007, c. 35, s. 140
.
Assented to 2007-12-14
.
An Act to provide immunity to the Bank for International Settlements from government measures and from civil judicial process
.
[Enacted by section 140 of chapter 35 of the Statutes of Canada, 2007, in force on assent December 14, 2007.]
.
Marginal note: Short title
.
1 This Act may be cited as the Bank for International Settlements (Immunity) Act.
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Marginal note: Immunity — government measures
.
2 The Bank for International Settlements, its property and any property entrusted to it are exempt from the measures referred to in Article 1 of the Protocol regarding the immunities of the Bank for International Settlements that was ratified by Canada on January 20, 1938.
.
Marginal note: Immunity — judicial process
.
3 (1) The Bank is immune from the juris-diction of any court in respect of a civil proceeding.
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Marginal note: Immunity — property
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(2) The Bank’s property and any property entrusted to it are immune, in respect of any civil proceeding, from attachment and execution.
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Marginal note: Binding on Her Majesty
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(3) Subsections (1) and (2) are binding on Her Majesty in right of Canada.
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Marginal note: Non-application of sections 2 and 3
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4 For reasons of national security or for the purposes of the conduct of Canada’s international affairs or the implementation of Canada’s international obligations, the Governor in Council may determine that, to the extent specified by the Governor in Council,
.
(a) the Bank, its property and any property entrusted to it are not exempt under section 2;
.
(b) the Bank is not immune under subsection 3(1); and
.
(c) the Bank’s property and any property entrusted to it are not immune under subsection 3(2)

In short, the Bank for International Settlements is immune from any jurisdiction in Canada.

It’s true that there is a provision that allows the Governor in Council to waive some or all of that immunity. However, when politicians see no issue with turning control of Canadian finances over to foreign, private interests, one has to wonder what it would take to be in Canada’s national interests.

4. Budget & Econ Statement Impl Act, (2007)

For reference, the Bank of International Settlements Immunity Act was just one part, Part 6, of the Budget and Economic Statement Implementation Act, 2007 (S.C. 2007, c. 35).

5. Protocols For Immunity For BIS

protocols.for.immunity.bank.intl.settlements.1930
protocols.for.immunity.bank.intl.settlements.1936

Throughout the 1930s, various nations signed on to ensure the Bank for International Settlements had legal immunity from legal restrictions or orders in member states. This was almost a century ago.

6. BIS Legal Protections In Switzerland

bis.switzerland.legal.status.of.bank

Article 1
Legal personality
The Swiss Federal Council acknowledges the international legal personality and the legal capacity within Switzerland of the Bank for International Settlements (hereinafter referred to as “the Bank”).

Article 2
Freedom of action of the Bank
.
1. The Swiss Federal Council shall guarantee to the Bank the autonomy and freedom of action to which it is entitled as an international organisation.
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2. In particular, it shall grant to the Bank, as well as to its member institutions in their relations with the Bank, absolute freedom to hold meetings, including freedom of discussion and decision.

Article 3
Inviolability
.
1. The buildings or parts of buildings and surrounding land which, whoever may be the owner thereof, are used for the purposes of the Bank shall be inviolable. No agent of the Swiss public authorities may enter therein without the express consent Headquarters Agreement with Switzerland 37 of the Bank. Only the President, the General Manager of the Bank, or their duly authorised representative shall be competent to waive such inviolability.
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2. The archives of the Bank and, in general, all documents and any data media belonging to the Bank or in its possession, shall be inviolable at all times and in all places.
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3. The Bank shall exercise supervision of and police power over its premises.

Article 4
Immunity from jurisdiction and execution
1. The Bank shall enjoy immunity from jurisdiction, save:
.
(a) to the extent that such immunity is formally waived in individual cases by the President, the General Manager of the Bank, or their duly authorised representatives;
.
(b) in civil or commercial suits, arising from banking or financial transactions, initiated by contractual counterparties of the Bank, except in those cases in which provision for arbitration has been or shall have been made;
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(c) in the case of any civil action against the Bank for damage caused by any vehicle belonging to or operated on behalf of the Bank.
.
2. Disputes arising in matters of employment relations between the Bank and its Officials or former Officials, or persons claiming through them, shall be settled by the Administrative Tribunal of the Bank. The Board of Directors of the Bank shall determine the constitution of the Administrative Tribunal, which shall have exclusive and final jurisdiction. Matters of employment relations shall be deemed to include in particular all questions relating to the interpretation or application of contracts between the Bank and its Officials concerning their employment, of the regulations to which the said contracts refer, including the provisions governing the Bank’s pension scheme and other welfare arrangements provided by the Bank.
.
3. The Bank shall enjoy, in respect of its property and assets, wherever located and by whomsoever held, immunity from any measure of execution (including seizure, attachment, freeze or any other measure of execution, enforcement or sequestration, and in particular of attachment within the meaning of Swiss law), except:
.
(a) in cases where execution is claimed on the basis of a final
judgment rendered by a court which has jurisdiction over
the Bank in accordance with paragraph 1(a), (b) or (c)above;
.
(b) in cases of execution of an award made by an arbitral tribunal pursuant to Article 27 of this Agreement.
.
4. All deposits entrusted to the Bank, all claims against the Bank and the shares issued by the Bank shall, without the express prior agreement of the Bank, wherever located and by whomsoever held, be immune from any measure of execution (including seizure, attachment, freeze or any other measure of execution, enforcement or sequestration, and in particular of attachment within the meaning of Swiss law).

The Swiss Government recognizes the Bank for International Settlements as an international organization, and gives it full immunities and powers over its land.

To be clear, the BIS already had very high levels and immunity long before Canada’s BIS Immunity Act in 2007. That just further cemented that immunity from Canadians or Canadian Officials.

It’s also worth pointing out that the property rights enshrined to this “international organization” far exceed the rights awarded to individuals in most nations.

7. BIS: Never Waste A Crisis

never.waste.a.crisis.banking.cv.climate.change
https://www.bis.org/review/r200717f.pdf

The pandemic is therefore a stark reminder that preventing climate change from inflicting permanent harm on the global economy requires a fundamental structural change to our economy, inducing systematic changes in the way energy is generated and consumed.

With brutal clarity, the current crisis has exposed two major risks to the global economy: first, the farreaching damages imposed on our society by a lack of prevention and early action, fostered by disbelief in science, in the face of a global shock that threatens not only the economy but our lives.

And, second, the repercussions of a failure to act collectively in a globalised world where inaction in one part of the globe can lead to highly disruptive and long-lasting spillover effects in other parts, hitting the poorest and most vulnerable in our societies most severely.

In this sense, the pandemic has been a warning shot with regard to the much greater challenge arising from climate change. In his famous speech, Mark Carney, then Governor of the Bank of England, has argued that “the catastrophic impacts of climate change will be felt beyond the traditional horizons of most actors – imposing a cost on future generations that the current generation has no direct incentive to fix”.[3] Moreover, studies have uncovered a significant lag in discerning the benefits of mitigation measures,[4] which makes it much harder to impose costs on society today if measurable results are available much later.

By making the costs of a major, truly global crisis more tangible, the pandemic may help to remove the “tragedy” from Mark Carney’s horizon: after COVID-19, the dramatic consequences of a global climate crisis may be much easier to imagine. And given the need for fundamental structural change after this crisis, the willingness to use this chance to take precautions against the even bigger risk of a climate crisis may have increased.

In order to achieve the European Union’s target of net-zero greenhouse gas emissions by 2050, our response to the growing risks of climate change has to start with the way we rebuild our economies after the pandemic.

In my remarks this morning, I will argue that three complementary pillars are needed to accelerate the transition towards a low-carbon economy: an effective carbon price, a strong investment programme and a greener financial market.

I will also argue that central banks have a role to play in mitigating climate-related risks, even within their
traditional mandates, because global warming poses severe risks to price stability.

These comments come from the European Central Bank, on July 17, 2020. They argue for using this so-called crisis for other purposes.

What a coincidence, that this “pandemic” gives these people the opportunity to impose a larger social agenda that they would never otherwise have been able to get away with.

8. BIS, UN, Carney Pushing “Climate Finance”

This was addressed in Part 7. Mark Carney was head of both the Bank of Canada, and the Bank of England. Now he’s in charge of “climate finance” at the UN, and openly threatens to make companies go bankrupt if they don’t play along with the climate change scam.

9. BIS Arguing For Bigger Change

It should be alarming to people that an organization that is not accountable to the public, (in any country), is using its powers to argue for larger societal changes. However, our politicians are puppets who simply do as they are told.

CCS #19: The Climate Change Industry Is Founded On Complete Lies

The climate change industry isn’t merely hyped up or exaggerated. It is built entirely on fraud and deceit. Time to expose some major lies.

1. Debunking The Climate Change Scam

The entire climate change industry, (and yes, it is an industry) is a hoax perpetrated by the people in power. See the other articles on the scam, the propaganda machine in action, and some of the court documents in Canada. It’s a much bigger picture than what is presented by the mainstream media, or even the alternative media.

2. Nothing To Do With A Clean Environment

To make this clear, the carbon taxes and regulations Westerners are forced to endure have nothing to do with making a cleaner atmosphere, environment, or preventing climate change. These are lies that politicians and media figures tell in order to justify the massive wealth transfer. So where does the money actually go? Here are a few areas:

  • Climate bonds, self-enrichment
  • Predatory loans to the 3rd World
  • Funding immigration schemes

3. Carbon Dioxide Is Necessary For Life


(A Children’s Video Explaining Photosynthesis, Peekaboo Kidz, 2015)

Carbon Dioxide, CO2, is touted as a “greenhouse gas” which contributes to all kinds of environmental disasters

“Global warming” is a term not used as much anymore, since “climate change” is more vague, and can be more easily adapted.

However, carbon dioxide occurs naturally, just from breathing.

The human body converts carbohydrates, fatty acids, and proteins into smaller “waste products” such as water and carbon dioxide in order to extract energy from them.

Carbon dioxide is not a “waste product” to be eliminated. It is a necessary resource plants use for photosynthesis

6 CO2 (carbon dioxide) + 6 H20 (water) + sunlight ===> C6H1206 (sugar) + 6 02 (oxygen)

While only plants engage in photosynthesis, both plants and animals respire

C6H1206 (sugar) + 6 02 (oxygen) ===> 6 CO2 (carbon dioxide) + 6 H20 (water) + usable energy

The photosynthesis and respiration cycles are not some big mystery. They have been taught in grade schools for many years. See here, see here, and see here

4. Paris Accord Is All About Money

The Paris Accord is all about taxation, and “financial flow” from the 1st World to the 3rd World. To say otherwise is disingenuous. Read article #9:

1. Developed country Parties shall provide financial resources to assist developing country Parties with respect to both mitigation and adaptation in continuation of their existing obligations under the Convention.

2. Other Parties are encouraged to provide or continue to provide such support voluntarily.

3. As part of a global effort, developed country Parties should continue to take the lead in mobilizing climate finance from a wide variety of sources, instruments and channels, noting the significant role of public funds, through a variety of actions, including supporting country-driven strategies, and taking into account the needs and priorities of developing country Parties. Such mobilization of climate finance should represent a progression beyond previous efforts.

4. The provision of scaled-up financial resources should aim to achieve a balance between adaptation and mitigation, taking into account country-driven strategies, and the priorities and needs of developing country Parties, especially those that are particularly vulnerable to the adverse effects of climate change and have significant capacity constraints, such as the least developed countries and small island developing States, considering the need for public and grant-based resources for adaptation.

5. Developed country Parties shall biennially communicate indicative quantitative and qualitative information related to paragraphs 1 and 3 of this Article, as applicable, including, as available, projected levels of public financial resources to be provided to developing country Parties. Other Parties providing resources are encouraged to communicate biennially such information on a voluntary basis.

6. The global stock take referred to in Article 14 shall take into account the relevant information provided by developed country Parties and/or Agreement bodies on efforts related to climate finance.

7. Developed country Parties shall provide transparent and consistent information on support for developing country Parties provided and mobilized through public interventions biennially in accordance with the modalities, procedures and guidelines to be adopted by the Conference of the Parties serving as the meeting of the Parties to this Agreement, at its first session, as stipulated in Article 13, paragraph 13. Other Parties are encouraged to do so.

8. The Financial Mechanism of the Convention, including its operating entities, shall serve as the financial mechanism of this Agreement.

9. The institutions serving this Agreement, including the operating entities of the Financial Mechanism of the Convention, shall aim to ensure efficient access to financial resources through simplified approval procedures and enhanced readiness support for developing country Parties, in particular for the least developed countries and small island developing States, in the context of their national climate strategies and plans.

To summarize Article #9
1/ Developed nations “will” support financially
2/ Other nations “encouraged” to support financially
3/ Developed nations shall be innovative in how they finance
4/ Small/island nations shall get more money
5/ Make public how much money is available
6/ This will be reviewed in 5 years time
7/ Guidelines to be adopted (mandatory?)
8/ Funding mechanism of convention to be used in agreement
9/ Cut the red tape for how/when to send money

5. Various Global Taxation Schemes

This is not limited to a simple carbon tax. Indeed, the United Nations and their allies have many ideas for raising money (with or without consent), from working people across the globe. Here are some of their recent ones. The one about global efforts to catch tax-evaders raised a few eyebrows, surely.

6. Our Contributions Are Debt Financed

(An old video circulating). Elizabeth May and Jack Layton knew full well about the private banking system since 1974, but have strategically chosen to remain silent when it mattered. All major parties are complicit in keeping the banking system out of public discussion.

In 1974, Pierre Trudeau decided that Canada shall be borrowing from private interests rather than using the Bank of Canada. Now, money is always artificially created. However, since we own the Bank of Canada, it means effectively paying interest to ourselves. Furthermore, the debt can simply be cancelled by a Prime Minister’s signature. That’s not the case with private loans.

The relevance here is that the payments that Canada hands out are debt financed. That is, we will be adding to our national debt, to hand out money to the 3rd World. Large parts of that money will be used for predatory lending to other nations (see Section #9).

7. Mark Carney & UN Climate Finance

Remember Mark Carney? He was in charge of the Bank of Canada, and then went to run the Bank of England. Anyway, he has a new position, being in charge on the UN’s climate finance agenda. His repeated threats about businesses going bankrupt if they don’t play ball comes across as extortion.

8. The Climate Bonds Industry ($100T)


Climate Bonds Initiative FUNDERS include:

  • Rockefeller Foundation
  • European Climate Foundation
  • Climate Works Foundation

However, they are far from the only players on the scene. And Canadian politicians are completely on board with this new “industry”. Does this help make the air cleaner or prevent climate change? No, but then, that was never the goal.

9. Predatory Loans To Third World


New Development Financing (2012)

(Page 86) Debt-conversion mechanisms
Debt conversion entails the cancellation by one or more creditors of part of a country’s debt in order to enable the release of funds which would otherwise have been used for debt-servicing, for use instead in social or environmental projects. Where debt is converted at a discount with respect to its face value, only part of the proceeds fund the projects, the remainder reducing the external debt burden, typically as part of a broader debt restructuring.

Debt to developing nations can be “forgiven”, at least partly, if certain conditions are met. However, the obvious question must be asked:

Can nations be loaned money they could never realistically pay back, in order to ensure their compliance in UN or other global agenda, by agreeing to “forgive” part of it?

(Page 86) Debt conversion first emerged, in the guise of debt-for-nature swaps, during the 1980s debt crisis, following an opinion article by Thomas Lovejoy, then Executive Vice-President of the World Wildlife Fund (WWF), in the New York Times in 1984. Lovejoy argued that a developing country’s external debt could be reduced (also providing tax relief to participating creditor banks) in exchange for the country’s taking measures to address environmental challenges. Estimates based on Sheikh (2010) and Buckley, ed. (2011) suggest that between $1.1 billion and $1.5 billion of debt has been exchanged through debt-for-nature swaps since the mid–1980s, although it is not possible to assess how much of this constitutes IDF, for the reasons discussed in box III.1.

If debt can be forgiven in return for environmental measures, then why not simply fund these environmental measures from the beginning? Is it to pressure or coerce otherwise unwilling nations into agreeing with such measures?

(Page 88)
There have been two basic forms of debt-for-nature exchanges (Buckley and Freeland, 2011). In the first, part of a country’s external debt is purchased by an environmental non-governmental organization and offered to the debtor for cancellation in exchange for a commitment to protect a particular area of land. Such transactions occurred mainly in the late 1980s and 1990s and were generally relatively small-scale. An early example was a 1987 deal under which Conservation International, a Washington, D.C.-based environmental non-governmental organization, bought $650,000 of the commercial bank debt of Bolivia (now Plurinational State of Bolivia) in the secondary market for $100,000, and exchanged this for shares in a company established to preserve 3.7 million acres of forest and grassland surrounding the Beni Biosphere Reserve in the north-east part of the country.
.
In the second form, debt is exchanged for local currency (often at a discount), which is then used by local conservation groups or government agencies to fund projects in the debtor country. Swaps of this kind are generally much larger, and have predominated since the 1990s. The largest such swap came in 1991, when a group of bilateral creditors agreed to channel principal and interest payments of $473 million (in local currency) into Poland’s Ecofund set up to finance projects designed to counter environmental deterioration. The EcoFund financed 1,500 programmes between 1992 and 2007, providing grants for conservation projects relating to cross-border air pollution, climate change, biological diversity and the clean-up of the Baltic Sea (Buckley and Freeland, 2011).

We will “forgive” your debt if:
(1) A portion of your land is off limits; or
(2) Debt converted to currency to fund “projects”

It seems those “loans” weren’t really free after all. Debt is forgiven, but for a high price. Also, read further on, where it talks about forgiveness-for-health and some forgiveness-for-education options. This is usury by any other name.

10. Money Finances Immigration Schemes

Ever notice how it seems like immigration in Canada is much larger than what our leaders tell us? Ever wonder about those UN treaties that we keep signing? Canadians are subsidizing their own replacement with:

  • bringing large numbers of refugees year after year
  • grants which will be used to finance future students on visas
  • subsidizing temporary workers who will work for less than Canadians
  • enriching others who can use the money to immigrate to Canada
  • enriching others who can buy up parts of Canada

Of course, some of the money we send will just be kept by dictators who will do little to improve the lives of their citizens (think UN oil-for-food for a bad example). But again, none of this helps the environment in any way, which is what we are told was the purpose.

11. Green New Deal, Great Reset

Many of these manufactured “crises” are just pretexts to bring about larger social change. The coronavirus hoax is one, to launch the GREAT RESET. Another was the Green New Deal, designed to bring about larger changes. It was never really about the climate.

12. Climate Propaganda In Academia

There is a growing body of work in Academia, which is little more than climate propaganda. See here and here, for a few examples.

13. Climate Huckster Joel Wood (Fraser Inst)

Joel Wood, of the Koch-funded Fraser Institute, is also an economics professor at Thompson Rivers University in Kamloops, BC. In 2019, he gave a talk on various “pricing options”. Attached is the audio.

14. Controlled Opposition Court Challenges

Most people are aware that several “conservative” Premiers filed a variety of court challenges against the Federal Carbon tax. However, things are not as they appear. These Premiers fully endorse the climate change scam, and only object to Trudeau imposing a FEDERAL Carbon tax. There is nothing stopping them from later adding a PROVINCIAL tax.

From paragraph 4 in the Saskatchewan COA ruling:

[4] The factual record presented to the Court confirms that climate change caused by anthropogenic greenhouse gas [GHG] emissions is one of the great existential issues of our time. The pressing importance of limiting such emissions is accepted by all of the participants in these proceedings.

From paragraph 25 in Alberta COA ruling:

[25] Alberta contended that the Act was wholly unconstitutional and does not fall within the national concern branch of Parliament’s POGG power. Ontario, New Brunswick, Saskatchewan, Saskatchewan Power Corporation and SaskEnergy Incorporated all intervened in support of Alberta’s position. In short, in their view, the “matter” of the Act, what is often called its “pith and substance”, is the “regulation of GHG emissions” and to give the federal government exclusive authority over such a matter under the national concern doctrine would unduly intrude into the provinces’ jurisdiction to regulate their own natural resources. Alberta stressed, however, that the result would be the same even if the Act were characterized more narrowly.

From paragraph 6 in Ontario’s ONCA submissions:

6. Ontario agrees with Canada that climate change is real and that human activities are a major cause. Ontario also acknowledges that climate change is already having a disruptive effect across Canada, and that, left unchecked, its potential impact will be even more severe. Ontario agrees that proactive action to address climate change is required. That is why Ontario has put forward for consultation a made-in-Ontario plan to protect the environment, reduce greenhouse gas emissions, and fight climate change.

From paragraph 1 in New Brunswick’s ONCA submissions:

1. The Intervenor, Attorney General of New Brunswick (“New Brunswick”) agrees with the factum of the Attorney General of Ontario (“Ontario”) regarding the nature of this reference and agrees with Ontario’s conclusions in every respect. New Brunswick also agrees with the climate data submitted by the Attorney General of Canada (“Canada”). This reference should not be a forum for those who deny climate change; nor should it be a showcase about the risks posed by greenhouse gas emissions (“GHG emissions”). The supporting data is relevant only to the extent that it is meaningfully connected to the constitutional question at issue.

Does any of this look like these so-called conservatives actually oppose the climate change scam? Or are they just going through the motions. The Supreme Court submissions are no better:

1. This case is not about whether action needs to be taken to reduce greenhouse gas emissions or the relative effectiveness of particular policy alternatives. It is about (1) whether the federal Greenhouse Gas Pollution Pricing Act (the “Act”) can be supported under the national concern branch of the POGG power; and (2) whether the “charges” imposed by the Act are valid as regulatory charges or as taxes. The answer to both questions should be no.
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2. The provinces are fully capable of regulating greenhouse gas emissions themselves, have already done so, and continue to do so. Ontario has already decreased its greenhouse gas emissions by 22% below 2005 levels and has committed to a 30% reduction below 2005 levels by 2030 – the same target to which Canada has committed itself in the Paris Agreement.

12. Saskatchewan has adopted its own industrial emission standards under The Management and Reduction of Greenhouse Gases Act, which is more stringent than Part 2 of the GGPPA. However, the provincial regime does not apply to Crown corporations engaged in the businesses of electricity generation (SaskPower) and the distribution of natural gas (SaskEnergy). Instead, under Saskatchewan’s strategy, these Crown corporations have plans to reduce emissions, including expanding renewable sources to provide up to 50% of Saskatchewan’s electrical generating capacity by 2030. Saskatchewan previously made significant investment in GHG emissions reduction by retrofitting one of SaskPower’s coal-fired electrical generation units with post-combustion carbon capture use and storage. This technology allows emissions from Boundary Dam Unit 3 to be permanently sequestered underground.

Once more, the Provinces are not arguing that climate change is a hoax. Instead, they are only complaining about Ottawa imposing a Federal tax.

(A.1) SK COA Ruling On Carbon Tax
(B.1) ONCA Ruling On Carbon Tax
(B.2) Ontario Court of Appeals, Reference Documents
(B.3) Ontario Court of Appeals, Ontario Factum, GGPPA
(B.4) Ontario Court of Appeals, BC Factum, GGPPA
(B.5) Ontario Court of Appeals, NB Factum, GGPPA
(B.6) Ontario Court of Appeals, United Conservative Assoc
(B.7) Ontario Court of Appeals, CDN Taxpayers Federation
(C.1) ABCA Ruling On Carbon Tax
(C.2) Jason Kenney Repeals Carbon Tax
(C.3) Kenney Supports New Carbon Tax
(C.4) Kenney To Hike New Carbon Tax
(D.1) Supreme Court of Canada, Ontario Factum
(D.2) Supreme Court of Canada, Sask Factum, GGPPA

15. Conservatives Support Climate Scam


Canada.Agenda.2030.Implementation

Many “conservative” supporters claim the party didn’t really support the Paris Accord in 2016/2017, and only voted for it out of being pressured. A few problems with that.

(a) First, Stephen Harper signed Agenda 2030 in September 2015. It also implemented Agenda 21, which had been signed by Brian Mulroney in 1992. Had he been re-elected, he almost certainly would have signed this as well.

(b) Second, given the bogus court challenges (see previous section), it’s clear conservatives don’t really oppose the hoax. They just want to be SEEN as opposing it.

(c) Third, peer pressure is not a valid excuse to justify doing the wrong thing.

16. Giant Wealth Transfer Scheme

Don’t be deceived by what is being said in the media. These carbon taxes, and other “fees” have nothing to do with global warming, climate change, or clean air. These are just false pretenses to go about a wealth transfer scheme that is worth trillions of dollars. There is nothing altruistic about this, although many are duped into believing that it is.