BBC Climate Propaganda. JP Morgan Green Washing and Bloomberg and Carney behind the bit save the Central Banking Cartel. Carbon Currency Endgame, playing out.

There’s a research report out from JP Morgan apparently warning about the “catastrophic consequences” of climate change. I’ve not seen the report, but I see no reason to doubt the conclusions as they’ve been reported. What I don’t know is whether they incorporate ECoE-type interpretations into their analysis.

Of course, institutions like JPM get frequent flak from those well-meaning people who call for no investment in fossil fuels (and who would, if they got their way, deny us any chance of transitioning to REs).

It does prompt one other question, though – if we take this as seriously as we should, why are we not taking some obvious actions now (such as stopping sales of SUVs, and acting to reduce air travel)?

  • We are not geared to distant threats,Tim. We’ve got to see the ‘whites of its eyes before a threat gets our attention. That’s so we keep alert to what matters nearby, not years off. I doubt we will do anything until it’s staring us in the face. Then panic.’

  • Excellent comment, thank you John, exactly my thoughts. During training as a counsellor in the 1990s I discovered that I had to find the serenity to accept those things I cannot change, the courage to change those things I can, and to find the wisdom to know the difference. (St Francis of Assisi prayer).

    I eventually discovered a knowledge and truth in the Bible as being the most believable source of all the books I had reviewed when I was on retreat with the Franciscan Friars in Cerne Abbas, Dorset. This was part of our ‘experiential training’ in the syllabus.

  • I’m sure you’re right there, John. Historically, the democracies could have stopped Hitler in his tracks in 1934 or 1935, but dithered until their hands were forced in 1939.

    But, taking the UK as an example (with much the same applicable elsewhere), sales of non-electric cars are to be banned in 2035 (with, for no obvious reason, hybrids banned as well).

    Meanwhile, though, SUVs are the largest (and largest-growing) section of the car market. Nobody (other than farmers) needs big engines, and even F1 now has a 1.5 litre engine limit. So a policy of limiting engine sizes to 1.5 litre, and requiring all-hybrids, could be implemented quickly, probably within five years. One way to do this would be by imposing very large sales taxes on all vehicles outside these limits. I think a sales tax of £5,000 on all new non-qualifying vehicles would fix this.

  • Excellent proposal Tim, thank you. I wonder why, whilst most of us can see the obvious, common sense answers to our problems, those in power arrive at totally ridiculous solutions that cause even more problems? Perhaps it’s the way we select our masters?

  • This JP Morgan report is rather good
    Mountains and Molehills. The Green New Deal mandates zero net emissions for the US by 2030 for the entire energy sector (not
    just from electricity generation), and does so while phasing out nuclear power and relying heavily on carbon sequestration by
    forests. This sets a goal that cannot be achieved. At best, the Green New Deal is a slogan to galvanize support for change; at worst,
    it’s a sign of how little work its proponents have done. This year’s paper gets into the details of where energy comes from, how it’s
    used, and the de-carbonization challenges facing the world’s industrialized and emerging economies. Additional topics include the
    latest research on wildfi res, and Trump’s War on Science.

    http://vaclavsmil.com/wp-content/uploads/2019/03/JPM.2019.pdf

    There is every reason to doubt the BBC’äs report on the new report, The BBC and Roger Harribin are alarmist extremists, there’s no sugar-coating that pill or indeed the same conclusion of Mr Monbiot at the Guardian.
    Jamie Dimons Report last Spring (2019)

    https://www.jpmorganchase.com/corporate/Corporate-Responsibility/document/jpmc-cr-climate-report-2019.pdf

    https://www.fsb-tcfd.org/news/#

    Mark Carney and Michael Bloomberg are photographed at the top of the news page of The Producers of the report the BBC are dishonestly referring to as JPMorgan, the group is independent of JPM apparently.
    That the Central Banking cartel is pushing carbon credits and a carbon-based taxation/Debt system to replace the current Broken system is undoubted, This is Green Washing, Clive Spash is the go-to on the impossible contradictions engendered in this new elitist fix to keep the rest of humanity in debt bondage.

    https://www.fsb-tcfd.org/about/#

    This is about saving the Big Banking cartel not about saving the environment or indeed prosperity.

  • https://www.fsb-tcfd.org/wp-content/uploads/2020/02/PR-TCFD-1000-Supporters_FINAL.pdf all off the back of this press release by the looks of it.

3 thoughts on “BBC Climate Propaganda. JP Morgan Green Washing and Bloomberg and Carney behind the bit save the Central Banking Cartel. Carbon Currency Endgame, playing out.

  1. Leo Smith February 21, 2020 at 1:19 am
    Rupert Read, an associate professor of philosophy at the University of East Anglia, and a spokesperson for campaign group Extinction Rebellion, said…

    ….any old rubbish that will get his name in the papers and keep him in a woke university place.

    Reply
    rogerglewis February 21, 2020 at 1:52 am
    rogerglewis
    on February 21, 2020 at 10:49 am said:
    Your comment is awaiting moderation.
    A bit of retreaded climate porn to boot.
    https://www.bloomberg.com/news/articles/2019-10-11/jpmorgan-economists-warn-of-black-swan-risks-from-climate-change

    Reply
    rogerglewis Your comment is awaiting moderation.
    February 21, 2020 at 1:53 am
    There is every reason to doubt the BBC’s report on the new report, The BBC and Roger Harribin are alarmist extremists, there’s no sugar-coating that pill or indeed the same conclusion of Mr Monbiot at the Guardian. Jamie Dimon’s Report last Spring (2019) https://www.fsb-tcfd.org/wp-content/uploads/2020/02/PR-TCFD-1000-Supporters_FINAL.pdf This JP Morgan report is rather good Mountains and Molehills. The Green New Deal mandates zero net emissions for the US by 2030 for the entire energy sector (not just from electricity generation), and does so while phasing out nuclear power and relying heavily on carbon sequestration by forests. This sets a goal that cannot be achieved. At best, the Green New Deal is a slogan to galvanize support for change; at worst, it’s a sign of how little work its proponents have done. This year’s paper gets into the details of where energy comes from, how it’s used, and the de-carbonization challenges facing the world’s industrialized and emerging economies. Additional topics include the latest research on wildfires, and Trump’s War on Science. http://vaclavsmil.com/wp-content/uploads/2019/03/JPM.2019.pdf There is every reason to doubt the BBC’s report on the new report, The BBC and Roger Harribin are alarmist extremists, there’s no sugar-coating that pill or indeed the same conclusion of Mr Monbiot at the Guardian. Jamie Dimon’s Report last Spring (2019) https://www.jpmorganchase.com/corporate/Corporate-Responsibility/document/jpmc-cr-climate-report-2019.pdf https://www.fsb-tcfd.org/news/# Mark Carney and Michael Bloomberg are photographed at the top of the news page of The Producers of the report the BBC are dishonestly referring to as JPMorgan, the group is independent of JPM apparently. That the Central Banking cartel is pushing carbon credits and a carbon-based taxation/Debt system to replace the current Broken system is undoubted, This is Green Washing, Clive Spash is the go-to on the impossible contradictions engendered in this new elitist fix to keep the rest of humanity in debt bondage. https://www.fsb-tcfd.org/about/# This is about saving the Big Banking cartel not about saving the environment or indeed prosperity. https://surplusenergyeconomics.wordpress.com/2020/01/24/163-tales-from-mount-incomprehension/ https://notthegrubstreetjournal.com/2019/11/25/the-incomparable-professor-smil-energy-matters-without-the-spin-and-the-late-professor-sir-david-mackay-energy-without-hotair-grubstreetjournal-grubstreetscience-grubstreetenergy-theexergist-th/ https://notthegrubstreetjournal.com/2020/02/18/wassuppp-diagnosisand-the-energy-based-solutions/ rogerglewis on February 21, 2020 at 8:50 am said: Your comment is awaiting moderation. https://www.fsb-tcfd.org/wp-content/uploads/2020/02/PR-TCFD-1000-Supporters_FINAL.pdf all off the back of this press release by the looks of it.

    Like

  2. rogerglewis on February 21, 2020 at 10:22 am said:
    My understanding – though I’d welcome correction or further information – is that trees don’t start absorbing carbon until they are 30 years old. So a tree planted now won’t do this until 2050. Yet tree-planting seems to be every industry’s “get out of gaol free” card.

    Where did you get this idea from Tim, It makes no sense. Trees Synthesise many minerals from the ground but also Carbon from the air, the more Carbon there is in the Air the less water plants need in general.

    https://www.britannica.com/science/photosynthesis

    https://www.britannica.com/plant/tree/Tree-structure-and-growth

    Reply ↓

    rogerglewis
    on February 21, 2020 at 10:27 am said:
    https://botany.org/PlantTalkingPoints/CO2andTrees.php

    drtimmorgan
    on February 21, 2020 at 10:51 am said:
    Thanks – I still find it hard to imagine saplings absorbing much carbon. Fortunately, I have a family member who recently took an honours First in environmental sciences, so I’ll ask his views.

    rogerglewis
    on February 21, 2020 at 10:59 am said:
    Your comment is awaiting moderation.
    Mighty Oaks from tiny acorns, etc and so forth.
    Geoffrey Chaucer’s Troilus and Criseyde, 1374,
    “as an ook cometh of a litel spyr”
    https://en.wikipedia.org/wiki/Troilus_and_Criseyde

    rogerglewis
    on February 21, 2020 at 11:03 am said:
    Your comment is awaiting moderation.
    191.
    But as we may ourselves any day see,

    the more the wood or coal, the more the fire,

    just so increase of hope, from wherever it be,

    full often with it increases the desire:

    just as an oak comes from a little spire,

    so through this letter, which she sent,

    the desire increased, with which he burnt.

    Like

  3. rogerglewis
    on February 21, 2020 at 9:27 am said:
    Honest money that is not created as debt is the start of an answer. It will not solve the ECOE issue but it will allow proper Market pricing. Dishonest money excludes the possibility of Free markets and indeed a form of competitive capitalism or/and indeed Liberty in the conservative political sense.

    John Doyle
    on February 21, 2020 at 12:56 pm said:
    all money is debt. no debt = no money. super simple and cast iron.

    drtimmorgan
    on February 21, 2020 at 1:01 pm said:
    My version, of course, is that all money is ‘claim’.

    rogerglewis
    on February 21, 2020 at 1:18 pm said:
    Your comment is awaiting moderation.
    John, Money represents an IOU. When I refer to Debt-based money I refer to money created at interest without the Interest component, this story and my use of the phrase Debt-based money is told in letters parable of the 11th round.

    http://www.lietaer.com/2010/09/the-story-of-the-11th-round/

    A credit-based money of commerce is very different to a Debt based money of commerce and the use of Tims all money is a claim is a good starting point.

    The second question that arises is that of asymmetric risk or skin in the game.

    Like

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