An Inconvenient Truth: Global Warming is All About The Money

So, you think the global warming alarmists are actually concerned about the environment or the future of the planet? Think again, for a recent funds request from the World Bank to solve this “problem” should clue you in as to what is really going on with those advancing theories emanating from junk science.

As reported by Reuters (emphasis mine throughout): “The World Bank wants to breathe life back into a mooted $10 billion-plus fund to combat climate change which would need public and private sector backing, its Chief Scientist Robert Watson told Reuters on Tuesday.”

What’s the money needed for, you ask:

Tackling climate change is in many ways an energy problem -- and there are big up-front costs to install the energy saving kit and other technologies that would curb emissions of greenhouse gases from burning fossil fuels.

Developing countries especially need to clean up -- or de-carbonise -- their energy, given their emissions are seen overtaking rich nations soon after 2010, and because they are installing huge new capacity to power their breakneck growth.

Funding for poor countries now includes the Global Environment Facility (GEF), which has 30-plus donor countries, and carbon trading under the Kyoto Protocol, which expires in 2012, but these are not nearly enough, said Watson.

The World Bank's idea is for a fund which will lend money on soft terms to poor nations to help them cut emissions, getting in return interest payments plus carbon credits equivalent to the amount of the emissions reductions, which the fund could then sell on.

Getting the picture? Think our media will push for our tax dollars to fund this kind of a program, or any other that comes down the pike?

In the end, folks, global warming hysteria is all about taking money from wealthy countries and allowing international organizations to manage and redistribute them. Saving the planet is just the ruse necessary to convince the addle-minded that it makes sense.

Noel Sheppard
Noel Sheppard
Noel Sheppard, Associate Editor of NewsBusters, passed away in March of 2014.