Opinion from a Libertarian ViewPoint

Posts Tagged ‘Paris Agreement’ What Bill Gates is Really Up To

Posted by M. C. on February 23, 2021

“I have no problem with a guy making investments wherever he wants, that is the American way. But when such an investor attempts to sway governments to move the entire world, through regulation, in a direction that will benefit him that is a different story. It appears we are at the “different story” stage when it comes to Bill Gates.”

No doubt the plan is to turn the land into producing crops that will be the ingredients of the fake hamburgers that he says rich countries must adopt.

Look for climate lockdown.

Bill Gates is out with a new book, How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need

He is hitting the talk show circuit promoting the book and the idea that the planet is headed for a major climatological disaster that will end the human species.

Setting aside as to whether or not there is some climatological disaster developing, Gates’ book should really be named “How I Plan to Make Even More Billions By Getting Governments to Fund Every Mad Scheme I Have Invested In”.

Gates would like for you to think of him as the sweater-wearing billionaire next door.

The only association he lists on his LinkedIn page is the Bill & Melinda Gates Foundation.

In reality, he is running vast enterprises in many sectors of the economy.

He has invested in a company that is trying to produce lab-made “breast” milk.

He is now the owner of more farmland than anyone else in the United States:

No doubt the plan is to turn the land into producing crops that will be the ingredients of the fake hamburgers that he says rich countries must adopt.

Since he runs his operations privately, it is difficult to know everything he is invested in but it appears that everything he is promoting that is visible (along with his demands for government action) is usually tied up with massive personal investments made by him.

One sector where he has vast investments, that may be too difficult to hide since he has brought on too many billionaire buddies as partners, is the energy sector. With so many partners, something might leak so he is being a bit transparent about his investments.

He even mentions offhandedly his energy enterprise, Breakthrough Energy, in his new book and reports how he roped in his billionaire pals to join him, curiously, just before the Paris Agreement was signed:

In September, two months before the Paris conference started, I emailed two dozen wealthy acquaintances, hoping to persuade them to commit venture funding to complement the government’s new money for research. Their investments would need to be long-term – energy breakthroughs that can take decades to develop – and they would have to tolerate a lot of risk. To avoid the potholes that the venture capitalists had run into, I committed to help build a focus team of experts who would vet the companies and help them navigate the complexities of the energy industry.

I was delighted by the response. The first investor said yes in less than 4 hours. By the time the Paris conference kicked off two months later, 26 more had joined, and we had named it the Breakthrough Energy Coalition. Today, the organization now known as Breakthrough Energy includes philanthropic programs, advocacy efforts, and private funds that have invested in more than 40 companies with promising ideas.

Note he is clearly talking about investments here and not non-profit donations. 

So just who might be in this group that Gates summoned via email to send checks?

Breakthrough Energy lists as among its investors:

  • Jeff Bezos, (founder of Amazon and owner of The Washington Post)
  • Saudi billionaire HRH Prince Alwaleed bin Talal
  • Michael Bloomberg, founder and owner of Bloomberg News
  • Richard Branson
  • The manager of the largest hedge fund in the world, Ray Dalio
  • Reid Hoffman, co-founder of Linked-In
  • Abigail P. Johnson, chairman of the parent company of the Fidelity mutual fund company 
  • Jack Ma of Alibaba Group
  • David Rubenstein of The Carlyle Group
  • Ben & Lucy Ana Walton (WalMart)

It is quite the list. With this group as part of his investment team, he has some pretty serious players who now have an incentive to not promote a narrative about climate change that is different from that of Gates.
Oh, and by the way,  Breakthrough Energy has ten senior “policy advocates.” Yes, ten, including the following who are all Washington D.C. based:

  • Allison Zelman, Director, U.S. Policy and Advocacy, has worked in three Presidential cycles, in senior roles on the Hillary Clinton campaign and both Obama Presidential campaigns. She founded the Obama Alumni Association and lives in Washington, D.C.
  • Conor Hand, Manager, U.S. Policy and Advocacy, among other work has done stints with Bernie 2016, and the Chan Zuckerberg Initiative.
  • Robin Millican, Director, U.S. Policy and Advocacy, was a senior strategy consultant at Booz Allen Hamilton.
  • Abigail Regitsky, Senior Associate, U.S. Policy and Advocacy, was professional staff for the majority on the House Select Committee on the Climate Crisis
  • Cristina Shoffner, Associate, U.S. Policy and Advocacy, worked as policy advisor to U.S. Senator Debbie Stabenow and Senate Democratic Leadership and prior to her Senate work, she was appointed to the White House Council on Environmental Quality under President Obama.

Got the picture? From this one Gates operation alone, there is a massive high-level influence operation promoting the Gates “the world is coming to an end” theme with a slew of billionaires backing the operation.
Here are the firms Breakthrough Energy has publicly disclosed it has investments in:

  • 1366 Technologies, a solar wafer company
  • 75F, a smart sensor company
  • Arnergy, replaces foosil fuel generators with modularized solar +lithium ion storage systems in emerging markets
  • Baseload Capital, invests in sustainable heat power plants
  • Biomilq, cultured breastmilk production
  • Boston Metal, produces steel with less CO2 emissions
  • C16, produces sustainable alternatives to palm oil using biotechnology
  • Carbon Cure, decarbonizes concrete
  • CommonWealth Fusion Systems, fusion energy
  • DMC,  microbial fermentation
  • enVerid, an air quality company
  • ESS, specializes in a “cleaner future”
  • Fervo Energy, a geothermal energy company
  • Form Energy, long duration energy storage
  • KoBold Metals, increases “ethical” supply of battery storage
  • Lilac Solutions, transforming lithium production from brine resources to enable exponential growth of electric vehicles
  • Malta, grid scale energy storage
  • Max, building technology infrastructure and financial services for urban mobility in Africa
  • Motif, A food ingredients company offering sustainable alternative proteins and ingredient solutions for innovative food producers
  • Natel Energy, Delivering sustainable, reliable, renewable energy from moving water with innovations that restore and reconnect watersheds
  • Natures Fynd, a food tech company producing a new-to-the-world sustainable protein
  • Pachama, unlocking the full potential of forests to remove carbon using AI and satellites
  • Pivit Bio,  a new source of nitrogen for regenerative agriculture
  • Quantumscape, reinventing the battery for electric vehicles
  • Quidnet, powers the carbon-free electric grid with long duration Geomechanical Pumped Storage
  • Redwood, building a sustainable future by creating circular supply chains, turning waste into profit and solving the environmental impacts of new products.
  • Sierra Energy, “The path to zero waste”
  • Source, perfect water for every person in every place by making drinking water an unlimited resource around the world. 
  • SparkMeter offers grid-management solutions that enable utilities in emerging markets to run financially-sustainable, efficient, and reliable systems. 
  • ZeroAvia, “the first practical zero-emission aviation powertrain.”

Just take a look at the above list again, Gates has every possible anti-fossil fuel angle covered.
Every time, he is promoting his climate disaster theme because of fossil fuels, he is pushing spending in the direction of the companies above.
I can’t even imagine the amount of money he is pumping into these companies with his crony buddies. Remember, Gates alone is worth $129 billion. It would be nothing for him to pump in a billion dollars on his own. Combined with his buddies, it must be an enormous amount of money.
And who knows what Gates has invested in other sectors where he feels no pressure to disclose.
I have no problem with a guy making investments wherever he wants, that is the American way. But when such an investor attempts to sway governments to move the entire world, through regulation, in a direction that will benefit him that is a different story. It appears we are at the “different story” stage when it comes to Bill Gates.

Be seeing you

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Two Years After Trump’s Exit from the Paris Agreement, It’s Proven To Be a Farce | Mises Wire

Posted by M. C. on June 6, 2019

Paris Agreement Was Going to “Fail” Even On Its Own Terms

The most important point to emphasize is that the Paris Agreement was not going to deliver humanity from the scourge of climate change, if we stipulate the alarmist rhetoric for the sake of argument. From the website, here is the latest estimate of the Paris pledges and the implied level of global warming through the year 2100:


As the figure shows, even if all of the countries (including the U.S., which is still technically part of the Agreement) met their Paris pledges, warming is projected to hit 3.0 degrees Celsius—well beyond the “safe” levels of either 1.5 or at most 2.0 degrees, which are the now-fashionable targets.

What’s worse, the figure also shows that the actual policies now in place will yield projected warming of 3.3 degrees Celsius, because it’s easier to promise to do something than to actually do it…

Empty Pledges Are a Feature, Not a Bug

Now to be sure, the fans of the Paris Agreement would dismiss my criticism above, by arguing that once the basic framework of a global agreement is in place, then we can tighten down the screws and get some serious emission reductions.

Yet this is foolish optimism. The only reason so many countries signed up for Paris is that the pledges were non-binding, and beyond that, in many cases the pledges were virtually meaningless.

For example, Oren Cass back in 2015 explained that the “Intended National Determined Contributions” (INDC) of India and China were arguably less ambitious than what would probably happen under business-as-usual. In other words, India and China’s initial “bids” for what they could do to help in the battle against climate change, involved no actual sacrifice since it’s normal for countries to reduce their emissions-per-unit-of-GDP over time.

Even more hilarious, in a 2017 article Cass quoted from Pakistan’s pledge, which was “committed to reduce its emissions after reaching peak levels to the extent possible.” If you think about it, every country could quite confidently make such a pledge: Once emissions reach their peak, they would come down thereafter. That’s why the peak level would be a peak, after all.

To repeat, this is not a coincidence. The only way to get all of the governments of the world to sign on to Paris, was for them each to realize that they weren’t actually on the hook for anything…

Just look at the squabbling and chaos as more and more governments experience voter backlash against restrictions on conventional energy. Here’s how a lamenting New York Times article explained the situation back in December:

In August [2018], an effort in Australia to transition away from coal…resulted in the ouster of the prime minister. The man who succeeded him, Scott Morrison, endeared himself to the industry by bringing a lump of coal into Parliament.

In November, Brazilians elected Jair Bolsonaro, who had pledged to promote agribusiness interests in the Amazon forest…

In Poland, the host country of the latest United Nations talks, the right-wing president, Andrzej Duda, opened the negotiations by saying flatly that his country did not intend to abandon coal.

…Emissions in China have grown for the past two years, signaling the difficulties of shifting the country away from its coal-dependent industrial economy. Germany is having a hard time moving away from lignite because of political opposition in the country’s coal-rich east. The French president, Emmanuel Macron, faces unrest at home over a layer cake of taxes that working-class people say burdens them unfairly.

As the examples above indicate—and they ignore the plunging fortunes of aggressive climate action in Canada too—this is certainly not the fault of Donald Trump. Around the world, the natives are getting restless, and finally saying “enough is enough” to the technocratic “solutions” that drive up energy prices without even solving the ostensible problem of climate change.


President Trump has followed through on his campaign promises to roll back counterproductive regulations on energy, far more than most of us thought would be politically feasible. The Paris Agreement never had a chance of seriously denting global emissions, and all along has been a vehicle to redistribute wealth, to the tune of trillions of dollars, as I explained here at IER several years ago.

Since even the most ardent environmental activists admit that the Paris Agreement hasn’t come close to “solving” the problem of climate change, they should actually be thanking Trump for being the first to announce that it doesn’t work and ending this farce.

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stuck in ice



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REAL climate science shows Trump was right to Exit Paris | Watts Up With That?

Posted by M. C. on July 11, 2017

The Professor’s assertion is also logically invalid, since the Paris Agreement permits China, India and other developing countries to industrialize and burn fossil fuels, with no limit on their emissions and no date by which they must stop. That means major energy and economic sacrifices by the USA and other industrialized nations would not “save humanity” even if the “dangerous manmade global warming” hypothesis were true.

The Paris treaty is not about climate change

In actual intent and practice, the Paris Agreement is a political tool for suppressing growth, instituting global governance over energy use and economic growth, and redistributing wealth.

Dr. Rajendra Pachauri, former chairman of the IPCC, clearly spelled out that aim. Ms. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change until last year, openly stated that it was not about climate but that, for the first time, it gave them the tools to replace capitalism. Former UNFCCC section director Ottmar Edenhofer bluntly said climate agreements are actually about how “we de factoredistribute the world’s wealth by climate policy.”

So whenever you hear about a new climate change agreement, think “Screw US”.

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