GOV/MIL Main "Great Reset" Thread

marsh

On TB every waking moment

Biden's Infrastructure Bill, Now Signed Into Law, Mandates "Vehicle Kill Switches" By 2026

TUESDAY, JAN 18, 2022 - 09:30 PM

The rumors we first reported on back in December have turned out to be true: the United States federal government is apparently in the process of trying to force automakers to install kill switches in their vehicles that authorities can use to shut down any newer vehicle.

The law comes as part of President Biden's infrastructure bill, which was recently signed into law, according to Yahoo. The government kill switch is - like all good thefts of civil liberties - being positioned as a "safety measure". The mandate needs to be put into effect by 2026, Muscle Cars & Trucks reported.

We noted last month that former Rep. Bob Barr, writing for The Daily Caller, called the measure included in the bill "disturbingly short on details", but for the fact that the proposed device must “passively monitor the performance of a driver of a motor vehicle to accurately identify whether that driver may be impaired.”

Which, of course, is code for some kind of device that is constantly on and monitoring your vehicle - and will likely have the power to shut down your vehicle anytime it wants.

"This is a privacy disaster in the making, and the fact that the provision made it through the Congress reveals — yet again — how little its members care about the privacy of their constituents," The Daily Caller wrote.


It appears that in President Biden's future, not only will you not be in charge of your own personal health decisions, but you also won't be in charge of whether or not you can fire up your car, which you bought with your hard-earned money, to drive it somewhere, when you deem fit.

That decision will now "rest in the hands of an algorithm", the report said. Similar monitoring and control devices have faced constitutional opposition, the report notes, "notably with the 5th Amendment’s right to not self-incriminate, and the 6th Amendment’s right to face one’s accuser."

Barr concluded: "Unless this regulatory mandate is not quickly removed or defanged by way of an appropriations rider preventing its implementation, the freedom of the open road that individual car ownership brought to the American Dream, will be but another vague memory of an era no longer to be enjoyed by future generations."
 

marsh

On TB every waking moment

Exxon Says It'll Reach Net-Zero Carbon Emissions By 2050

TUESDAY, JAN 18, 2022 - 02:00 PM

In a bold statement from an oil and gas major, Exxon has come out and pledged that it will be at net zero carbon emission by 2050. The pledge helps Exxon keep pace with rivals, according to CNBC, and also helps appease activist investors who have focused on Exxon's carbon footprint and ESG score as an investment for the last few years.

The pledge applies to Scope 1 and Scope 2 greenhouse gas emissions, Bloomberg added, stating that the company had "identified more than 150 potential steps and modifications that can be applied to assets in its upstream, downstream and chemical operations."

Exxon Chief Executive Officer Darren Woods said this week: “We are developing comprehensive roadmaps to reduce greenhouse gas emissions from our operated assets around the world."

Exxon says it is “working with our partners to achieve similar emission-reduction results”.


Recall, in December, we noted that Exxon was on track to meet its 2025 emissions goals 4 years in advance.

In Exxon's full plan, which can be found on its website here, the company said it "plans to increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments."



Bloomberg also noted that Exxon confirmed "it was on track to meet its 2025 greenhouse gas emission-reduction plans by year-end 2021, four years ahead of schedule."



Turning to financials, the oil supermajor said it plans on maintaining capital investments between $20 to $25 billion, per year, through 2027.

The company also said it has repaid $11 billion in debt, to date, in 2021. Exxon says it'll be "comfortably" in its range of targeted debt-to-capital ratio by year end.



These plans, of course, follow our reporting in October that the company was considering abandoning some of its oil and gas projects to appease environmental advocates.

The company's board, we noted in October, which includes three directors nominated by activist investors, had "expressed concerns about certain projects, including a $30 billion liquefied natural gas development in Mozambique and another multibillion-dollar gas project in Vietnam."

The change in strategic direction comes as Exxon's board is facing growing pressure from investors to restrain its fossil fuel investments and limit its carbon footprint. The board is also considering the carbon footprint of the new projects, and how they would affect the company's ability to meet environmental promises it has made.

Back in September we reported that as part of appeasement of the ESG lobby, the oil giant planned on implementing disclosures of shale emissions. The company announced it would start measuring its methane emissions from production of natural gas at a facility it owns in New Mexico. Exxon joins other shale gas producers, like EQT, who already provide similar data.

Bart Cahir, a senior vice president at Exxon Mobil, told Reuters: "Certifying our natural gas will help our customers achieve their goals." The oil major has signed an agreement with "independent measuring firm MiQ to certify 200 million cubic feet of natural gas per day" at its New Mexico facilities.
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=NujuTcW4gXE
12:30 min

'TERRIFYING': Thanks to The Great Reset, could CHINA be our future?

Jan 18, 2022


Glenn Beck


The Davos Agenda 2022 began virtually this week, and Klaus Schwab, Executive Chairman of the World Economic Forum, began by introducing the opening speaker: China’s President Xi. Why him? Because China is the GOAL for Great Reset proponents, Glenn explains...which makes it ‘truly terrifying’ to see how many businesses and corporations are following suit...
 

marsh

On TB every waking moment
World Economic Forum meeting (continued)

Meeting the Challenge of Vaccine Equity
Speakers: Julia Chatterley, Gabriela Bucher, Michael Ryan, Adar C. Poonawalla, Seth F. Berkley, John Nkengasong Video 45:48 min
January 18, 2022

The rapid development of COVID-19 vaccines is a scientific achievement for the ages. But the failure to ensure universal global distribution risks not only bad health outcomes but also economic upheaval and geopolitical tensions.

What can be done to ensure vaccines are available to all who want them in the year to come?

Day 2

From trust to tech: Day 2 at The Davos Agenda 2022
  • Day 2 at The Davos Agenda 2022 heard from the Prime Ministers of Israel and Japan.
  • It also features sessions on the global social contract and COVID-19 vaccines.
  • Here are just three key talking points from today.
Today at The Davos Agenda we've heard from Naftali Bennett, Prime Minister of Israel and Kishida Fumio, Prime Minister of Japan, in two special addresses.

We also featured sessions on the global social contract and vaccine equity.
If you missed it, here are three of the key takeaways.
Have you read?
A new economic and social future?
The COVID-19 pandemic has left significant marks on all parts of our lives - from health to work to economics. So what comes next as we recover?
"We're in a tremendous moment of change," Nicolas Schmit, Commissioner for Jobs and Social Rights, European Commission told The Davos Agenda.
The pandemic has not lessened the need to tackle other challenges - notably climate change, he said.

View: https://youtu.be/wI4cb-ZTTDs
.34 min
Nicolas Schmit

But, it's important that we get economic and social recovery right, particularly in more vulnerable countries, said Nadia Calviño, Deputy Prime Minister and Minister for Economy and Digitalization of Spain.

View: https://youtu.be/wyw-ynzmE7Y
.59 min

So what should the recovery look like? Well, as Calviño said it needs to be equitable.
For example, as Jonas Prising, the Chairman and Chief Executive Officer of ManpowerGroup, explained, we need to address deep-rooted inequalities in the labour market.

View: https://youtu.be/42xxy_09UPk
.48 min

We need to move from shareholder to stakeholder capitalism, said Svein Tore Holsether, President and Chief Executive Officer, Yara International ASA. This isn't just needed, it's expected, he added.

View: https://youtu.be/a7b5ZC9GEZ4
1:08 min

Prime Minister Kishida Fumio also looked towards the future of capitalism, calling for a new form of liberal democratic capitalism, balancing economic growth and distribution, in his special address.

View: https://youtu.be/wzW9W_YkBww
.36 min

The public and private sectors will need to work together to achieve this, he explained.

View: https://youtu.be/Imcy5ul7l_A
1:09 min

Rebuilding trust
But these changes won't happen without trust - a topic that emerged in sessions across The Davos Agenda today.

Whether in response to the pandemic - 'one of the most scarce commodities' Dr Mike Ryan, Executive Director of the WHO's Health Emergencies Programme explained - or, as Sharan Burrow, General Secretary of the International Trade Union Confederation, said, in putting in place a new social contract, speakers today were clear - work is needed to rebuild trust.

View: https://youtu.be/DN1qp-sZHjU
.50 min

The private sector has a key role to play here, explained Sam McCracken of Nike N7 at the Schwab Foundation for Social Entrepreneurship’s Social Innovators of the Year 2022 award announcement.

And, at the same session, Hahrie Han, the Director of SNF Agora Institute at Johns Hopkins University, said we can rebuild trust if people are offered the opportunity to become architects of their own future.

Read more on trust here.

The role of technology
From COVID-19 to climate change, technology is set to play a role in a variety of sectors.
Prime Minister Naftali Bennett explained that innovation will be key if we're to avert a climate disaster.

View: https://youtu.be/-DJx38yFlV0
1:38 min

Technology, in particular data and insights, has also played a key role in tackling the COVID-19 pandemic, he explained.

View: https://youtu.be/c_Y4YeMcACM
.49 min

It's not without its risks though - remote working has highlighted cybersecurity threats.
But, the COVID-19 pandemic has also revealed the power of digitalization in solving challenges in Japan, for example, an ageing population, Prime Minister Kishida Fumio said.

View: https://youtu.be/uTyGCrodE_w
.51 min

1642586252829.png

Stepping stones towards global cooperation
Will 2022 be a year of greater competition or greater collaboration?
The call for cooperation has been a recurring theme of this week's virtual Davos Agenda. Leaders from both the public and private sectors have made the case that when we come together we have the potential to overcome the most pressing issues facing the world.
The common thread over the course of the pandemic has been that when leaders have coordinated efforts, progress followed. But when companies or countries pursued self interest, global challenges mounted.
—Børge Brende President, World Economic Forum

The World Economic Forum's Global Action Group today calls for reshaping the global context so that it supports rather than hinders cooperation.

Read more from the World Economic Forum's President, Børge Brende, on the stepping stones to global collaboration here.

Mari Elka Pangestu, Managing Director, Development Policy and Partnerships, World Bank Group, and Samir Saran, President, Observer Research Foundation (ORF), argue that the world must invest now to build a green, resilient, inclusive economy. They outline a path to a Green, Resilient and Inclusive Development (GRID) approach.
This approach sets a recovery path that maintains a line of sight to long-term development goals; recognizes the interconnections between people, the planet, and the economy; and tackles risks in an integrated way.
—Mari Elka Pangestu and Samir Saran

Read their article here.

The private sector also has a key role to play, according to: Dina Powell McCormick, Global Head, Sustainability and Inclusive Growth; Global Head, Sovereign Business, Goldman Sachs & Co. LLC, and Vali R. Nasr, Professor of International Relations, Paul H. Nitze School of Advanced International Studies (SAIS), Johns Hopkins University.

Private-public-partnerships have created change where policy alone would have fallen short. With so many climate transition and inclusive growth challenges facing us today, such innovation is not a “nice to have,” it’s a “must have.”
—Dina Powell McCormick and Vali R. Nasr
Read their article here.

This is what the future of cybersecurity looks like
The World Economic Forum’s Centre for Cybersecurity has just published its Global Cybersecurity Outlook 2022, bringing together insights and key findings from more than 120 global cyber leaders, and highlighting their perceptions, concerns, and projections.
The Outlook reveals three main perception gaps between security-focused executives and business executives - prioritizing cyber in business decisions, gaining leadership support for cybersecurity, and recruiting and retaining cybersecurity talent.

(More on website)
 

marsh

On TB every waking moment
^^^^^^^^^^^^
World Economic Forum meeting (continued)

Day 3

Coming up on Day 3
It's the middle of the week at The Davos Agenda. We've heard from leaders from across the globe already, but there's more to come. Here's what you need to keep an eye out for today.

Sessions
⏰ 1300-1345 CET - Special Address by Olaf Scholz, Federal Chancellor of Germany
⏰ 1300-1345 CET - Navigating the Energy Transition
⏰ 1600-1715 CET - Latin America Outlook
⏰ 1745-1830 CET - Accelerating and Scaling Up Climate Innovation

Launching today
Quantum Computing Governance Principles -
as investment booms in quantum computing, a new insight report offers best practice governance principles for future design and adoption. Read it here.
 

vector7

Dot Collector
NEW - Bill Gates advocates for aggressive policies and carbon taxes to drive demand for "clean products" at Klaus Schwab's World Economic Forum.

Gates: Some of them (companies) will fail, a lot of them will fail. :chuckles:

But we only need a few dozen to make it through (to the Great Reset) that's what we have to accelerate.


Aggressive carbon tax policies.
Hmm....
How could countries achieve this?
Maybe through a social credit pass and QR code that tracks your CO2 spending and provides citizens with a CO2 budget?
RT 1:34secs
View: https://twitter.com/StijnCop86/status/1483872709750755334?s=20
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=5OJfwaVFzgM
13:28 min

Why the World Economic Forum IS VERY POWERFUL | Glenn TV Preview

Jan 19, 2022


Glenn Beck


Former Twitter CEO Jack Dorsey recently tried to convince his followers that there’s no use discussing the World Economic Forum because it’s ‘useless.’ But that couldn’t be further from the truth. In this clip, Glenn explains just how powerful the WEF truly is and why — because of its insane amount of political power and control — trillions of dollars around the world are at stake.
 

marsh

On TB every waking moment

To Punish Poor People Creepy Bill Gates Proposes Carbon Taxes at World Economic Forum (VIDEO)

By Jim Hoft
Published January 19, 2022 at 1:05pm

bill-gates-world-economic-forum.jpg

Is he really this evil?

Creepy Bill Gates pushed for carbon taxes today at the World Economic Forum.
He wants to punish the poor and middle class.


There may not be any humans dying from global warming but they’ll certainly freeze in the winter when they can’t afford to heat their homes.

Go away, Bill Gates.

Via Midnight Rider.
Rumble video 1:34 min
 

marsh

On TB every waking moment

The Last Days Of The COVIDian Cult

WEDNESDAY, JAN 19, 2022 - 10:45 PM
Authored by CJ Hopkins via The Consent Factory,

This isn’t going to be pretty, folks. The downfall of a death cult rarely is. There is going to be wailing and gnashing of teeth, incoherent fanatical jabbering, mass deleting of embarrassing tweets. There’s going to be a veritable tsunami of desperate rationalizing, strenuous denying, shameless blame-shifting, and other forms of ass-covering, as suddenly former Covidian Cult members make a last-minute break for the jungle before the fully-vaxxed-and-boosted “Safe and Effective Kool-Aid” servers get to them.



Yes, that’s right, as I’m sure you’ve noticed, the official Covid narrative is finally falling apart, or is being hastily disassembled, or historically revised, right before our eyes. The “experts” and “authorities” are finally acknowledging that the “Covid deaths” and “hospitalization” statistics are artificially inflated and totally unreliable (which they have been from the very beginning), and they are admitting that their miracle “vaccines” don’t work (unless you change the definition of the word “vaccine”), and that they have killed a few people, or maybe more than a few people, and that lockdowns were probably “a serious mistake.”

I am not going to bother with further citations. You can surf the Internet as well as I can. The point is, the “Apocalyptic Pandemic” PSYOP has reached its expiration date. After almost two years of mass hysteria over a virus that causes mild-to-moderate common-cold or flu-like symptoms (or absolutely no symptoms whatsoever) in about 95% of the infected and the overall infection fatality rate of which is approximately 0.1% to 0.5%, people’s nerves are shot.

We are all exhausted. Even the Covidian cultists are exhausted. And they are starting to abandon the cult en masse.

It was always mostly just a matter of time. As Klaus Schwab said, “the pandemic represent[ed] a rare but narrow window of opportunity to reflect, reimagine, and reset our world.”



It isn’t over, but that window is closing, and our world has not been “reimagined” and “reset,” not irrevocably, not just yet. Clearly, GloboCap underestimated the potential resistance to the Great Reset, and the time it would take to crush that resistance. And now the clock is running down, and the resistance isn’t crushed … on the contrary, it is growing. And there is nothing GloboCap can do to stop it, other than go openly totalitarian, which it can’t, as that would be suicidal. As I noted in a recent column:
“New Normal totalitarianism — and any global-capitalist form of totalitarianism — cannot display itself as totalitarianism, or even authoritarianism. It cannot acknowledge its political nature. In order to exist, it must not exist. Above all, it must erase its violence (the violence that all politics ultimately comes down to) and appear to us as an essentially beneficent response to a legitimate ‘global health crisis’ …”
The simulated “global health crisis” is, for all intents and purposes, over. Which means that GloboCap has screwed the pooch. The thing is, if you intend to keep the masses whipped up into a mindless frenzy of anus-puckering paranoia over an “apocalyptic global pandemic,” at some point, you have to produce an actual apocalyptic global pandemic. Faked statistics and propaganda will carry you for a while, but eventually people are going to need to experience something at least resembling an actual devastating worldwide plague, in reality, not just on their phones and TVs.

Also, GloboCap seriously overplayed their hand with the miracle “vaccines.” Covidian cultists really believed that the “vaccines” would protect them from infection. Epidemiology experts like Rachel Maddow assured them that they would:
“Now we know that the vaccines work well enough that the virus stops with every vaccinated person,” Maddow said on her show the evening of March 29, 2021.
“A vaccinated person gets exposed to the virus, the virus does not infect them, the virus cannot then use that person to go anywhere else,” she added with a shrug. “It cannot use a vaccinated person as a host to go get more people.”
And now they are all sick with … well, a cold, basically, or are “asymptomatically infected,” or whatever. And they are looking at a future in which they will have to submit to “vaccinations” and “boosters” every three or four months to keep their “compliance certificates” current, in order to be allowed to hold a job, attend a school, or eat at a restaurant, which, OK, hardcore cultists are fine with, but there are millions of people who have been complying, not because they are delusional fanatics who would wrap their children’s heads in cellophane if Anthony Fauci ordered them to, but purely out of “solidarity,” or convenience, or herd instinct, or … you know, cowardice.

Many of these people (i.e., the non-fanatics) are starting to suspect that maybe what we “tin-foil-hat-wearing, Covid-denying, anti-vax, conspiracy-theorist extremists” have been telling them for the past 22 months might not be as crazy as they originally thought. They are back-pedaling, rationalizing, revising history, and just making up all kinds of self-serving bullshit, like how we are now in “a post-vaccine world,” or how “the Science has changed,” or how “Omicron is different,” in order to avoid being forced to admit that they’re the victims of a GloboCap PSYOP and the worldwide mass hysteria it has generated.

Which … fine, let them tell themselves whatever they need to for the sake of their vanity, or their reputations as investigative journalists, celebrity leftists, or Twitter revolutionaries. If you think these “recovering” Covidian Cult members are ever going to publicly acknowledge all the damage they have done to society, and to people and their families, since March 2020, much less apologize for all the abuse they heaped onto those of us who have been reporting the facts … well, they’re not. They are going to spin, equivocate, rationalize, and lie through their teeth, whatever it takes to convince themselves and their audience that, when the shit hit the fan, they didn’t click heels and go full “Good German.”

Give these people hell if you need to. I feel just as angry and betrayed as you do. But let’s not lose sight of the ultimate stakes here. Yes, the official narrative is finally crumbling, and the Covidian Cult is starting to implode, but that does not mean that this fight is over. GloboCap and their puppets in government are not going to cancel the whole “New Normal” program, pretend the last two years never happened, and gracefully retreat to their lavish bunkers in New Zealand and their mega-yachts.

Totalitarian movements and death cults do not typically go down gracefully. They usually go down in a gratuitous orgy of wanton, nihilistic violence as the cult or movement desperately attempts to maintain its hold over its wavering members and defend itself from encroaching reality. And that is where we are at the moment … or where we are going to be very shortly.

Cities, states, and countries around the world are pushing ahead with implementing the New Normal biosecurity society, despite the fact that there is no longer any plausible justification for it. Austria is going ahead with forced “vaccination.” Germany is preparing to do the same. France is rolling out a national segregation system to punish “the Unvaccinated.”

Greece is fining “unvaccinated” pensioners. Australia is operating “quarantine camps.”

Scotland. Italy. Spain. The Netherlands. New York City. San Francisco. Toronto. The list goes on, and on, and on.

I don’t know what is going to happen. I’m not an oracle. I’m just a satirist. But we are getting dangerously close to the point where GloboCap will need to go full-blown fascist if they want to finish what they started. If that happens, things are going to get very ugly. I know, things are already ugly, but I’m talking a whole different kind of ugly. Think Jonestown, or Hitler’s final days in the bunker, or the last few months of the Manson Family.

That is what happens to totalitarian movements and death cults once the spell is broken and their official narratives fall apart. When they go down, they try to take the whole world with them. I don’t know about you, but I’m hoping we can avoid that. From what I have heard and read, it isn’t much fun.
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=bbNcx4rsAfk
1:00:07 min

The Great Reset: Joe Biden and the Rise of 21st-Century Fascism

Premiered 3 hours ago


BlazeTV


The Great Reset is not just an elitist idea — it’s not even a socialist utopian concept. It’s a real-world fascist threat to every American from Wall Street to Main Street. It’s happening now in policies and cultural shifts big and small, obvious and subtle, from environmental promises to corporations going woke. But the mainstream media, global elites, and politicians brushed off the Great Reset as “nothing to see here.” Another myth they push: “The World Economic Forum is just a conference for elites who have no REAL power.” Glenn first exposed the Great Reset almost two years ago, and the globalist cries of "conspiracy theorist" soon followed. They said he believed the WEF was a “master cabal calling the shots from some evil underground lair.” But Glenn Beck never said that. Instead, he uncovered the true intentions of global leaders in finance and politics by simply highlighting their own words. This week, the same global elites are doubling down on their agenda at the World Economic Forum’s Davos Agenda virtual event. But still, the global elites — like Twitter’s Jack Dorsey — are trying to downplay the WEF’s influence to stop people like us from interfering with their plans. The oligarchy will prosper in the new world order they’ve designed. You will not. So Glenn unveils a master chalkboard based on his best-selling new book to outline the threats from globalists and why we must stop their agenda if we hope to keep the precious freedoms we still have.
 

glennb6

Inactive
View: https://www.youtube.com/watch?v=bbNcx4rsAfk
1:00:07 min

The Great Reset: Joe Biden and the Rise of 21st-Century Fascism

Premiered 3 hours ago


BlazeTV


The Great Reset is not just an elitist idea — it’s not even a socialist utopian concept. It’s a real-world fascist threat to every American from Wall Street to Main Street. It’s happening now in policies and cultural shifts big and small, obvious and subtle, from environmental promises to corporations going woke. But the mainstream media, global elites, and politicians brushed off the Great Reset as “nothing to see here.” Another myth they push: “The World Economic Forum is just a conference for elites who have no REAL power.” Glenn first exposed the Great Reset almost two years ago, and the globalist cries of "conspiracy theorist" soon followed. They said he believed the WEF was a “master cabal calling the shots from some evil underground lair.” But Glenn Beck never said that. Instead, he uncovered the true intentions of global leaders in finance and politics by simply highlighting their own words. This week, the same global elites are doubling down on their agenda at the World Economic Forum’s Davos Agenda virtual event. But still, the global elites — like Twitter’s Jack Dorsey — are trying to downplay the WEF’s influence to stop people like us from interfering with their plans. The oligarchy will prosper in the new world order they’ve designed. You will not. So Glenn unveils a master chalkboard based on his best-selling new book to outline the threats from globalists and why we must stop their agenda if we hope to keep the precious freedoms we still have.
I also posted this vid and comment in Alternative (Misc) Topics
 

marsh

On TB every waking moment
World Economic Forum The Davos Agenda

Special Address by Ursula von der Leyen, President of the European Commission
Speakers: Ursula von der Leyen, Klaus Schwab (no run time given)

Day 3

Going green on Day 3 of The Davos Agenda
Well, we're more than halfway through The Davos Agenda. Today we heard from Olaf Scholz, the new Federal Chancellor of Germany, in a special address.

We also hosted sessions on Latin America - featuring the Presidents of Colombia, Costa Rica, Ecuador, Guatemala and Peru - the energy transition, and accelerating climate innovation, featuring Bill Gates, John Kerry and more.

It was a day that featured plenty of discussions on the future of the environment and our planet. Here are 3 key takeaways.

Global collaboration and action
"We will no longer wait for the slowest and least ambitious," Chancellor Olaf Scholz said. Climate action must become a competitive advantage, he added.
We need a paradigm shift in global climate policy.
It was a day that featured plenty of discussions on the future of the environment and our planet. Here are 3 key takeaways.

View: https://youtu.be/FKKiD7n2FFs
.42 min

John Kerry, the US Special Presidential Envoy for Climate, was also clear on the need for action. "Nobody is moving fast enough," he told the Accelerating and Scaling Up Climate Innovation session.

View: https://youtu.be/vwKvSyyst6U
1:00 min

Citing the World Economic Forum's Global Risks Report, Carlos Alvarado Quesada, President of Costa Rica, also emphasised the need for action.

View: https://youtu.be/vAtUF6SlLpU
.32 min

The public and private sector need to work together, Jose Pedro Castillo Terrones, President of the Republic of Peru, told The Davos Agenda.

View: https://youtu.be/m5UPgLFvf0k
.47 min

Businesses can't afford to not change when the world around you is changing either, Anna Borg, the President and Chief Executive Officer of Vattenfall, told the Accelerating and Scaling Up Climate Innovation session

View: https://youtu.be/byD97A5_zyc
.58 min

Progress is being made too. Guillermo Lasso, President of the Republic of Ecuador, gave a tangible example of international collaboration to protect the planet that's already happened in 2022.

View: https://youtu.be/tV1hpA4l0JE
.44 min

The transition to clean energy
For the last 250 years, our prosperity has depended on burning fossil fuels. The effects of climate change are felt across the world, but Germany faces a 'monumental task' in becoming net-zero by 2045, Chancellor Scholz cautioned.

View: https://youtu.be/HH5OADmvDpo
.40 min

Fatih Birol, the Executive Director of the IEA, was on the same page - it will require a 'Herculean effort' to go from 80% of energy coming from fossil fuels to net-zero by 2050, he told the Navigating the Energy Transition session.
He, and Björn Rosengren, the President and Chief Executive Officer, ABB Ltd, agreed on the role of reducing energy waste in achieving this.
Efficiency will drive more than 40% of the reduction in greenhouse gases, Rosengren explained. Or as Birol put it, "At the IEA, we call energy efficiency the 'first fuel'".
Colombia is also working to accelerate the energy transition and increase the share of renewables, President Ivan Duque said.

View: https://youtu.be/YBeOWcHL3s8
.30 min

The role of innovation
We need a common understanding of green hydrogen, explained Chancellor Olaf Scholz. There are, however, clear benefits, he added.

View: https://youtu.be/OWxzXrk54oc
.35 min

He wasn't the only world leader to discuss green hydrogen, either.

View: https://youtu.be/P6_-p8k6Tco
.45 min

Equally, emissions abatement will not be enough, Vicki Hollub, President and Chief Executive Officer, Occidental Petroleum Corporation, told the Navigating the Energy Transition session, we will also need extraction.

The technology is there, she believes, you just need to put it together in the right way.
There are already real-world examples of projects and new techniques in hard-to-abate sectors, too, said Anna Borg. A process has been developed where real hydrogen is used to make steel, and the CO2 footprint is basically erased. It's not just a good idea or an R&D project, she explained.

But, more investment in clean energy technologies is needed, John Kerry said. Things are not moving fast enough, he cautioned.

View: https://youtu.be/7QQ3Je-B71Q
.40 min

The First Movers Coalition will help with this funding, though, by bringing the public and private sector together, explained Bill Gates, Founder, Breakthrough Energy & Co-Chair, Bill & Melinda Gates Foundation.

View: https://youtu.be/-mLVyHpPDBs
1:05 min

Insights on creating a more resilient post-pandemic future
How can we create a more resilient, inclusive and sustainable future post-COVID-19?
That's the focus of The Great Narrative, a new book by Klaus Schwab and Thierry Malleret.
Here are five interviews from the book, featured on Agenda:

Mariana Mazzucato, Professor, University College London, argues that we must rethink the state to improve partnerships: Read here

Michio Kaku, Professor, City University of New York, says physics could create a perfect capitalism: Read here

Amy Webb, CEO of the Future Today Institute and Professor of Strategic Foresight, NYU Stern School of Business, makes the case for why scenario planning is key to creating a more resilient world: Read here

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https://www.facebook.com/sharer/sha...-resilient-post-pandemic-future#stream-header
20 hr. ago
What next for the COVID-19 pandemic in 2022? Expert voices from Davos
We're heading towards the third year of the COVID-19 pandemic, which has disrupted lives and livelihoods across the planet and led to at least 5.5 million deaths around the world.
As the Omicron COVID-19 variant surges in many countries - and indeed saw the deferral of an in-person meeting in Davos - the pandemic has been front of mind for many at The Davos Agenda.

Spotlight on stakeholder capitalism
How do we know businesses are doing right by people and planet (and not just saying they are)?

In a bid to make business more sustainable, the World Economic Forum - along with partners including Deloitte, EY, KPMG and PwC - created a new way for companies to measure their ESG (an acronym that refers to their environmental, social and governance standards).

This new yardstick is called the Stakeholder Capitalism Metrics and to date over 50 companies have started including them in their mainstream materials, including annual and sustainability reports.

You can read more about the metrics and their impact here.

View: https://youtu.be/eZqIoGl7IIg
29:30 min
 

marsh

On TB every waking moment

This is what a new model of governance could look like
governance 4.0 new model

The world needs a new model of governance
Image: UNSPLASH/Li An Lim

This article is published in collaboration withProject Syndicate
17 Jan 2022
  1. Klaus SchwabFounder and Executive Chairman, World Economic Forum

Explore context
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Global Governance

Explore the latest strategic trends, research and analysis

This article is part of the The Davos Agenda
  • A new governance model is crucial for our world - the primacy of society and nature needs to be at its focus instead of prioritizing the business and finance world.
  • Global governance has an unresolved problem: both our institutions and our leaders are no longer fit for their purpose.
  • As the Fourth Industrial Revolution and climate change continue to disrupt our current lives, public and corporate governance needs to change, too.
When the COVID-19 pandemic ends, the world will need a new governance model that differs from its predecessors in several fundamental respects. In particular, while finance, economics, and business remain vitally important, they must serve society and nature – not the other way around.

In 2022, the COVID-19 pandemic and the myriad crises it spawned may finally start to recede. But even in that best-case scenario, a tsunami of new challenges – from the failure of climate action to the erosion of social cohesion – is within sight. Addressing them will require leaders to adopt a different governance model.

Have you read?
Global governance has an unresolved problem
When our institutions are well governed, we pay little attention to them. They are simply invisible infrastructure supporting the economy and virtually all aspects of the social order. And “good enough” governance in the second half of the twentieth century enabled income growth and social peace.

Today, however, many people have lost faith in their leaders. Faced with mounting risks and our collective failure to address them, we have started looking for culprits. Some point the finger at inept political leaders, others blame “Davos Man” CEOs, and a desperate, growing minority sees an elite conspiracy behind the current doom and gloom.

The truth is more complicated. At the heart of our failure to foresee and manage global risks – not only climate change and deepening social divisions but also the reemergence of infectious diseases, debt crises, and inadequate technology regulation – lies an unresolved problem of global governance. Our institutions and their leadership are no longer fit for purpose.

Three different models of governance
We tend to view history as a series of big, earthquake-like events. But the degradation of global governance was mostly a case of gradual erosion.

In the Governance 1.0 period immediately after World War II, both public and corporate governance were marked by the rule of the “one man”: the elected or unelected “strong leader” and the “boss.” This type of leadership worked well in a society where the cost of information was high, hierarchical power and management functioned relatively smoothly, and technological and economic advances benefited almost everyone.

The Governance 2.0 model, which emerged at the end of the 1960s, affirmed the primacy of material wealth, and coincided with the rise of the economist Milton Friedman’s “shareholder capitalism” and progressive global financialization. The new managerial class, accountable only to shareholders, reigned supreme and had global reach. And while the 2008 global financial crisis dealt Governance 2.0 a serious blow, its narrow vision continued to prevail until the outbreak of the COVID-19 pandemic.

The brutal social and economic shock inflicted by COVID-19 ushered in Governance 3.0. Crisis management currently dominates decision-making, with leaders focusing on operational thinking and showing a relative disregard for possible unintended consequences. This short-term, trial-and-error approach has led to haphazard management of the pandemic and its socioeconomic fallout.

What would Governance 4.0 look like?
But when the pandemic ends, we will need a new governance model. Governance 4.0 would differ from its predecessors in several fundamental respects.

First, it would replace today’s short-term crisis management with longterm strategic thinking. A focus on current problems such as the pandemic, socioeconomic crises, and people’s mental health must be complemented with action to tackle climate change, reverse biodiversity loss and environmental damage caused by human activity, and address related social challenges such as involuntary migration.

Second, Governance 4.0 must replace the tunnel vision and top down approach that prevailed in the past. We live in a highly complex and interconnected world, not a linear one with few discontinuities. That also means the roles and responsibilities of each stakeholder in society must change. Business can no longer ignore its social and environmental impact, while government can no longer act as if it alone has all the answers.

Third, the current emphasis on a narrow conception of economics and short-term financial interests must cease. Instead, the primacy of society and nature must be at the core of any new governance system – whether for business or government. Finance and business are vitally important. But they must serve society and nature, not the other way around.

Leaders need to become pioneers for a new age of governance
The world has changed, and public and corporate governance must change with it. Today, major structural shifts like the Fourth Industrial Revolution and climate change are disrupting every industry and center of power. Technologies such as blockchain are replacing centralized and hierarchical organizations with decentralized, autonomous entities. And social, economic, and digital inequities are increasing.

For now, many leaders remain stuck in the shareholder capitalism mentality of Governance 2.0, while some societies still favor the strongman leadership and structure of Governance 1.0. And as long as COVID-19 remains a threat, the crisis mentality of Governance 3.0 will continue to dominate boardroom and cabinet discussions.

But many leaders are already thinking and acting like pioneers for a new age of governance.

They include business executives advocating for environmental, social, and governance (ESG) metrics, and political leaders such as French President Emmanuel Macron and Italian Prime Minister Mario Draghi breaking down boundaries. Above all, young people are demanding a better future.
 

marsh

On TB every waking moment
The end game…

The end game…
Posted by Kane on January 20, 2022 1:26 pm

View: https://youtu.be/DttK3ROWyIs
4:33 min
Dutch Legal Analyst Eva Vlaardingerbroek

China-style social credit system and digital ID

“A massive movement is going on in Europe. People are aware that our constitutional rights are being set aside without an end-date. Beginning of a Social Credit System. We are literally turning into China.”

View: https://twitter.com/i/status/1483865343520956417
1:11 min

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View: https://twitter.com/MichaelPSenger/status/1483865343520956417


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View: https://twitter.com/SKMorefield/status/1483621846788542464
5:05 min

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See webpage for the rest of this thread The end game…

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marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=UXfrPOFl6c0
13:50 min

Liberal’ news host explains why The Great Reset is VERY CONCERNING

Jan 20, 2022


Glenn Beck


Despite what The World Economic Forum may say, the Great Reset IS very concerning, and it’s not just conservatives saying so. Kim Iversen, a self-described liberal, host of The Kim Iversen Show, and contributor for The Hill, joins Glenn to explain why this plan to transform capitalism as we know it should worry us all. Glenn and Kim discuss what The Great Reset is and how YOU can help stop it…
 

marsh

On TB every waking moment

Reuters | The Great Reset is real but ‘not a secret plot to create totalitarian rule’…
Posted by Kane on January 20, 2022 3:56 pm

Despite repeated misinformation being shared online about the "Great Reset”, this sustainability plan proposed by the World Economic Forum is not a secret plot to end private property or create a totalitarian state. Read more here: Fact Check-World Economic Forum letters show 51st Annual Meeting invites, Fact check: Multiple misleading suggestions made in documentary on the COVID-19 pandemic pic.twitter.com/I4r1yjSaf4
— Reuters Fact Check (@ReutersFacts) January 19, 2022
Are we ready to have a serious discussion about the influence of the WEF?
The Great Reset can no longer be dismissed as a conspiracy theory.
They’ve released their manifesto via websites, videos and books.
The plan is that by 2030 “You will own nothing, and you will be happy.” pic.twitter.com/uBZc8HiCqU
— Calvin (@calvinrobinson) December 20, 2021
According to Reuters — Despite repeated misinformation being shared online about the “Great Reset,” this sustainability plan proposed by the World Economic Forum is not a secret plot to end private property or create a totalitarian state.

Read

The Great Reset is trending…
The fact checkers are aggressively defending Klaus Schwab's "Great Reset", but just listen to his voice introduce President Xi as "His Excellency" at the World Economic Forum….

Globalism doesn't lead anywhere we want to be. pic.twitter.com/QsCCTrBkae
— Chase Geiser | OneAmericanPodcast.com (@realchasegeiser) January 20, 2022
Here's what you must understand about The Great Reset: You will no longer be part of the decision-making. The elites have decided they're smart enough to figure it all out for you. pic.twitter.com/iEBqUk6czy
— Glenn Beck (@glennbeck) January 11, 2022
Twitter put out a massive infographic

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marsh

On TB every waking moment

This Is Your Last Chance, Part 1

THURSDAY, JAN 20, 2022 - 08:30 PM
Authored by Robert Gore via Straight Line Logic blog,

The indictment is long and strong.
A cabal of politicians, governments, courts, medical authorities, pharmaceutical companies, multinational agencies, the mainstream media, academics, and foundations, particularly the World Economic Forum, have concocted responses to a virus and its variants that have robbed the people of rightful liberties, are a mechanism for the imposition of global totalitarianism, and have amplified rather than reduced the virus’s dangers, inflicting severe injury and death that will last years, perhaps decades, and afflict millions, if not billions, of victims (See “The Means Are The End,” Robert Gore, SLL, November 13, 2021).

This is their last chance.



They can reverse course and pray to whatever demonic deity they pray to that it’s enough to prevent the retribution they deserve, or they can perish in the destruction they’ve created. They will reap what they have sown, their time is up.
This is it, the last gasp of the psychopaths who express their contempt and hatred for humanity by trying to rule it. Compulsion, not voluntary and natural cooperation. Power, pull, and politics, not incentives, competition, honest production, and value-for-value trade. From each according to his virtue to each according to his depravity.
The Last Gasp,” Robert Gore, SLL, March 24, 2020
Their time is up.
This assertion may appear as recklessly foolish as Luke Skywalker’s ultimatum - “Jabba, this is your last chance, free us or die!” - did to Jabba the Hut at the Sarlacc Pit.

It’s not, but to understand why requires an understanding of slow moving (on human time scale) but enormously powerful forces. Most history studies the wrong things and most predictions are straight line projections of the present and recent past.

The linchpin of history is innovation, not governments and rulers. We don’t know who ruled whom when humanity lived in caves, but we do know that someone tamed fire, someone planted seeds and cultivated them for food, and someone invented the wheel. With such steps humanity emerged from the caves and began building civilization. Even at this early stage one thing was clear: innovation creates new capabilities and opportunities and serves as the basis for further innovation.

Government is the acquisition of resources that enables those who govern to exercise control over those whom they govern. This presupposes resources, which presupposes production. Government is always subsidiary to production, yet most history focuses on the former and treats the latter as a secondary matter. This is looking down the telescope from the wrong end.

Before a government can take someone must make.

History as studied is a dreary succession of violent takers: their kingdoms and empires, their exactions from the populace, their wars, their depredations, their monuments, and so on. Most of this is trivial compared to the innovation that gets short shrift.

Who ruled which nations in 1440 and what effect does whatever they did have on us today?

There’s not one person in ten million who can knowledgeably answer those questions. Ask instead if the moveable-type printing press that Johannes Gutenberg invented that year has had an effect on their lives and most will acknowledge its inescapable importance.

The few rulers who have ruled wisely are largely forgotten. Wise rule is maintaining the conditions that allow the people themselves to create, innovate, and produce, what’s been called the night watchman state. Protecting them and their property from invasion, violence, theft, and fraud are the important but minimalist assignments for such governments. Crucially, such protection of the people extends to protection from the government itself. This type of government offers would-be rulers no opportunity for the larceny, self-aggrandizement, and power they crave, which is why they’ve been so rare.

The perfect night watchman state has never been achieved. There have only been a few that have come close. Conditions of relatively greater freedom, however, have coincided with the explosions of innovation and productivity that have bequeathed to humanity most of its progress.

The United States’ explosion was the Industrial Revolution, which launched virtually every important industry we have today and took the nation from its agrarian roots to industrial preeminence. With the exception of Theodore Roosevelt, an outlier in many unfortunate ways, the presidents who presided during the Industrial Revolution (1865-1913) have passed into obscurity, always a desirable fate for presidents. (See “The Magnificent Eleven,” Robert Gore, SLL, May 3, 2017. For a fictional treatment of the period, see The Golden Pinnacle, Robert Gore, 2013.)

Nineteenth-century fecundity set the table for twentieth-century insanity, giving psychopathic rulers the resources for two world wars and innumerable smaller ones, history’s most totalitarian governments, genocides, and the perpetration of myriad other miseries and horrors.

The twentieth century is easily history’s most tyrannical and bloody . . . so far. Emblematic of the century is its “greatest” invention, nuclear weaponry, which can destroy all life on earth.

In the United States, establishment of the central bank and imposition of income taxes in 1913 allowed the government to expropriate a far higher share of the nation’s incomes and wealth than it had. Shortly thereafter, ignoring George Washington’s sage advice to avoid foreign entanglements, the U.S. entered World War I. The Industrial Revolution and its comparative freedom were over, the accretion of state power that continues to this day was underway.

Government resurfaced as the dominant institution, as it has been for most of history, not just in the U.S. but around the globe. Intellectual fashion followed the political trend.

Money and power—heady prospects for many intellectuals—were to be had promoting the growth of the state and toadying to its functionaries. A few brave souls spoke out against the trend and championed freedom, but they were ignored and shunned. Today, champions of freedom are consigned to obscure corners of the Internet.

You would think that living off the Industrial Revolution’s productive legacy, with first call on incomes and accumulated wealth, rulers would command more than ample resources to do whatever they desired. Such is not the case. Their schemes and rapacity are unlimited while even in the most productive and wealthy societies, resources are not. Governments and their central banks have created a debt explosion that leaves the world in the deepest financial hole it’s ever been.

The explosion has accelerated the past few years, leaving rulers at the outer limits of what they can expropriate or borrow. Whatever growth in GDPs they now hail, the unmentioned growth in debt is greater—the hole gets deeper. This state of affairs illustrates history’s central truism: governments can’t produce. Their stock in trade, coercion and violence, only destroys. Making producers tax and debt slaves to those who produce nothing destroys both production and integrity.

The death knell sounded in 1971 when the United States government repudiated the last vestige of its promise to redeem its dollars for gold. Debt would be the coin of the realm. The bland term “financialization” hides the moral obscenity. Each year the nation’s debt has grown.

Production, when netted against that debt, has shrunk, and an increasingly large portion of what remains is diverted to those who don’t produce. Washington decides who gets what, but it can’t command the what. That shrinks as productive virtue is penalized and theft, fraud, and violence are rewarded.

This increasingly precarious state of affairs has lasted for fifty years. It won’t last much longer.

Only moral and intellectual bankruptcy greater than current financial bankruptcy could call this abject failure a failure of capitalism.

Capitalism is the economics of political freedom. The strangulation of both in the U.S. officially commenced in 1913. They are the antithesis of what we now have, state-directed collectivism. Capitalism and freedom didn’t fail the people, the people failed capitalism and freedom. If people can’t handle individual freedom—as collectivists like to argue—they certainly can’t handle collectivist power, as the twentieth and twenty-first centuries have amply demonstrated. It’s like the one brat in a room full of self-directed, happily interacting children seizing control of the room.

Part 2 coming soon...
 

marsh

On TB every waking moment

Texas Joins West Virginia In Boycotting BlackRock Over 'Decarbonization' Push

THURSDAY, JAN 20, 2022 - 08:10 PM

Typically, letters to investors don't elicit this kind of backlash. But given BlackRock's outsize influence on the US (and the global) economy, perhaps it's not surprising that a handful of US states with thriving energy industries are expressing their frustration with BlackRock CEO Larry Fink and his latest essay about the importance of "stakeholder capitalism".

As we reported yesterday, West Virginia's state treasurer has announced that the state would end use of BlackRock funds for all state investments in retaliation for the firm's antagonistic stance toward the oil and gas industry.

Now, Texas Lieutenant Governor Dan Patrick has joined the fray, issuing a letter of his own late Wednesday urging his own state's comptroller, Glenn Hegar, to place BlackRock on a list of companies that have cut ties with the Texas oil and gas industry.
"If Wall Street turns their back on Texas and our thriving oil and gas industry, then Texas will not do business with Wall Street," Patrick wrote.
Unlike his previous letter to investors from 2021, when Fink announced BlackRock's commitment to achieving "net zero" emissions while pressuring energy companies to make climate protection more of a priority, Fink said in his latest letter that companies must balance the interests of many different stakeholders. In a sense, Fink was walking back BlackRock's hostile stance toward fossil fuel companies.



BlackRock clarified in a statement that it "does not boycott energy companies," according to Bloomberg.

The firm "does not boycott energy companies," New York-based BlackRock said in an emailed statement. "We do not pursue divestment from oil and gas companies as a policy. We will continue to invest in these companies and work with them to maximize long-term value for our clients. Our primary concern with the law is the potential negative consequences it could have on current and future Texas pensioners."

In his letter to Hegar, Lt. Gov. Patrick referenced the "Oil & Gas Investment Protection Act", a Texas law that was passed and signed into law by Gov. Greg Abbott last year. The law stipulates that the Texas government shouldn't contract with or invest in companies that boycott the energy industry. As part of the law, the state comptroller is tasked with preparing an "official list" of firms that are attacking the state's most important industry. Lt. Gov. Patrick is asking that BlackRock be placed "at the top" of that list.

Patrick explained that BlackRock's commitment to "net zero" emissions and decarbonization directly contradicts the firm's assurances that it is "committed to Texas and Texas's vast energy footprint."
"Just yesterday, BlackRock Chairman and CEO, Larry Fink, issued his annual 2022 letter to CEOs indicating that BlackRock’s goal is to transition to a “net zero” world, including decarbonizing the energy sector. Needless to say, it is highly inconsistent to claim support for Texas’ oil and gas energy industry while leading a “net zero” policy effort that will destroy the oil and gas industry and destabilize the economy worldwide."
Now that Texas has joined W.Va. in slamming BlackRock and Larry Fink over their (largely fanciful) commitments to "net zero" and promises to divest from oil and gas firms, we're certainly curious to see if any more states with vibrant energy industries (Oklahoma, perhaps?) add their voices to the chorus of criticism directed at the world's largest asset manager.

Readers can find Lt. Gov Patrick's complete letter below:

Dear Comptroller Hegar,

Thank you for your ongoing efforts to implement Senate Bill (SB) 13 (87th Regular Session), the Oil & Gas Investment Protection Act, by Sen. Brian Birdwell, R-Granbury. As you know, this law says Texas should not contract with or invest in companies that boycott energy companies.

Because I strongly believe we need to prioritize and protect our state’s and nation’s energy independence, I made the passage of SB 13 a high priority.

As you prepare the official list of companies that boycott energy companies, I ask that you include BlackRock, and any company like them, that choose to hurt Texas oil and gas energy companies by boycotting them in violation of Senate Bill 13. As I have stated before, if Wall Street turns their back on Texas and our thriving oil and gas industry, then Texas will not do business with Wall Street.

Please know, BlackRock only recently met with my office after you sent BlackRock and others a letter threatening to take action against entities that boycott energy companies. At the meeting with my staff, Blackrock said it was committed to Texas and Texas’s vast energy footprint, but I have grave concerns that BlackRock’s public statements and actions do not reflect its sentiments presented to my office.

Just yesterday, BlackRock Chairman and CEO, Larry Fink, issued his annual 2022 letter to CEOs indicating that BlackRock’s goal is to transition to a “net zero” world, including decarbonizing the energy sector. Needless to say, it is highly inconsistent to claim support for Texas’ oil and gas energy industry while leading a “net zero” policy effort that will destroy the oil and gas industry and destabilize the economy worldwide.

This is nothing new for Mr. Fink. In his 2020 letter to CEOs, he stated that Blackrock would be “exiting investments that present a high sustainability-related risk."

He expanded on this initiative further in his letter to BlackRock’s clients:

"Where we do not see progress in [transitioning to “net zero”], and in particular where we see a lack of alignment combined with a lack of engagement, we will not only use our vote against management for our index portfolio-held shares, we will also flag these holdings for potential exit in our discretionary active portfolios[.]"

According to Bloomberg on January 12, 2022, when addressing their new Climate Action Multi-Asset Fund and Climate Action Equity Fund, BlackRock said that it intends to incorporate a year-on-year decarbonization rate and identify companies that appear to be “long-term, disruptive structural winners” in driving down greenhouse gas emissions.

These statements indicate that BlackRock is capriciously discriminating against the oil and gas industry by exiting investments solely because companies do not subscribe to a “net zero” policy beyond what is required by law.

According to SB 13, a company is considered to be boycotting an energy company if it limits relations with an entity involved in the fossil fuel-based energy sector if the entity “does not commit or pledge to meet environmental standards beyond applicable federal and state law[.]”

Committing to a “net zero” carbon strategy is beyond applicable environmental standards in federal and state law. Therefore, BlackRock is boycotting energy companies by basing investment decisions on whether a company pledges to meet BlackRock’s “net zero” goals.

Furthermore, BlackRock’s discrimination goes well beyond just its investment decisions. In a recent Wall Street Journal article, it was noted that “BlackRock made waves last spring when it voted to replace three Exxon Mobil Corp. directors over the oil giant’s reluctance to quickly transition to cleaner energy sources.” It is not appropriate for Mr. Fink and BlackRock, or any other company, to arbitrarily strong-arm the energy sector to commit to exceed federal and state environmental laws.

As you prepare the list of those that boycott Texas energy companies, I ask that BlackRock be at the top of the list, and any company like them that discriminates against Texas energy. I am committed to keeping Texas the number one oil and gas state in the country. Texas will not do business with those that boycott fossil fuels.

Thank you for all you do for Texas.
 

marsh

On TB every waking moment

Elon Musk’s Neuralink is Hiring a Clinical Trial Director
By Nicole Wetsman/The Verge

January 20, 2022

Elon Musk’s Neuralink is Hiring a Clinical Trial Director

Elon Musk’s brain-machine interface company Neuralink has a new job postingfor a clinical trial director, a position that could help the company move towards its stated goal of testing its brain implant in actual people.

Since launching publicly in 2017, Neuralink has demoed its brain implant in pigs and monkeys but has yet to announce a start to the long-promised trials in humans. The company’s implant is a coin-like device with electrodes studded on thin, flexible wires. The wires are its main innovation over older brain-machine interfaces, which use stiffer needles that can damage cells in the brain.

The company needs to do trials in humans before it can get Food and Drug Administration (FDA) approval for general medical use — key for Musk’s stated planto use the devices to solve a number of neurological problems, from memory loss to addiction.

The clinical trial director job posting, first reported by Bloomberg, says that the person in the role will be “working with Neuralink’s first Clinical Trial participants,” though it’s not clear if the company has started recruiting or working with participants at this point. Musk said in December that the company aims to have the device implanted in the first human subjects in 2022. That’s not the first prediction he’s made, though — Musk previously said he hoped to start trials in 2020.

See FULL STORY at The Verge.
 

marsh

On TB every waking moment

Totalitarian Paranoia Run Amok: Pandemics, Lockdowns, & Martial Law

THURSDAY, JAN 20, 2022 - 11:50 PM
Authored by John W. Whitehead & Nisha Whitehead via The Rutherford Institute,

Once upon a time, there was a government so paranoid about its hold on power that it treated everyone and everything as a threat and a reason to expand its powers.

Unfortunately, the citizens of this nation believed everything they were told by their government, and they suffered for it.




When terrorists attacked the country, and the government passed massive laws aimed at paving the way for a surveillance state, the people believed it was done merely to keep them safe. The few who disagreed were labeled traitors.

When the government waged costly preemptive wars on foreign countries, insisting it was necessary to protect the nation, the citizens believed it. And when the government brought the weapons and tactics of war home to use against the populace, claiming it was just a way to recycle old equipment, the people believed that too. The few who disagreed were labeled unpatriotic.

When the government spied on its own citizens, claiming they were looking for terrorists hiding among them, the people believed it. And when the government began tracking the citizenry’s movements, monitoring their spending, snooping on their social media, and surveying them about their habits—supposedly in an effort to make their lives more efficient—the people believed that, too. The few who disagreed were labeled paranoid.

When the government allowed private companies to take over the prison industry and agreed to keep the jails full, justifying it as a cost-saving measure, the people believed them. And when the government started arresting and jailing people for minor infractions, claiming the only way to keep communities safe was to be tough on crime, the people believed that too. The few who disagreed were labeled soft on crime.

When the government hired crisis actors to take part in disaster drills, never alerting the public to which “disasters” were staged, the people genuinely believed they were under attack. And when the government insisted it needed greater powers to prevent such attacks from happening again, the people believed that too. The few who disagreed were told to shut up or leave the country.

When the government started carrying out covert military drills around the country, insisting it was necessary to train the troops for foreign combat, most of the people believed them. The few who disagreed, fearing that perhaps all was not what it seemed, were shouted down as conspiracy theorists and quacks.

When government leaders locked down the nation, claiming it was the only way to prevent an unknown virus from sickening the populace, the people believed them and complied with the mandates and quarantines. The few who resisted or voiced skepticism about the government’s edicts were denounced as selfish and dangerous and silenced on social media.

When the government expanded its war on terrorism to include domestic terrorists, the people believed that only violent extremists would be targeted. Little did they know that anyone who criticizes the government can be considered an extremist.

By the time the government began using nationalized police and the military to routinely lockdown the nation, the citizenry had become so acclimated to such states of emergency that they barely even noticed the prison walls that had grown up around them.

Now every fable has a moral, and the moral of this story is to beware of anyone who urges you to ignore your better instincts and blindly trust that the government has your best interests at heart.

In other words, if it looks like trouble and it smells like trouble, you can bet there’s trouble afoot.

Unfortunately, the government has fully succeeded in recalibrating our general distaste for anything that smacks too overtly of tyranny.

After all, like the proverbial boiling frogs, the government has been gradually acclimating us to the specter of a police state for years now: Militarized police. Riot squads. Camouflage gear.

Black uniforms. Armored vehicles. Mass arrests. Pepper spray. Tear gas. Batons. Strip searches. Surveillance cameras. Kevlar vests. Drones. Lethal weapons. Less-than-lethal weapons unleashed with deadly force. Rubber bullets. Water cannons. Stun grenades. Arrests of journalists. Crowd control tactics. Intimidation tactics. Brutality.


Part 1 of 2
 

marsh

On TB every waking moment
Part 2 of 2

This is how you prepare a populace to accept a police state willingly, even gratefully.



You don’t scare them by making dramatic changes. Rather, you acclimate them slowly to their prison walls. Persuade the citizenry that their prison walls are merely intended to keep them safe and danger out. Desensitize them to violence, acclimate them to a military presence in their communities, and persuade them that only a militarized government can alter the seemingly hopeless trajectory of the nation.

It’s happening already.

The sight of police clad in body armor and gas masks, wielding semiautomatic rifles and escorting an armored vehicle through a crowded street, a scene likened to “a military patrol through a hostile city,” no longer causes alarm among the general populace.

We’ve allowed ourselves to be acclimated to the occasional lockdown of government buildings, military drills in small towns so that special operations forces can get “realistic military training” in “hostile” territory, and Live Active Shooter Drill training exercises, carried out at schools, in shopping malls, and on public transit, which can and do fool law enforcement officials, students, teachers and bystanders into thinking it’s a real crisis.

Still, you can’t say we weren’t warned.
Back in 2008, an Army War College report revealed that “widespread civil violence inside the United States would force the defense establishment to reorient priorities in extremis to defend basic domestic order and human security.” The 44-page report went on to warn that potential causes for such civil unrest could include another terrorist attack, “unforeseen economic collapse, loss of functioning political and legal order, purposeful domestic resistance or insurgency, pervasive public health emergencies, and catastrophic natural and human disasters.”

In 2009, reports by the Department of Homeland Security surfaced that called on the government to subject right-wing and left-wing activists and military veterans to full-fledged, pre-crime surveillance.

Meanwhile, the government has been amassing an arsenal of military weapons, including hollow point bullets, for use domestically and equipping and training their “troops” for war.

Even government agencies with largely administrative functions such as the Food and Drug Administration, Department of Veterans Affairs, and the Smithsonian have been acquiring body armor, riot helmets and shields, cannon launchers and police firearms and ammunition. In fact, there are now at least 120,000 armed federal agents carrying such weapons who possess the power to arrest.

Rounding out this profit-driven campaign to turn American citizens into enemy combatants (and America into a battlefield) is a technology sector that has been colluding with the government to create a Big Brother that is all-knowing, all-seeing and inescapable. It’s not just the drones, fusion centers, license plate readers, stingray devices and the NSA that you have to worry about. You’re also being tracked by the black boxes in your cars, your cell phone, smart devices in your home, grocery loyalty cards, social media accounts, credit cards, streaming services such as Netflix, Amazon, and e-book reader accounts.

And then there are the military drills that have been taking place on American soil in recent years.

In the latest “unconventional warfare exercise,” dubbed “Robin Sage,” special forces soldiers will battle seasoned “freedom fighters” in a “realistic” guerrilla war across two dozen North Carolina counties.

Robin Sage follows on the heels of other such military drills, including Jade Helm, which involved U.S. Army Special Operations Command, the Navy Seals, Air Force Special Operations, Marine Special Operations Command, Marine Expeditionary Units, the 82nd Airborne Division, and other interagency partners.

According to the government, these planned military exercises are supposed to test and practice unconventional warfare including, but not limited to, guerrilla warfare, subversion, sabotage, intelligence activities, and unconventional assisted recovery.

The training, known as Realistic Military Training (RMT) because it will be conducted outside of federal property, are carried out on both public and private land, with locations marked as “hostile territory,” permissive, uncertain (leaning friendly), or uncertain (leaning hostile).

This is psychological warfare at its most sophisticated.
Add these military exercises onto the list of other troubling developments that have taken place over the past 30 years or more, and suddenly, the overall picture seems that much more sinister: the expansion of the military industrial complex and its influence in Washington DC, the rampant surveillance, the corporate-funded elections and revolving door between lobbyists and elected officials, the militarized police, the loss of our freedoms, the injustice of the courts, the privatized prisons, the school lockdowns, the roadside strip searches, the military drills on domestic soil, the fusion centers and the simultaneous fusing of every branch of law enforcement (federal, state and local), the stockpiling of ammunition by various government agencies, the active shooter drills that are indistinguishable from actual crises, the economy flirting with near collapse, the growing social unrest, the socio-psychological experiments being carried out by government agencies, etc.

And then you have the government’s Machiavellian schemes for unleashing all manner of dangers on an unsuspecting populace, then demanding additional powers in order to protect “we the people” from the threats. Almost every national security threat that the government has claimed greater powers in order to fight—all the while undermining the liberties of the American citizenry—has been manufactured in one way or another by the government.

What we’ve seen play out before us is more than mere totalitarian paranoia run amok.

What has unfolded over the past few years has been a test to see how well “we the people” have assimilated the government’s lessons in compliance, fear and police state tactics; a test to see how quickly “we the people” will march in lockstep with the government’s dictates, no questions asked; and a test to see how little resistance “we the people” will offer up to the government’s power grabs when made in the name of national security.

Most critically of all, this has been a test to see whether the Constitution—and our commitment to the principles enshrined in the Bill of Rights—could survive a national crisis and true state of emergency.

We have failed the test abysmally.
We have also made it way too easy for a government that has been working hard to destabilize to lockdown the nation.

Mark my words, there’s trouble brewing.

Better yet, take a look at “Megacities: Urban Future, the Emerging Complexity,” a Pentagon training video created by the Army for U.S. Special Operations Command.

The training video is only five minutes long, but it says a lot about the government’s mindset, the way its views the citizenry, and the so-called “problems” that the government must be prepared to address in the near future through the use of martial law.

Even more troubling, however, is what this military video doesn’t say about the Constitution, about the rights of the citizenry, and about the dangers of locking down the nation and using the military to address political and social problems.

The training video anticipates that all hell will break loose by 2030—that’s barely eight short years away—but we’re already witnessing a breakdown of society on virtually every front.

The danger signs are screaming out a message

The government is anticipating trouble (read: civil unrest), which is code for anything that challenges the government’s authority, wealth and power.

According to the Pentagon training video created by the Army for U.S. Special Operations Command, the U.S. government is grooming its armed forces to solve future domestic political and social problems.

What they’re really talking about is martial law, packaged as a well-meaning and overriding concern for the nation’s security.

The chilling five-minute training video, obtained by The Intercept through a FOIA request and made available online, paints an ominous picture of the future—a future the military is preparing for—bedeviled by “criminal networks,” “substandard infrastructure,” “religious and ethnic tensions,” “impoverishment, slums,” “open landfills, over-burdened sewers,” a “growing mass of unemployed,” and an urban landscape in which the prosperous economic elite must be protected from the impoverishment of the have nots.

And then comes the kicker. Three-and-a-half minutes into the Pentagon’s dystopian vision of “a world of Robert Kaplan-esque urban hellscapes—brutal and anarchic supercities filled with gangs of youth-gone-wild, a restive underclass, criminal syndicates, and bands of malicious hackers,” the ominous voice of the narrator speaks of a need to “drain the swamps.”

The government wants to use the military to drain the swamps of futuristic urban American cities of “noncombatants and engage the remaining adversaries in high intensity conflict within.” And who are these noncombatants, a military term that refers to civilians who are not engaged in fighting? They are, according to the Pentagon, “adversaries.” They are “threats.”

They are the “enemy.”
They are people who don’t support the government, people who live in fast-growing urban communities, people who may be less well-off economically than the government and corporate elite, people who engage in protests, people who are unemployed, people who engage in crime (in keeping with the government’s fast-growing, overly broad definition of what constitutes a crime).

In other words, in the eyes of the U.S. military, noncombatants are American citizens a.k.a. domestic extremists a.k.a. enemy combatants who must be identified, targeted, detained, contained and, if necessary, eliminated.

In the future imagined by the Pentagon, any walls and prisons that are built will be used to protect the societal elite—the haves—from the have-nots.

If you haven’t figured it out already, we the people are the have-nots.
Suddenly, the events of recent years begin to make sense: the invasive surveillance, the extremism reports, the civil unrest, the protests, the shootings, the bombings, the military exercises and active shooter drills, the color-coded alerts and threat assessments, the fusion centers, the transformation of local police into extensions of the military, the distribution of military equipment and weapons to local police forces, the government databases containing the names of dissidents and potential troublemakers.

The government is systematically locking down the nation and shifting us into martial law.

This is how you prepare a populace to accept a police state willingly, even gratefully.
As Nazi Field Marshal Hermann Goering remarked during the Nuremberg trials:

It is always a simple matter to drag people along whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. This is easy. All you have to do is tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same in every country.

It does indeed work the same in every country.

It’s time to wake up and stop being deceived by government propaganda.

Mind you, by “government,” I’m not referring to the highly partisan, two-party bureaucracy of the Republicans and Democrats.

As I make clear in my book Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diaries, I’m referring to “government” with a capital “G,” the entrenched Deep State that is unaffected by elections, unaltered by populist movements, and has set itself beyond the reach of the law. I’m referring to the corporatized, militarized,
entrenched bureaucracy that is fully operational and staffed by unelected officials who are, in essence, running the country and calling the shots in Washington DC, no matter who sits in the White House.

Be warned: in the future envisioned by the government, we will not be viewed as Republicans or Democrats. Rather, “we the people” will all be enemies of the state.
 
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marsh

On TB every waking moment

Energy Limits Are Likely To Push The World Economy Into Recession In 2022

THURSDAY, JAN 20, 2022 - 11:10 PM
Authored by Gail Tverberg via OurFiniteWorld.com,

In my view, there are three ways a growing economy can be sustained:
  1. With a growing supply of cheap-to-produce energy products, matched to the economy’s energy needs.
  2. With growing debt and other indirect promises of future goods and services, such as rising asset prices.
  3. With growing complexity, such as greater mechanization of processes and supply lines that extend around the world.
All three of these approaches are reaching limits. The empty shelves some of us have been seeing recently are testimony to the fact that complexity is reaching a limit. And the growth in debt looks increasingly like a bubble that can easily be popped, perhaps by rising interest rates.

In my view, the first item listed is critical at this time: Is the supply of cheap-to-produce energy products growing fast enough to keep the world economy operating and the debt bubble inflated? My analysis suggests that it is not. There are two parts to this problem:
[a] The cost of producing fossil fuels and delivering them to where they are needed is rising rapidly because of the effects of depletion. This higher cost cannot be passed on to customers, without causing recession. Politicians will act to keep prices low for the benefit of consumers. Ultimately, these low prices will lead to falling production because of inadequate reinvestment to offset depletion.

Non-fossil fuel energy products are not living up to the expectations of their developers.

They are not available when they are needed, where they are needed, at a low enough cost for customers. Electricity prices don’t rise high enough to cover their true cost of production. Subsidies for wind and solar tend to drive nuclear electricity out of business, leaving an electricity situation that is worse, rather than better. Rolling blackouts can be expected to become an increasing problem.

In this post, I will explore the energy-related issues that are contributing to the recessionary trends that the world economy is facing, starting later in 2022.

[1] World oil supplies are unlikely to rise very rapidly in 2022 because of depletion and inadequate reinvestment. Even if oil prices rise higher in the first part of 2022, this action cannot offset years of underinvestment.



Figure 1. Crude oil and liquids production quantities through 2020 based on EIA data. “IEA Estimate” adds IEA indicated increases in 2021 and 2022 to historical EIA liquids estimates. Tverberg Estimate relate to crude oil production.

The IEA, in its Oil Market Report, December 2021, forecasts a 6.4-million-barrel increase in world oil production in 2022 over 2021. Indications through September of 2021 strongly suggest that there was only a small rebound (about 1 million bpd) in the world’s oil production in 2021 compared to 2020. In my view, IEA’s view that liquids production will increase by a huge 6.4 million barrels a day between 2021 and 2022 defies common sense.

The basic reason why oil production is low is because oil prices have been too low for producers since about 2012. Companies have had to cut back on developing new fields in higher cost areas because oil prices have not been high enough to justify such investments. For example, producers from shale formations could add new wells outside the rapidly depleting “core” regions if the oil price were much higher, perhaps $120 to $150 per barrel. But US WTI oil prices averaged only $57 per barrel in 2019, $39 per barrel in 2020, and $68 per barrel in 2021, so this new investment has not been started.

Recently, oil prices have been over $80 per barrel, but even this is considered too high by politicians. For example, countries are releasing oil from their strategic oil reserves to try to force oil prices down. The reason why politicians are interested in low oil prices is because if the price of oil rises, both the price of food and the cost of commuting are likely to rise, since oil is used in farming and in commuting. Inflation is likely to become a problem, making citizens unhappy. Wages will go less far, and politicians who allow high oil prices will be voted out of office.

[2] Natural gas production can be expected to rise by 1.6% in 2022, but this small increase will not be enough to meet the needs of the world economy.



Figure 2. Natural gas production though 2020 based on data from BP’s 2021 Statistical Review of World Energy. For 2020 and 2021, Tverberg estimates reflect increases similar to IEA indications, so only one indication is shown.

With natural gas production growing at a little less than 2% per year, a major issue is that there is not enough natural gas to “go around.” Natural gas is the smallest of the fossil fuels in quantity. We are depending on its growth to solve many problems, simultaneously:

    • To increase natural gas imports for countries whose own production is declining
    • To provide quick relief from inadequate production by wind turbines and solar panels, whenever such relief is needed
    • To offset declining coal consumption related to a combination of issues (depletion, high pollution, climate change concerns)
    • To help increase world electricity supply, as transportation and other processes are gradually electrified
Furthermore, the rate at which natural gas supply increases cannot easily be speeded up because (a) the development of new fields, (b) the development of transportation structures (pipeline or Liquefied Natural Gas (LNG) ships), and (c) the development of storage facilities all require major upfront expenditures. All of these must be planned years in advance. They require huge amounts of resources of many kinds. The selling price of natural gas must be high enough to cover all of the resource and labor costs. For those familiar with the concept of Energy Returned on Energy Invested (EROEI), the basic problem is that the delivered EROEI falls too low when all of the many parts of the system are considered.

Storage is extremely important for natural gas because fluctuations tend to occur in the quantity of natural gas the overall system requires. For example, if stored natural gas is available, it can be used when wind turbines are not producing enough electricity. Also, a huge amount of energy is needed in winter to keep homes warm and to keep the lights on. If sufficient natural gas can be stored for months at a time, it can help provide this additional energy.

As a gas, natural gas is difficult to store. In practice, underground caverns are used for storage, assuming caverns of the right type are available. Trying to build storage, if such caverns are not available, is almost certainly an expensive undertaking. In theory, importing natural gas by pipeline or LNG can transfer the storage problem to LNG producers. This is not a satisfactory solution, however. Without adequate storage available to sellers, this means that natural gas can be extracted for only part of the year and LNG ships can only be used for part of the year. As a result, return on investment is likely to be poor.

Now, in 2022, we are hitting the issue of very slowly rising natural gas production head-on in many parts of the world. Countries that import natural gas without long-term contracts are facing spiking prices. Countries in Europe and Asia are especially affected. The United States has mostly been isolated from the spiking prices thanks to producing its own natural gas. Also, only a small portion of the natural gas produced by the US is exported (9% in 2020).

The reason for the small export percentage is because shipping natural gas as LNG tends to be very expensive. Long-distance LNG shipping only makes economic sense if there is a several dollar (or more) price differential between the buyer’s price and the seller’s costs that can be used to cover the high transport costs.

We now seem to be reaching a period of spiking natural gas prices, especially for counties importing natural gas without long-term contracts. If natural gas prices rise, this will tend to make electricity prices rise because natural gas is often burned to produce electricity. Products made with high-priced electricity will be less competitive in a world market. Individual citizens will become unhappy with their high cost of heat and light.

High natural gas prices can have very adverse consequences. In areas with high prices, products made using natural gas as a raw material will tend to be squeezed out. One such product is urea, used as a nitrogen fertilizer. With less nitrogen fertilizer available, food production is likely to fall. If food prices rise in response to short supply, consumers will tend to reduce discretionary spending to ensure that there are sufficient funds for food.

A reduction in discretionary spending is one way recession starts.

Inadequate growth in world natural gas production can be expected to hit poor countries especially hard. For example, a recent article mentions LNG suppliers backing out of planned deliveries of LNG to Pakistan, given the high prices available elsewhere. Another article indicates that Kosovo, a poor country in Europe, is experiencing rolling blackouts.

Eventually, if natural gas available for export remains limited in supply, electricity blackouts can be expected to spread more widely, to less poor parts of Europe and around the world.

[3] World coal production can be expected to decline, further pushing the world economy toward recession.

Figure 3 shows my estimate for world coal production, next to a recent IEA forecast.



Figure 3. Coal production through 2020 based on data from BP’s 2021 Statistical Review of World Energy. “IEA Estimate” adds IEA indicated increases to historical BP coal quantities. Tverberg Estimate provides lower estimates for 2021 and 2022, considering depletion issues.

Figure 3 shows that world coal consumption has not been rising for about a decade.

Coal seems to be having the same problem with rising costs as oil. The cost of producing the coal is rising because of depletion, but citizens cannot afford to pay more for end products made with coal, such as electricity, steel and solar panels. Coal producers need higher prices to cover their higher costs, but it becomes increasingly difficult to pass these higher costs on to consumers. This is because politicians want to keep electricity prices low to keep their citizens and businesses happy.

If the cost of electricity rises, the cost of goods made with high-priced electricity will tend to rise. Businesses will find their sales falling in response to higher prices. In turn, they will tend to lay off workers. This is a recipe for recession, but a slightly different one than the ones mentioned earlier. It also is a good way for politicians not to get re-elected. As a result, politicians will try to hide rising coal costs from customers. For example, laws may be enacted capping electricity prices that can be charged to customers. Because of this, some electricity companies may be forced out of business.

The decrease in coal production I am showing for 2022 is only 1%, but when this small reduction is combined with the growth problems shown for coal and oil and the rising world population, it means that world coal supplies will be stretched.

China is the world’s largest coal producer and consumer. A major concern is that the country has serious coal depletion problems. It has experienced rolling blackouts since the fall of 2020. It has tried to encourage its own production by limiting coal imports, thus keeping wholesale coal prices high for local producers. It also limits the extent to which high coal costs can be passed on to electricity customers. As a result, the 2021 profits of electricity companies are expected to be reduced.

Part 1 of 2
 

marsh

On TB every waking moment
Part 2 of 2

[4] The US may have some untapped coal resources that could be tapped, if there is a plan to ship more natural gas to Europe and other areas in need of the fuel.

The possibility of additional US coal production occurs because coal production in the US seems to have occurred because of competition from incredibly inexpensive natural gas (Figure 4). To some extent, this low natural gas price results from laws prohibiting oil and gas companies from “flaring” (burning off) natural gas that is too expensive to produce relative to the price it can be sold for. Prohibitions against flaring are a type of mandated subsidy of natural gas production by the oil-producing portion of “Oil & Gas” companies. This required subsidy leads to part of the need for high oil prices, especially for companies drilling in shale formations.



Figure 4. US coal production amounts through 2020 are from BP’s 2021 Statistical Review of World Energy. Amounts for 2021 and 2022 are estimated based on forecasts from EIA’s Short Term Energy Outlook. Natural gas prices are average annual Henry Hub spot prices per million Btus, based on EIA data.

A major reason why US coal extraction started to decline about 2009 is because a very large amount of shale gas production started becoming available then as a byproduct of oil production from shale. Oil producers were primarily interested in extracting oil because it (hopefully) sold for a high price. Natural gas was a byproduct whose collection was barely economic, given its low selling price. Also, the economy didn’t have uses, such as trucks powered by natural gas, for all of this extra natural gas production. Figure 4 suggests that wholesale natural gas prices dropped by close to half, in response to this extra supply.

With these low natural gas prices, as well as coal pollution concerns, a significant amount of US electricity production was switched from coal to natural gas. It is my view that this change left coal in the ground, potentially for later use. Thus, if natural gas prices rise again, US coal production could perhaps rise again. The catch, of course, is that many coal-fired electricity-generating plants in the US have been taken out of service. In addition, coal mines have been closed. Any increase in future coal production would likely take place very slowly because of the need for many simultaneous changes.

[5] On a combined basis, using Tverberg Estimates for 2021 and 2022, fossil fuel production in total takes a step down in 2020 and doesn’t rise much in 2021 and 2022.



Figure 5. Sum of Tverberg Estimates related to oil, coal, and natural gas. Oil includes natural gas liquids but not biofuels. Historical amounts are from BP’s 2021 Statistical Review of World Energy.

Figure 5 shows that on a combined basis, the overall energy being provided by fossil fuels is likely to remain lower in 2021 and 2022 than it was in 2018 and 2019. This is concerning, because the economy cannot go back to its 2019 level of “openness” and optional travel for sightseers, without a big step up in energy supply, especially for oil.

This same figure shows that the production of the three fossil fuels is somewhat similar in quantity: Oil is the highest, coal is second, and natural gas comes in third. However, oil shows a step down in 2020’s production from which it has not recovered. Coal shows a smoother pattern of rise and eventual fall. So far, natural gas has mostly been rising, but not very steeply in recent years.

[6] Alternatives to fossil fuels are not living up to early expectations. Electricity from wind turbines and solar panels is not available when it is needed, requiring a great deal of back-up electricity generated by fossil fuels or nuclear. The total quantity of non-fossil fuel electricity is far too low. A transition now will simply lead to electricity blackouts and recession.

Figure 6 shows a summary of non-fossil fuel energy production for the years 2000 through 2020, without a projection to 2022. For clarification, wind and solar are part of the electrical renewables category.



Figure 6. World energy production for various categories, based on data from BP’s 2021 Statistical Review of World Energy.

Figure 6 shows that nuclear electricity production has been declining at the same time that the production of electrical renewables has been increasing. In fact, a significant decrease in nuclear electricity is planned in Europe in 2022. This reduction in nuclear electricity is part of what is causing the concern about electricity supply for Europe for 2022.

The addition of wind and solar to an electrical grid seems to encourage the closure of nuclear electricity plants, even if they have many years of safe production still ahead of them. This happens because wind and solar are given the subsidy of “going first,” if they happen to have electricity available. Wind and solar may also be subsidized in other ways.

The net result of this arrangement is that wholesale electricity prices set through competitive markets quite frequently fall too low for other electricity producers (apart from wind and solar).

For example, wind and solar electricity that is produced during weekends may be unneeded because many businesses are closed. Electricity produced by wind and solar in the spring and fall may be unneeded because heating and cooling needs tend to be low at these times of the year. Wind and solar electricity providers are not asked to cut back supply because their production is unneeded; instead, low (or negative) prices encourage other electricity producers to cut back supply.

Nuclear electricity producers are particularly adversely affected by this pricing arrangement because they cannot save money by cutting back their output when wind and solar are over-producing electricity, relative to demand. This strange pricing arrangement leads to unacceptably low profits for many nuclear electricity providers. They may voluntarily choose to be closed. Local governments find that if they want to keep their nuclear electricity producers, they need to subsidize them.

Wind and solar, with their subsidies, tend to look more profitable to investors, even though they cannot support the economy without a substantial amount of supplementary electricity production from other electricity providers, which, perversely, they are driving out of business through their subsidized pricing structure.

The fact that wind and solar cannot be depended upon has become increasingly obvious in recent months, as coal, natural gas and electricity prices have spiked in Europe because of low wind production. In theory, coal and natural gas imports should make up the shortfall, at a reasonable price. But total volumes available for import have not been increasing in the quantities that consumers need them to increase. And, as mentioned above, nuclear electricity production is increasingly unavailable as well.

[7] The total quantity of non-fossil fuel energy supplies is not very large, relative to the quantity of fossil fuel energy. Even if these non-fossil fuel energy supplies increase at a trend rate similar to that in the recent past, they do not make up for the projected fossil fuel production deficit.



Figure 7. Total energy production, based on the fossil fuel estimates in Figure 5 together with non-fossil fuels in Figure 6.

With respect to anticipated future non-fossil fuel electricity generation, one issue is how much nuclear is being shut off. I would imagine these current closure schedules could change, if countries become aware that they may be facing rolling blackouts without nuclear.

A second issue is the growing awareness that renewables don’t really work as intended. Why add more if they don’t really work?

A third issue is new studies suggesting that prices being paid for locally generated electricity may be too generous. Based on such an analysis, California is proposing a major reduction to its payments for renewable-generated electricity, starting July 1, 2022. This type of change could reduce new installations of solar panels on homes in California. Other locations may decide to make similar changes.

I have shown two estimates of future non-fossil fuel energy supply in Figure 7. The high estimate reflects a 4.5% annual increase in the total supply, in line with recent past increases for the group in total. The lower one assumes that 2021 production is similar to that in 2020 (because of more nuclear being closed, for example). Production for 2022 represents a 5% decrease from 2021’s production.

Regardless of which assumption is made, growth in non-fossil fuel electricity supply is not very important in the overall total. The world economy is still mostly powered by fossil fuels. The share of non-fossil fuels relative to total energy ranges from 16% to 18% in 2020, based on my low and high estimates.

[8] The energy narrative we are being told is mostly the narrative that politicians would like us to believe, rather than the narrative that historians and physicists would develop.

Politicians would like us to believe that we live in a world of everlasting economic growth and that the only thing we should fear is climate change. They base their analyses on models by economists who seem to think that an “invisible hand” will fix all problems. The economy can always grow; enough fossil fuels and other resources will always be available. Governments seem to be able to print money; somehow, this money will be transformed into physical goods and services. With these assumptions, the only problems are distant ones that central banks and carbon taxes can handle.

The realists are historians and physicists. They tell us that a huge number of past economies have collapsed when their populations attempted to grow at the same time that their resource bases were depleting. These realists tell us that there is a high probability that our current economy will eventually collapse, as well.


Figure 8. The Seneca Cliff by Ugo Bardi

The general shape that economic growth is likely to take is that of a “Seneca Curve” or “Seneca Cliff.” In the words of Lucius Annaeus Seneca in the first century CE, “Increases are of sluggish growth, but the way to ruin is rapid.” If we think of the amount graphed as the total quantity of goods and services received by citizens, the amount tends to rise slowly, gradually plateaus and then falls.

We now seem to be encountering lower energy supply while population continues to rise. It takes energy for any activity that we think of as contributing to GDP to occur. We should not be surprised if we are at the edge of a recession. If we cannot get our energy problems solved, the downturn could be very long-lasting.
 
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marsh

On TB every waking moment

The Joker: A Premonition

THURSDAY, JAN 20, 2022 - 05:11 PM
Authored by Jeffrey Tucker via The Brownstone Institute,

It was two years and a few months ago – only a few months before lockdowns – that I dragged myself to see The Joker, a movie I dreaded but ended up respecting.
“It’s a movie about one man’s descent into madness,” said the ticket taker. “Nothing else.”
Why was the ticket seller pre-reviewing this movie for me? The line seemed overly rehearsed, a cautionary note to viewers as a way to prevent what has concerned people, namely that the movie’s fictional mayhem would generate real-world copycats. This was the great worry at the time.

Still, his mini-review did give me some reassurance. The previews alone were too creepy. Life is tough enough without movies introducing more sadness, which is precisely why I like to stick with uplifting fare. Still, I marshaled my way through this one.


There is a superficial way in which the man was correct. This was just about one guy. Even after leaving, I kept telling myself that. And yet after it was over, I experienced precisely what so many others reported at the time. The movie imparts an aura that you can’t shake. You take it home with you. You sleep with it. You wake up in the morning and see that damned face again.

You think through scenes. Then you remember things. Then more starts to make sense – not moral sense but narrative sense.

It was also tremendously unpleasant viewing, the most difficult two-plus hours of movie watching I can remember. It was also brilliant and gripping in every frame. The score is perfect. And the acting didn’t seem like acting.

As for the “just one man” interpretation, that’s hard to sustain. The street scenes. The subways packed with people wearing clown masks, headed to the protest. The rich, established businessman running for mayor and the protests that engenders. The strange way in which this unsettling and violent figure becomes a folk hero on the streets. There was surely a larger point here.

Yes, I had seen the usual tug-of-war on Twitter about what it meant. It’s pro-Antifa! It’s a conservative warning against extremist politics! It’s a right-wing smear against the leftward drift of the Democrats! It’s a left-wing apologia for the rise of the workers against the elites, so of course eggs need to be broken!

The trouble is that none of those narratives explained the various twists and turns, and the unease and ambiguity that the film created within the viewer.

It took me a full day to come up with an alternative theory. The thesis probably pertains to all renderings of The Joker in print or film but this one is particularly prescient because its sole focus is on the one character, with the most elaborate backstory yet given.

The trouble begins with personal life failures. While this man is troubled, you sometimes think that perhaps he is not so far gone as to be irredeemable. He might function well. He can get through this, just like everyone else deals with their own demons. Joaquin Phoenix does a great job of slipping in and out of crazy. He seems to behave fine around his mother, and his brief girlfriend. He has interactions that are not totally wrecked by his eccentricity.

Yet there are life circumstances that keep driving him more and more to the point that he loses love for life as it is. He gives up hope and fully embraces despair as a way of thinking and living.

And then he does evil and discovers something that empowers him: his conscience does not provide a corrective. On the contrary, the evil he does makes him feel empowered and valued.

To review: his life was not working; he found something that worked for him finally. Then he embraced it.

What is that thing he embraced?

It has a particular name in the history of ideas: Destructionism. It’s not just a penchant; it’s an ideology, an ideology that purports to give shape to history and meaning to life. That ideology says that the sole purpose of action in one’s life should be to tear down what others have created, including the liberties and lives of others.

This ideology becomes necessary because doing good seems practically impossible, because one still needs to make some difference in the world to feel that your life has some direction, and because doing evil is easy. The ideology of destructionism enables a person to rationalize that evil is at least somehow preparing the ground for some better state of society in the future.

What is that better state? It could be anything. Maybe it’s a world in which everyone owns everything equally. Maybe it is a world without happiness or a world with universal happiness.

Maybe it is a world without faith. Maybe it is national production with no international trade.'

It’s a dictatorship – society conforming to One Will. It’s the absence of patriarchy, a world without fossil fuels, an economy without private property and technology, production without the division of labor. A society of perfect morality. The ascendance of one religion. A germ-free world!

Whatever it is, it is illiberal and therefore unworkable and unachievable, so the advocate must eventually find solace not in creating but in destroying the existing order.

The first time I read of the concept was in Ludwig von Mises’s 1922 book Socialism. He brings it up toward the end after having proven that classical socialism itself is conceptually impossible.

If there is nothing positive to do, no real plan to achieve anything socially beneficial; because the whole idea is cockamamie to begin with, the proponents must either abandon the theory or find satisfaction in the demolition of society as it currently exists.

Destructionism becomes a psychology of wreckage imparted by an ideology that is a failure by necessity of theory and practice.

The Joker failed at life and so sets out to destroy it for others. So too are those consumed by an ideological vision to which the world stubbornly refuses to conform.

This is why any left/right interpretation of The Joker is too limited.

The movie came out only a few months before virus lockdowns. Was it a premonition?
Probably in some way.
In those days, we were gorged by media and politics with insane visions of how society should work. It should not surprise us when these visionaries ultimately turn to anger, then dehumanization of opponents, and then plot plans for tearing down what exists just for the heck of it.

That “what is” could be world trade, energy consumption, diversity, human choice generally, the freedom of association, the chaos of enterprise the existence of the rich, a degenerate race, the frustration of one man with his absence of effective power. Hardly anyone imagined what would become the ideological basis of destructionism: pathogenic control.

Destructionism is stage two of any unachievable vision of what society should be like against a reality that refuses to conform. Destructionism also proves to be strangely compelling to populist movements that are anxious to externalize their enemies (the infected, the unvaccinated) and smite the forces that stand in the way of their reassertion of power.

Finally such people discover satisfaction in destruction – as an end in itself – because it makes them feel alive and gives their life meaning.

The Joker, then, is not just one man, not just a crazy person, but the instantiation of the insane and morbid dangers associated with persistent personal failure backed by a conviction that when there is a fundamental conflict between a vision and reality, it can only be solved by the creation of chaos and suffering. As unpleasant as it is, The Joker is the movie we needed to see to understand and then prepare for the horrors that this unchecked mentality can and did unleash on the world.

The idea of lockdowns was literally unthinkable until it was suddenly mainstreamed in late February 2020. Only a few weeks later, it became a reality. We were told that it was all to stop a virus. It completely failed on the front but it achieved something else. Lockdowns and now mandates have empowered a ruling elite to try out a new theory of how life can work. The failure of their efforts is everywhere in evidence.

Do they now stop? Or find new ways to destroy that create more chaos, more distractions, more instability, more randomness, more experiments with the unthinkable?

The Joker did create copycats.
 

marsh

On TB every waking moment

Fed Releases Much-Anticipated Report On Digital Dollar

THURSDAY, JAN 20, 2022 - 02:27 PM
“The introduction of a CBDC would represent a highly significant innovation in American money,” says The Fed in its much-anticipated report on the possible issuance of a U.S. digital currency.



The 35-page discussion paper on a government-backed coin makes no firm conclusions on whether (making it clear it did not “favour any policy outcome” at this point) it should be issuing a CBDC, but instead solicits feedback (as Powell had previously explained would be its purpose).
Powell has previously said any CBDC should serve “as a complement to, and not a replacement of, cash and current private-sector digital forms of the dollar, such as deposits at commercial banks”.
The bank in the paper said a digital dollar could bolster the financial system by ensuring the U.S. dollar remains the preeminent currency in the international financial system, improve cross-border payments and increase financial inclusion and ease the dollar’s use in new technology.

However, the central bank also warned of possible negative effects, including draining deposits from traditional banking and making runs on financial firms more likely or more severe.

The Fed said:
“While a CBDC could provide a safe, digital payment option for households and businesses as the payments system continues to evolve, and may result in faster payment options between countries, there may also be downsides.”
“They include how to ensure a CBDC would preserve monetary and financial stability as well as complement existing means of payment. Other key policy considerations include how to preserve the privacy of citizens and maintain the ability to combat illicit finance,” it added.
In the paper, the central bank noted that inaction on developing a digital US currency might erode the country’s supremacy in global markets.
“It is important . . . to consider the implications of a potential future state in which many foreign countries and currency unions may have introduced CBDCs,” the Fed said.
Some have suggested that, if these new CBDCs were more attractive than existing forms of the US dollar, global use of the dollar could decrease - and a US CBDC might help preserve the international role of the dollar,” it added.
The bottom line - this document is a nothing-burger in terms of any further insight into if and when The Fed will unleash digital money on the citizenry since comments are sought and ultimately this has to be approved by Congress.
"We look forward to engaging with the public, elected representatives, and a broad range of stakeholders as we examine the positives and negatives of a central bank digital currency in the United States," Federal Reserve Chairman Jerome Powell said in a statement.

“The Federal Reserve does not intend to proceed with issuance of a C.B.D.C. without clear support from the executive branch and from Congress, ideally in the form of a specific authorizing law,” he added.
Read the full report below: (Scribd doc on website)

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Download this PDF
 

marsh

On TB every waking moment

Watch Live: Congressional Hearing On Bitcoin's Energy Use

THURSDAY, JAN 20, 2022 - 10:25 AM

The US Congress' Energy and Commerce Oversight Subcommittee is holding a virtue-signal-fest hearing on the energy use and environmental impact of bitcoin mining this morning.

Watch the "Cleaning Up Cryptocurrency: The Energy Impacts of Blockchain" live here (due to start at 1030ET):

View: https://youtu.be/HWg731-3id8
2:18 min

As Bitcoin Magazine reports, the decision to hold the hearing was prompted by a letter sent to the House in October by a cohort of national and international climate organizations that argued against the energy usage of Bitcoin and its Proof of Work (PoW) system.
“We, the more than 70 climate, economic, racial justice, business and local organizations, write to you today to urge Congress to take steps to mitigate the considerable contribution portions of the cryptocurrency markets are making to climate change and the resulting greenhouse gas (GHG) emissions, environmental, and climate justice impacts it will have,” the letter read.
A rebuttal to the letter was published this week by the Bitcoin Policy Institute (BPI), an interdisciplinary cohort of economists, coders, lawyers, climate scientists, philosophers, and policy analysts providing research, fact-checking, and commentary on Bitcoin.

The group argues in its fact-checking paper that the letter sent to Congress contains plenty of inaccuracies about the bitcoin mining industry, a gap its policy work is trying to bridge. The BPI, which will send its paper to Congress, says that the House should indeed consider Bitcoin’s power consumption, but warrants a more careful and factual approach.
“Such considerations must be based on an accurate understanding of the Bitcoin protocol, a proper review of the scientific literature, and up-to-date information about the mining industry,” the paper said.
“Unfortunately, the coalition’s letter is not. Instead, it reiterates debunked myths about Bitcoin emissions, e-waste, and energy markets. Our aim is to clarify the record and ensure that policy discussion around Bitcoin is grounded in science and fact.”
Some of the misconceptions and myths clarified by the paper relate to climate change, electronic waste, and the common but misleading comparisons between Bitcoin’s energy usage and that of countries like Argentina and Norway. The BPI also disputes the organizations’ claims that Bitcoin’s use of power is “unnecessary,” an argument that doesn’t take into account the fact that BTC is legal tender in El Salvador and the many people currently leveraging the peer-to-peer monetary network to enjoy financial freedom.



The list of witnesses invited to testify at today's hearing features a diverse set of professionals directly and indirectly involved in the industry.

Brain Brooks, the CEO of bitcoin mining company Bitfury, will return to Congress one month after having testified on the regulatory aspect of Bitcoin and cryptocurrencies. In December, Brooks joined a cohort of chief executives of cryptocurrency companies in a hearing at the House to discuss whether the current set of U.S. laws would be able to encompass the burgeoning assets and their unique set of characteristics.

Another industry insider to testify at the hearing is Soluna Computing CEO, John Belizaire.

His company leverages the portability of bitcoin mining machines to easily balance out demand and supply of power grids
, helping renewable energy producers sell every megawatt of power they generate. Belizaire has argued in the past that Bitcoin’s energy usage is a feature, not a bug, highlighting how the asset enables financial freedom to millions around the world.

Soluna told Bitcoin Magazine that Belizaire’s testimony will focus on the Bitcoin network’s ability to help the world transition to renewables as its mining processes can be easily paused and resumed on demand.

A controversial figure to join the witnesses at the energy consumption hearing is Ari Juels, a Cornell Tech professor who is also co-director of the IC3 initiative and chief scientist at oracle platform Chainlink. In 2016, in his first paper on cryptocurrency, Juels described ways in which smart contracts could be used for criminal activities “as a warning to the community and to urge people to think seriously about the downsides of this technology,” he said in a 2018 conversation with Belizaire.

Gregory Zerzan, who in October published a commentary on Real Clear Politics about governments’ negative stance towards bitcoin and how its scarcity “has the potential to gain user confidence at the expense of fiat currency” like the U.S. dollar, will also be testifying at the hearing.

The final witness to join the hearing is Steve Wright, named general manager of Public Utility District No. 1 of Chelan County by the board of commissioners in 2013 and part of the leadership of the Alliance to Save Energy. Wright left Chelan County’s PUD at the end of last year.
 

marsh

On TB every waking moment

Billionaires Pushing for Centralized Government and Global Economy at Economic Forum

world+economic+forum+great+reset.JPG

https://www.mypillow.com/
You may not know it, but a group of billionaires recently met in Davo Switzerland for the World Economic Forum. The World Economic Forum was described by Newsmax’s Greg Stenchfield as a “meeting of rich elites to discuss plans of how to take over the world.” This year’s theme for the Forum is “Stakeholder Capitalism” which has nothing to do with capitalism and everything to do with socialism and social justice.

According to a report on the Forum’s website, Klaus Schwab, the leader of the World Economic Forum who heaps praise on China’s communist leader Xi Jinping, proposed a “great reset” as the subject of the Forum on the premise: “As business leaders and policy makers around the world come to terms with the impact of the coronavirus pandemic, what should be their priorities?

Do we aim to get back to where we were before, or should we take the opportunity to make society fairer, smarter and greener, and get humanity off the road to climate catastrophe - a 'great reset'?


John Kerry, in unison with these billionaires like Bill Gates, are seeking to alleviate the fossil fuel industry in the name of climate change, redistribution of wealth, and Green legislations all wrapped in the package of a One World Order. Even Pope Francis has joined forces with the Great Reset, saying “tax evasion is sinful and calling for global wealth redistribution!”

It should come as no surprise that these billionaires are staking their attempts at a “Great Reset” on the backdrop of the freedoms that we’ve allowed to be taken away as a result of the Covid-19 pandemic! It’s imperative that we all remain vigilant as we fight for our freedoms.
 

marsh

On TB every waking moment

The Great Reset: The Global Elite’s Plan to Radically Remake Our Economic and Social Lives
By
Sam Jacobs
- January 20, 2022

The Great Reset is upon us…or at least the powers that be are trying to bring it out. What was once a fringe “conspiracy theory” is now on display plain as day for everyone to see. The economic, political, academic, and media elites around the world are leveraging the chaos, confusion, and restrictions on liberty from the COVID-19 lockdowns and using them to radically alter society around the world.

What will this change look like? The global elites want to create a society of renters who own nothing, while also pushing a social agenda that would be unpopular with the unwashed masses and difficult to implement in a society with a broad, ownership-based middle class.

What this means is that you would rent not just your home, but also your phone, computer, car (though you probably will “carshare,” the term for renting a car when you need one for an extended period and summoning one when you need it for a ride), and even the pots and pans you cook with.

The flip side of this will be a radical transformation of the world economy. No longer will you have a job in the sense that it has traditionally been understood. Instead, you will work various and sundry “gigs,” all of which place you in a precarious position at any given time. You will receive a fee for services performed, with no benefits, paid time off, healthcare, or anything else that the middle class in the West has become accustomed to.

To facilitate the Great Reset, rural populations will have to be coerced into more concentrated population centers since dispersed populations have too high a “carbon footprint.” The suburbs will be a thing of the past as suburbs and exurbs become more like cities. Mixed-use housing, where you and 500 other people live in a mid-rise condo hive with shops and “workshare” spaces (the new version of an office – on your dime, not your employer’s) in the same area.

The short version is that it’s a total end to the American way of life, specifically the way of life of most of the Western middle class. The specifics, including the why, are a longer story that you’re going to want to read if you want to be ready to fight against the Great Reset.

What is the Great Reset?
Knowing what the Great Reset is can be difficult because official sources on the matter – World Economic Forum, the primary mover behind the Great Reset, and its affiliated organizations and individuals – cloak their aims in vague euphemisms like the main slogan for the Great Reset, “build back better.”

We have discussed in our articles on Cultural Marxism, Critical Race Theory in public schools, and, George Soros how the enemies of freedom often use vague, non-specifically positive language for their projects. These are generally words that, when taken at face value, no one could possibly disagree with. Who would be against building back better?

These words mean something else and one should not accept at face value the idea that the Great Reset is simply “building back better” any more than one should accept at face value the claim that four out of five doctors smoke Camels.

So what is the Great Reset?

At its core, the Great Reset is an attempt to enforce socialism through private companies rather than only through the government. Think of it as “socialism with Amazon Prime characteristics.”

That being said, the government will certainly play a role in the Great Reset by angling for higher taxes, which the wealthy will be able to avoid using armies of lawyers and accountants; adding additional bureaucratic red tape, which the wealthy will avoid using the same armies of lawyers, connections, and special carveouts; and growing big government social programs a la the New Deal, which will disproportionately benefit the wealthy and preferred underclass who will be weaponized against the broad middle class. An excellent example of a Great Reset program in the United States is the proposed Green New Deal, which we will discuss in greater detail later.

move to cities

Here is a glimpses of how the Great Reset will look:
  • “Sharing Economy:” everything is rented and nothing is owned
  • Digital media: it will be easier to ban and suppress books and videos that run contrary to prevailing narratives
  • Social Media Restrictions: the de facto public square, will be restricted to those who tout the latest version of elite narratives.
  • A de facto social credit system: those who deviate from the narrative will be financially blacklisted, including loss of their dubious “benefits” which will increasingly become necessary for ordinary life and even survival
  • Centralization of Housing and Land: fewer and fewer Americans will own the property they live in and on
  • “Racial Equity”: some races will be more equal than others, with preferred groups becoming the recipients of generous benefit programs funded by the less preferred groups, who increasingly become tax slaves
  • Climate Change: protection of the environment will be used as an excuse to reduce the standard of living for the middle class, increase restrictions on freedom of movement, and even access to food
  • Ground-level goons will operate with impunity to attack enemies of the system in coordinated outbreaks of violence and intimidation
  • Concentrated Wealth: wealth will be concentrated in the hands of the regime and its allies which will be used as economic leverage to control political discourse and personal freedom

Is The Great Reset Real?
This might all sound a little far-fetched; however, unlike other alleged “conspiracy theories” which require a great amount of research to prove are true, the Great Reset is right out there in the open for everyone to see. The people pushing it brag about it, speak of it openly, craft propaganda campaigns around it, refer to it explicitly by name, and get publicly frustrated and angry when the “dog isn’t going to eat the dog food.”

A video of Klaus Schwab, Founder and Chairman of the World Economic Forum, the primary global elite institution pushing for the Great Reset, went viral. It is only about 40 seconds and well worth the time it takes to watch. You’ll see the Great Reset logo right behind Schwab in the same font as the World Economic Forum logo. Additionally, Schwab explicitly speaks of the Great Reset and his frustration with the COVID-19 pandemic in that it has not been as effective as he would like in pushing the Great Reset.

Klaus Schwab isn’t some random guy on Twitter or a blogger with a couple dozen readers, he is an extremely powerful man and head of one of the most important elite globalist organization in the world, the World Economic Forum.

The Great Reset is larger than a single 40-second viral clip. There’s an entire page about it on the World Economic Forum’s website, including a lot of vague language that doesn’t tell you much of what it actually. Time‘s website includes a rather massive cache of articles pushing the subject as unassailably good and beyond question or reproach. A video on the World Economic Forum’s YouTube channel is effectively a five-minute PSA of talking points on the subject.

Alarmingly, the BBC and others are running articles encouraging you not to believe your own lying eyes, insisting that this is a conspiracy theory not rooted in fact. Additionally, Wikipedia includes an entire section assuring you that the “conspiracy theory” of the Great Reset bears no relation to the pure, noble intentions of people like Klaus Schwab, Bill Gates and Tony Blair.
The Great Reset is clearly real, but how do the powers that be intend to force it on the world?

Grooming for a Police State
Whether one thinks that the COVID-19 lockdowns and restrictions were a good faith response to a public health emergency or not is irrelevant. The fact of the matter is that it accustomed Americans and Westerners to significant restrictions on their freedoms, including freedom of movement. More than that, it showed those in power that people that if you created enough fear, Americans would tolerate the restrictions.

move to cities


Thus, consciously or not, global elites were grooming the world population for a police state.

Fortunately, there has been some pushback and vaccine passports are encountering stiff resistance from both elected officials and the general population at large. For most of 2020 and 2021, the most freedom loving people on earth – Americans – were walking around with dirty, useless masks on to comply with a government mandate. A mandate that after further scrutiny, made no sense. Americans even allowed their children to be subjected to this as a condition of attending school.

The COVID-19 lockdowns were not the first time that Americans were groomed for police state – TSA is the biggest example of this, however, we also see examples of this in our public schools with metal detectors and warrantless searches.

If nothing else, the elites learned that there is just about nothing that America and the world will not tolerate provided that you scare them enough. The burning question now is how will Americans be scared into further erosions of their liberties?

Part 1 of 2
 

marsh

On TB every waking moment
Part 2 of 2

The Sky Is Falling: Climate Austerity and the Great Reset
The most likely answer is through climate austerity. There have already been musings among the COVID-19 lockdown warriors that one of the best things about the lockdowns is that they significantly reduced carbon emissions, thus saving the planet during the period when people were locked down. The natural conclusion is that climate lockdowns are a viable solution to climate change.

Whether or not one believes that climate change exists and is caused by humans is irrelevant.

What is relevant is whether or not the burden of fixing the planet – if such a thing is necessary and possible – ought to be borne by individual consumers and the common man. Perhaps not surprisingly, billionaire plutocrats like Bill Gates (a big booster of COVID-19 lockdowns and the Great Reset) think that it ought to be.

This is the real meaning of “we’re all in this together.” Does anyone honestly believe that Davos attendees like Bill Gates will be living in dense, mixed-use communities or eating cricket patties as their primary source of protein? Of course not. They will continue to live the affluent lifestyles that they currently live in while the rest of us suffer.

move to cities

The idea that you and I ought to bear the burden of climate change is called “climate austerity.”

It is the belief that the average man must tighten his belt and lower his standard of living in what might well be a totally Quixotic attempt to save the planet. It is a concept closely tied to the Great Reset and an example of how something other than another pandemic might be used to get Americans and the rest of the world to radically change their notion of what they’re “allowed” to do.

We should all recall back that poorly aged phrase “14 days to stop the spread.” How many times did the goalposts move? Where are we with that as you read this? First we were told that we needed to “flatten the curve.” Then there needed to be a vaccine. Then the vaccine wasn’t enough. The point is, that COVID-19 became a perpetual excuse for the elites to enact whatever “emergency” measures they wanted – all for your own safety, of course.

An integral part of climate austerity is the war on private transportation, commercial flights, and freedom of travel. Transportation Secretary Pete Buttigieg floated a mileage tax and many measures advanced by the Green New Deal that would effectively ban private transportation, due to the high cost – again, you will be impacted by this but the elites will not. It seems that there is almost a weekly outrage against pickup trucks on Twitter.

The real reason for this is to control the free movement of people. The agenda here has nothing to do with stated goals and everything to do with locking you down, reducing your standard of living, abolishing your way of life, and subjecting every aspect of your life to control by powerful elites.

The Great Reset in Action: Blackrock Creates a Nation of Renters
BlackRock is a private equity firm that has been offering absurd prices for residential homes in the suburbs. They don’t plan to flip them and turn a profit. Rather, the plan is to buy homes at 50 percent above asking with the purpose of transforming these homes into rental properties.

BlackRock’s acquisition of the suburbs is part of a larger issue that grew out of COVID-19, but is closely related to the Great Reset – the increased centralization of the American economy.

switch to renter society

While isolated conservatives such as Ben Shapiro took to Twitter to defend the “free market” principles of venture capital speculating on the market using free money from the Federal Reserve (with full knowledge that they will be bailed out if things go south), most recognized BlackRock’s attempt to corner the housing market for what it is. It was a transparent move to transform America into a society of modern serfs. Renters who own nothing can be moved around at the whims of Big Money or financially blacklisted if they step out of line.

BlackRock is certainly villainous, but they represent a broader trend not just limited to the housing market, the concentration of wealth as a weapon. The Bernie Sanders left focuses on “wealth inequality,” which is simply a fact of life that cannot be done away with. “The poor,” Christ told us, “you will always have with you.” People having more than other people isn’t a social problem, but a few people owning everything is, because it is simply socialism (centralized control) by other means. It also dramatically reduces the number of people with skin in the game making the economic and social atmosphere extremely volatile.

One company, or a handful of them, who dominate the housing market are dangerous for a variety of reasons. Chief among these reasons is the ability to weaponize this control over housing against critics of the regime. Who needs the government to enact a social credit system when the national landlord has one? Of course, the usual dummies will defend this because it’s being done by a private corporation.

It is worth briefly noting that the eviction moratorium favors large landlords who can go months or years without an income over smaller ones, who cannot. The moratorium was enacted by the CDC, which apparently now has the authority to control rental properties in the United States.

The Great Reset in Action: Social Credit
The Great Reset is all in on “racial equity,” a term that appeared almost out of nowhere around the 2020 election and has been used unrelentingly since in the mainstream press as if it were a word everyone always used. Oceania has always been at war with Eastasia.

“Equity” effectively means, not to lean quite too heavily on Orwell, that all races are equal but some races are more equal than others. This is a key goal of the Great Reset. The argument basically goes that the only way to address racial disparities in the United States is by extended special benefits and privileges to allegedly “oppressed” groups.

Because government benefit programs are a zero-sum game, these assistance programs, and special privileges will have to be paid for by someone else. For every dollar of benefit money doled out, a dollar of income is lost by someone else. For every job or university position reserved for a protected class, something is lost by someone else.

A key part of the push for “equity” is attacks on people who oppose it. Equity as an ideology is tied up with a bundle of other ideas pushed by Cultural Marxists and the extremely similar but unrelated phenomenon of George Soros “Open Society” types.

The important part, as far as we are concerned, is that concentrated wealth is better able to enforce the prevailing diktats of ideology. When small business evaporates, it is easier to enforce social programs using the private sector. Similarly, when ownership becomes increasingly concentrated, it is easier to enforce a de facto social credit system. The value system of corporate elites is well known.

Conservatives are already being denied bank accounts because of their beliefs, and the beliefs that warrant financial blacklisting are increasingly expanded. It is not too much to imagine that in the very near future, financial blacklisting and social ostracism, enforced by Big Tech and Big Finance, will come to include any critics of so-called racial equity or any other aspect of regime ideology.

In general, what you’re looking at is a system where there are far fewer poles of financial and social attraction, and that these few remaining poles are increasingly inseparable from the state.

This is the essence of fascism in its definition not as anyone’s set of ideological or political principles, but as the system of governance where there is little to no daylight between the corporate sector and the administrative state.

Why the Great Reset?
We cannot speculate as to the internal motives of any man. What we can do is talk about the tangible effects that policies have here in the real world. The primary tangible effect of the Great Reset is an increased amount of power and wealth in the hands of fewer and fewer people, all of whom are hostile toward you, your values, and your way of life.

It might have been a happy accident that the greatest wealth transfer in human history happened during the COVID-19 lockdowns, or it might have been by design. Regardless, the upward wealth transfer happened. Success rarely satiates, rather it fuels a hunger for more success. We should see this wealth transfer as a prelude to an even larger wealth transfer that is forthcoming.

Additionally, the Western middle class sits on an enormous reserve of wealth in the form of homeownership and retirement funds. These are the white whales of the global elite. One would be a fool, given all of the evidence, to believe that they would stop at anything to acquire this massive reserve of wealth.

To the extent that it is possible, we must make ourselves more resilient. This means owning land, having your own well, a supply of food to weather the storm, adequate supplies of ammunition, useful skills, and close community bonds. It also means sounding the alarm bells about elite propaganda campaigns, legislative maneuvers, and bureaucratic fiats designed to destroy you.

Prepare to dig in for a long winter.
 
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marsh

On TB every waking moment

Video: Bill Gates Calls For “Aggressive” Carbon Taxes To “Accelerate” Fourth Industrial Revolution

Billionaire globalist speaks about WEF’s Great Reset

20 January, 2022
Steve Watson
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Screenshot
https://summit.news/2022/01/20/vide...-to-accelerate-fourth-industrial-revolution/#
Speaking with the World Economic Forum Wednesday, Bill Gates called for an aggressive implementation of carbon taxes in order to force middle income countries to fundamentally alter their entire industry sectors.

Gates declared that “The rich countries have to play a central role, both funding RND and having policies, in some cases carbon taxes will be used to drive the demand for these clean products.”

He continued, “Only by doing that in an aggressive way will the economic costs be brought down enough that we can turn to all the middle income countries and say ‘OK, change your whole cement industry, change your whole steel industry.'”

“The number of companies working on these things is very exciting,” Gates proclaimed.

He further lamented that “Some of them will fail, a lot of them will fail,” but asserted “we only need a reasonable number, a few dozen of them to make it through and that’s what we have to accelerate.”

Watch:

Rumble video 1:34 min

In his books, World Economic Forum founder and globalist Klaus Schwab makes clear that the ‘Fourth Industrial Revolution’ or ‘The Great Reset’ will lead to the abolition of private property.

That message is echoed on the WEF’s official website, which states, “Welcome to the year 2030. Welcome to my city – or should I say, “our city”. I don’t own anything. I don’t own a car. I don’t own a house. I don’t own any appliances or any clothes.”

Apparently, you won’t be allowed to own any private property and your only recourse will be to live in a state of permanent dependency on a small number of rich elitists who own everything.

That used to be called feudalism, which is a form of slavery.

Indeed, while Americans are being told by technocrats that the future is one without private property, Gates himself and other billionaires have been buying up huge amounts of farmland.
Gates is now the biggest owner of farmland in America, according to a Forbes report from last year.

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Meanwhile, the great unwashed will be pushed to living in tiny houses or pods, with living standards dramatically lowered in the name of saving the planet.

View: https://youtu.be/W70zjwnBiAg
3:26 min
 

marsh

On TB every waking moment

Special Address by Yemi Osinbajo, Vice-President of Nigeria
Speakers: Yemi Osinbajo, Børge Brende
January 21, 2022 no r/t given

Day 4

Space, chips and trade: This was Day 4 at The Davos Agenda
That's it for Day 4 at The Davos Agenda. We've got just one day to go, but before we get there, here's a rundown of what you might have missed today.

This morning we heard from Joko Widodo, President of Indonesia, and Ursula von der Leyen, President of the European Commission, in two special addresses.

We've also enjoyed sessions on ESG, global supply chains and space technology - including a live appearance from the International Space Station.

So if you could only take 3 things away from today, what should they be? Read on.

Space tech can make life on Earth better
There was a clear consensus in the Live from Space: The Next Frontier for Knowledge and Action session that space technology has the potential to tackle issues here on Earth.

Al Gore, Vice-President of the United States (1993-2001); Chairman and Co-Founder, Generation Investment Management, explained how it can help with climate action by tracking emissions.

View: https://youtu.be/9hysHT788lY
.51 min

And the experiments astronauts conduct aboard the International Space Station help us understand more about life on Earth, said Matthias Maurer.

View: https://youtu.be/S98eMbb82_Y
.45 min

But, regulation and equitable access are important if we're to realise the potential and mitigate the risks - especially as the volume of satellites in orbit continues to increase.

If only countries with access to satellites get access to the data, we deny other countries the opportunity to benefit from that knowledge, stressed Sarah Al Amiri, Minister of State for Advanced Technology, Ministry of Industry and Advanced Technology of the United Arab Emirates.

View: https://youtu.be/VyQwPSqTjXY
.27 min

Although not specific to space technology, a new World Economic Forum report today emphasised the challenges that Africa, in particular, faces in joining the global knowledge-based digital economy.

And, echoing the warnings of the World Economic Forum's Global Risks Report, Josef Aschbacher, the Director-General, of the European Space Agency, called for regulation to manage the ever-increasing volume of satellites in orbit.

View: https://youtu.be/6Jo8_qoDKY8
.33 min

An inclusive economic recovery from COVID-19 is possible - if key steps are taken

The COVID-19 pandemic has caused significant economic disruption across the globe. Today, speakers highlighted the work that's needed in the recovery.

View: https://youtu.be/xwJzrZ52h78
.46 min

President Joko Widodo said that Indonesia's G20 2022 presidency will play its part by becoming a catalyst for an inclusive global economic recovery.

He also called on business leaders to contribute and work together to ensure this inclusive global recovery.

View: https://youtu.be/1fA-2DMQAFY
.58 min

We need to look at how trade can benefit ordinary people, said Ngozi Okonjo-Iweala, the Director-General of the WTO in the Restoring Trust in Global Trade and Supply Chains session.

View: https://youtu.be/G1Vd5SmF0fs
.27 min

And we need to take hard-earned lessons from the past two years and build towards something that is better, rather than reverting to the way things were before, urged Katherine Tai, the United States Trade Representative.

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.53 min

New approaches can tackle supply challenges
European Commission President Ursula von der Leyen announced the European Chip Act in her Special Address.

The act, which will be proposed in early February, aims to increase microchip production across the continent in the face of global supply challenges and a dependency on manufacturers from outside the region.

"The European need for chips will double in the next decade," von der Leyen explained. "This is why we need to radically raise Europe's game on the development, production and use of this key technology."

View: https://youtu.be/f9OAQQoAc98
1:12 min

The act will enable progress in 5 key areas, von der Leyen explained.

https://youtu.be/lB5ACCEoeRA 1:37 min

Astronaut Matthias Maurer joins the World Economic Forum live from space
Today the World Economic Forum's Davos Agenda came live from beyond our atmosphere.
The Live from Space: The Next Frontier for Knowledge and Action session saw astronaut Matthias Maurer take part from the International Space Station.

But what's next for space exploration? And in particular, how could it help solve some of the biggest challenges back on Earth?

The future of space
Space is increasingly crowded and commercialised, according to the World Economic Forum's latest Global Risks Report.

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Just 3% of those surveyed for the report think that the global measures to manage the risks that come from this are effective.

As Carolina Klint, Risk Management Leader, Europe for report co-author, Marsh & McLennan, wrote for Agenda: "The diversification of actors is an exciting development but dated space governance frameworks are coming under considerable pressure, exposing fault lines between the ambitions of different players and the acceptability of their actions."

But effective management of these risks presents a significant opportunity, she believes.
These opportunities exist in a number of areas. for example, in tackling climate change, as Al Gore, Vice-President of the United States (1993-2001); Chairman and Co-Founder, Generation Investment Management, explained.

View: https://youtu.be/9hysHT788lY
.52 min

If you consider something like GPS, it's also clear how quickly the opportunities offered by space exploration can become integrated into our lives, he added.

View: https://youtu.be/bLEbkEw-68s
.24 min

And access is increasing all the time thanks to significant falls in the cost of putting satellites into space, Chris Kemp, the Founder, Chairman and Chief Executive Officer of Astra, said. This has enabled a new generation of entrepreneurs.

View: https://youtu.be/MSX7vVr6vJ4
.45 min

But the data and knowledge that's gained from space should not be limited to those who own satellites, explained Sarah Al Amiri, the Minister of State for Advanced Technology, Ministry of Industry and Advanced Technology of the United Arab Emirates.

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.41 min

And the volume of satellites means that regulation is important, explained Josef Aschbacher, the Director-General of the European Space Agency, echoing the message from the Risks Report.

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.33

A voice from space

Astronauts on the International Space Station support these efforts to understand more about our planet through the experiments they conduct, explained Matthias Maurer.
(Well, when they're not exercising.)

View: https://youtu.be/S98eMbb82_Y
.45 min

The effects of life in space on astronauts can be significant, he added. But this impact can help scientists understand more about diseases that affect people on Earth.

Matthias Maurer | Astronauts Are Guinea Pigs For How To Fight Diseases 1:23 min

The cross-country and international collaboration aboard the space station should also be a model for how we tackle major challenges on Earth - in particular, climate change.

Matthias Maurer | Fighting Climate Change .39 min

But the reverse is also true. We need to learn from our mistakes on Earth to inform the future of space exploration.

Matthias Maurer | Measures To Ensure Space Is Clean And Accessible 1:10 min

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marsh

On TB every waking moment
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Day 4

Can ESG metrics help create a sustainable future?
That’s what top business leaders discussed today at the Davos Agenda ‘ESG metrics for a sustainable future' session.

Overall, the panel highlighted the large shift that had taken place when it comes to ESG and sustainable reporting.

Gillian Tett of the Financial Times noted that CEOs had touched on a, “business mindset shift as companies move from tunnel vision to lateral vision on sustainable reporting.”

"The idea is to get these things standardized, then investors won’t be confused,” Brian Moynihan, Chairman and CEO, Bank of America, said.

View: https://youtu.be/r6YTB5HUGko
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“This is about competitiveness," said Julie Sweet, Chair and CEO, Accenture. "Those companies who have embraced sustainability are more profitable,” she added.

View: https://youtu.be/lHyLQuFQ5Z8
.32 min

Alain Bejjani, Chief Executive Officer, Majid Al Futtaim Holding, added: “There is the issue of measuring, but there's actually the issue of doing. What really matters is the impact that we drive.”

View: https://youtu.be/a693xOxRpjw
.27 min

Started as a project to help make sense of the confusing multitude of possible ESG disclosures, the Forum’s Stakeholder Capitalism Metrics lay out a universal core set of non-financial disclosures companies can use.

Now, more than 140 businesses have shown support for the Stakeholder Capitalism Metrics initiative with over 50 already including the metrics in their reporting.
Learnings from these companies have helped inform the efforts the IFRS Foundation in establishing its International Sustainability Standards Board (ISSB), which was announced at COP26.

The ISSB is focusing on creating widely accepted sustainability standard for companies, in the same way the IFRS also did for financial standards decades ago.

Frans Van Hooten, CEO at Royal Philips, highlighted that ESG alignment is important, but additional actions will also be needed to reach climate goals.

“Once we have transparency on ESG metrics, there needs to be a cost to not being sustainable, a cost to being wasteful, a cost to carbon emissions."

View: https://youtu.be/XbtGsuYis0g
.34 min

Ursula von der Leyen announces European Chips Act at The Davos Agenda
European Commission President Ursula von der Leyen has announced a new European Chips Act.

The act comes as the European need for chips will double in the next decade, she said. "We need to radically raise Europe's game on the development, production and use of this key technology."

View: https://youtu.be/f9OAQQoAc98
1:13 min

The act will enable progress across 5 areas, von der Leyen explained.
1. Strengthened research and innovation capacity in Europe
2. Ensure European leadership in design and manufacturing
3. Adaption of state aid rules to allow public support - for the first time - for European, first-of-a-kind production facilities
4. Improved ability to anticipate and respond to shortages and supply issues in the area
5. Support for smaller, innovative companies

View: https://youtu.be/lB5ACCEoeRA
1:37 min

You can watch Ursula von der Leyen's special address in full here.

The state of the world, curated
Dr. Anthony Fauci helped kick off the first day of The Davos Agenda by describing the destructive role of disinformation during the pandemic.

The best corrective, he said, would be “getting out as much correct information as we possibly can.”

View: https://youtu.be/fFaXVti7T1M
.54 min

The focus of this year’s virtual event is the State of the World in 2022, and in terms of information flow that state might be best described as confusing deluge.

The Forum’s Strategic Intelligence platform uses human and machine input to cultivate insights and ideas from respected experts, in a bid to help navigate this deluge – and provide a wealth of curated “correct information” in one place.
 

marsh

On TB every waking moment
Davos Page 3 of 3

Have you read?
At about the same time that the World Health Organization declared COVID-19 to be a pandemic, Strategic Intelligence published a Transformation Map on COVID-19 – which is now curated in partnership with experts at Georgetown University.
The map is accompanied by a constantly-updated feed of information and analysis on the topic, and a visualization of the pandemic’s spread.
Dots represent number of confirmed cases per country. US date format.

That visualization also includes a depiction of the waxing and waning of government efforts to stop the spread.
Degree of red shading indicates severity of restrictions. US date format.

Strategic Intelligence has also sought to help frame the racial justice issues bubbling up around the world after the killing of George Floyd. A Transformation Map on Systemic Racism was created, as were visualizations of topics including disproportionate police killings of Black people in the US.
Each dot represents the police killing of a Black person. US date format.

The climate crisis also remained in focus on the platform, through maps on Climate Change, Climate Indicators, the Future of the Environment, and more.
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Here are a few recent items from Strategic Intelligence content feeds on the state of the world for further reading:

- After Omicron, we could all use a break. According to this piece, we may just get it. (STAT)
- Employees are demanding employers engage on topics like racial equity, according to this piece, and we’re entering an age that may upend assumptions about power within organizations. (MIT Sloan Management Review)
- Why women’s leadership is key to climate action. (Eco-Business)
Here are some items informed by the content feeds, and by the Forum’s Expert Network:
- What Microsoft’s big Activision Blizzard deal means for the metaverse.
- Are we ready for the 100-year life? An expert weighs in.
- Antarctica has benefitted from extraordinary global cooperation. Are its days numbered?

Event Highlights
What hydrogen and the global energy transition mean for industry in 2022
How to accelerate the net-zero transition in transport
Driving a global effort against Alzheimer’s
5 ways the circular economy will transform your fashion habits
3 ways to reinvent affordable housing in a post-pandemic world
Predictions 2022: CEOs and top leaders share tactics that will speed the net zero transition
Innovation helped entrepreneurs and small businesses survive COVID-19. Here's how it can drive future prosperity
Space, chips and trade: This was Day 4 at The Davos Agenda
Can space tech save the planet? Astronaut Matthias Maurer joins Al Gore and other experts from space
Digital healthcare can be a catalyst for greater health equity
How can healthcare and education in the Gulf keep pace with a fast-changing world?
Why adaptation strategies aren't only for governments
'There's no digital without chips': New European Chips Act announced
An attack on inequality misses its target
Boosting capital for development – Here’s how to advance sustainable Foreign Direct Investment
How sustainable aquaculture can help meet the growing demand for blue food
Two ways corporates can support women entrepreneurs
These are the most international universities in the world in 2022
What Latin America needs to address in 2022
Building an inclusive metaverse starts now. Here's how
Updates from our partners
Highlight sessions
Must-watch talks, curated by the World Economic Forum team
Monday, January 17, 2022
Special Address by Xi Jinping, President of the People's Republic of China
Speakers: Xi Jinping, Klaus Schwab
Watch session

COVID-19: What’s Next?
Speakers: Francine Lacqua, Stéphane Bancel, Richard Hatchett, Anthony S. Fauci, Annelies Wilder-Smith
Watch session

Technology Cooperation in the Fourth Industrial Revolution
Speakers: Samir Saran, Sunil Bharti Mittal, Hans Vestberg, Paula Ingabire, Jeremy Jurgens
Watch session

Special Address by Narendra Modi, Prime Minister of India
Speakers: Narendra Modi, Børge Brende, Klaus Schwab
Watch session

Special Address by António Guterres, Secretary-General, United Nations
Speakers: António Guterres, Børge Brende
Watch session

Tuesday, January 18, 2022
Special Address by Naftali Bennett, Prime Minister of Israel
Speakers: Naftali Bennett, Børge Brende
Watch session

Special Address by Kishida Fumio, Prime Minister of Japan
Speakers: Kishida Fumio, Klaus Schwab
Watch session

Renewing a Global Social Contract
Speakers: Alessandra Galloni, Sharan Burrow, Nicolas Schmit, Svein Tore Holsether, Nadia Calviño, Jonas Prising, Saadia Zahidi
Watch session

Meeting the Challenge of Vaccine Equity
Speakers: Julia Chatterley, Gabriela Bucher, Adar C. Poonawalla, Seth F. Berkley, John Nkengasong, Michael Ryan
Watch session

Wednesday, January 19, 2022
Special Address by Olaf Scholz, Federal Chancellor of Germany
Speakers: Olaf Scholz, Klaus Schwab
Watch session

Navigating the Energy Transition
Speakers: H.R.H. Prince Abdulaziz Bin Salman Bin Abdulaziz Al Saud, Daniel Yergin, Björn Rosengren, Fatih Birol, Vicki Hollub, Xin Baoan
Watch session

Latin America Outlook
Speakers: Marisol Argueta de Barillas, Børge Brende, Carlos Alvarado Quesada, Mauricio Claver-Carone, Guillermo Lasso, Jose Pedro Castillo Terrones, Ivan Duque, Alejandro Giammattei
Watch session

Accelerating and Scaling Up Climate Innovation
Speakers: Børge Brende, Anna Borg, Yasmine Fouad, Bill Gates, John F. Kerry
Watch session

Thursday, January 20, 2022
Special Address by Joko Widodo, President of Indonesia
Speakers: Joko Widodo, Klaus Schwab
Watch session

Special Address by Ursula von der Leyen, President of the European Commission
Speakers: Ursula von der Leyen, Klaus Schwab
Watch session

ESG Metrics for a Sustainable Future
Speakers: Gillian R. Tett, Julie Sweet, Brian T. Moynihan, Alain Bejjani, Frans van Houten
Watch session

Live from Space: The Next Frontier for Knowledge and Action
Speakers: Rebecca Blumenstein, Josef Aschbacher, Al Gore, Sarah Al Amiri, Chris Kemp, Matthias Maurer
Watch session

Restoring Trust in Global Trade and Supply Chains
Speakers: Klaus Schwab, Ngozi Okonjo-Iweala, Katherine Tai, Pat Gelsinger, Sultan Ahmed bin Sulayem, Martin Lundstedt
Watch session

Friday, January 21, 2022
Special Address by Scott Morrison, Prime Minister of Australia
Speakers: Scott Morrison, Børge Brende
09:00 - 09:45CET

Special Address by Yemi Osinbajo, Vice-President of Nigeria
Speakers: Yemi Osinbajo, Børge Brende
Watch session

Global Economic Outlook
Speakers: Geoff Cutmore, Sri Mulyani Indrawati, Kuroda Haruhiko, Paulo Guedes, Christine Lagarde, Kristalina Georgieva
13:30 - 14:30CET

Building Future Preparedness
Speakers: Adam Tooze, Mohammed Al-Jadaan, Odile Françoise Renaud-Basso, Jeremy Farrar, Christian Mumenthaler
15:00 - 15:45CET

Accelerating a Nature-Positive Economy for People and Planet
Speakers: Andrew Steer, Achim Steiner, Matilda Ernkrans, Bill Winters, Geraldine Matchett, Anish Shah, Gim Huay Neo
16:30 - 17:30CET

A Conversation with Janet L. Yellen, Secretary of the Treasury of the United States of America
Speakers: Janet L. Yellen, Klaus Schwab
17:30 - 18:00CET

See the full programme
 

marsh

On TB every waking moment
(Cross posted from the Coronavirus thread)


The News that Doesn't make it to "Mainstream"
This week's big news

Please watch this video.


It is ten minutes long, and may be the best time you spend today.
This is what we are up against.

View: https://youtu.be/GpqC1cb-RmU
8:56 min

Covid-19 vaccines and treatments: we must have raw data, now BMJ 2022 (Published 19 January 2022)

We are left with publications but no access to the underlying data on reasonable request. This is worrying for trial participants, researchers, clinicians, journal editors, policy makers, and the public. The journals that have published these primary studies may argue that they faced an awkward dilemma, caught between making the summary findings available quickly and upholding the best ethical values that support timely access to underlying data. In our view, there is no dilemma; the anonymised individual participant data from clinical trials must be made available for independent scrutiny.

Pharmaceutical companies are reaping vast profits without adequate independent scrutiny of their scientific claims. The purpose of regulators is not to dance to the tune of rich global corporations and enrich them further; it is to protect the health of their populations. We need complete data transparency for all studies, we need it in the public interest, and we need it now.


A huge thank you to BMJ (British Medical Journal), who again has shown the bravery and honesty to tell truth to power.

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COVID-19 Cases and Hospitalizations by COVID-19 Vaccination Status and Previous COVID-19 Diagnosis — California and New York, May–November 2021 MMWR CDC Early Release / January 19, 2022 / 71

A study by the Centers for Disease Control and Prevention shows that those who have recovered from COVID-19 have more protection against infections from DELTA than those who have only been vaccinated.

Researchers reviewed data from California and New York from May to November, when the delta variant was dominant in the U.S.

Four groups of people were analyzed 1) unvaccinated with no prior COVID-19 infection, 2) vaccinated with no prior infection, 3) unvaccinated who recovered from COVID-19, and 4) vaccinated who recovered.
By the first week of October, COVID-19 rates among the vaccinated with no previous infection were 6.2 times lower in California and 4.5 times lower in New York than among the unvaccinated with no previous infection.
However, among the unvaccinated with a previous infection, the COVID-19 rate was 29 times lower in California and 14.7 times lower in New York.
‘Much Brighter Than Before’: COVID-19 Cases Plunge Across US By Zachary Stieber January 18, 2022 Updated: January 20, 2022

“Plunge” seems to be a strong word for a downward trend - but good news is good news. Below is a chart of World Meters for daily new cases reported in the USA (last day reported January 20, 2022).

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Now, let’s get serious. The concept of “nation state” is increasingly obsolete as it is slowly revealed that the World Economic Forum has trained and placed a wide range of “Manchurian candidates” into leadership positions across western political organizations and globalist corporations. Quoting from this brilliant synthesis of Michael Lord:
In 1992 (Klaus) Schwab established a parallel institution, the Global Leaders for Tomorrow school, which was re-established as Young Global Leaders in 2004.

Attendees at the school must apply for admission and are then subjected to a rigorous selection process. Members of the school’s very first class in 1992 already included many who went on to become important liberal political figures, such as Angela Merkel, Nicolas Sarkozy, and Tony Blair. There are currently about 1,300 graduates of this school, and the list of alumni includes several names of those who went on to become leaders of the health institutions of their respective nations. Four of them are former and current health ministers for Germany, including Jens Spahn, who has been Federal Minister of Health since 2018. Philipp Rösler, who was Minister of Health from 2009 until 2011, was appointed the WEF’s Managing Director by Schwab in 2014.

Other notable names on the school’s roster are Jacinda Ardern, the Prime Minister of New Zealand whose stringent lockdown measures have been praised by global health authorities; Emmanuel Macron, the President of France; Sebastian Kurz, who was until recently the Chancellor of Austria; Viktor Orbán, Prime Minister of Hungary; Jean-Claude Juncker, former Prime Minister of Luxembourg and President of the European Commission; and Annalena Baerbock, the leader of the German Greens who was the party’s first candidate for Chancellor in this year’s federal election, and who is still in the running to be Merkel’s successor. We also find California Governor Gavin Newsom on the list, who was selected for the class of 2005, as well as former presidential candidate and current US Secretary of Transportation Peter Buttigieg, who is a very recent alumnus, having been selected for the class of 2019. All of these politicians who were in office during the past two years have favored harsh responses to the COVID-19 pandemic, and which also happened to considerably increase their respective governments’ power.

But the school’s list of alumni is not limited to political leaders. We also find many of the captains of private industry there, including Microsoft’s Bill Gates, Amazon’s Jeff Bezos, Virgin’s Richard Branson, and the Clinton Foundation’s Chelsea Clinton. Again, all of them expressed support for the global response to the pandemic, and many reaped considerable profits as a result of the measures.”


Frankly, thinking back on Obama’s vacation with Richard Branson on his private island on the Virgin Islands immediately after the former POTUS left the White House, I am again left with the odd sense of falling down a hole and not knowing how deep it goes.

So, I offer you a question with a self-evident answer. Have these people demonstrated competence in managing this global crisis?

They believe that we should surrender our freedom to choose and exercise personal autonomy because they are better qualified to manage our affairs for us. Personally, I think that we can conclude that they have clearly demonstrated gross incompetence combined with medical ethics which seem to essentially mirror those of Dr. Josef Mengele, and we should not and cannot rely on them to lead the one world government which they wish to impose on us for our own good. Personally, a global system grounded in the philosophy of “govern me harder, daddy” is not one that I am willing to agree to, thank you very much. I have had quite enough of autocratic narcissists to last me for the rest of my life.

If you wish to really follow me down the rabbit hole, please review the documentation and video presentations concerning the The Davos Agenda of 17—21 January 2022 generously provided by the World Economic Forum, and consider reading both of the Klaus Schwab/Thierry Malleret volumes “COVID-19: The Great Resetand the more recent update “The Great Narrative (The Great Reset)”, both of which Amazon will be quite willing to sell you. And for a weekly update, you can subscribe to Thierry Malleret’s “Monthly Barometer”, which Amazon summarizes for us as follows:

"Thierry Malleret is the Managing Partner of The Monthly Barometer, a succinct predictive newsletter that also provides tailor-made research to its subscribers."

At least the overlords are willing to provide us a window into their current plans for managing our lives. For a price, of course. Extracting just a bit of rent along the way; a little pinprick. Personally, I do not wish to become comfortably numb. Leave our kids alone.
 
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marsh

On TB every waking moment

The Digital U.S. Dollar…
Posted by Kane on January 21, 2022 10:55 am

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Federal Reserve releases White Paper on creation of digital U.S. Dollar.

Read it here…

View: https://twitter.com/i/status/1484246931824168969
2:17 min

WSJ did a piece exploring the idea
View: https://youtu.be/8u8qZT33DX4
6:20 min
 
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