Lucrative Profits From Climate Scaremongering

Lucrative Profits From Climate Scaremongering
U.S. dollar banknotes are shown in a picture taken on Dec. 7, 2021. (Ozan Kose/AFP via Getty Images)
Chadwick Hagan
2/16/2023
Updated:
2/16/2023
0:00
Commentary

When it comes to apocalyptic warnings about global emissions and environmental destruction, the world’s capitalist economies take the blame.

While it is true that capitalist economies are more industrialized than other countries, the reality is that any country that currently emits emissions is responsible for their part in ongoing emissions, whether it be fossil fuels, deforestation, cement production, agriculture production, landfills, or fertilizers. It doesn’t matter if we are talking about historical emissions or the present day. Emissions are emissions. At least that’s what I think, as a rational and practical thinker.

But this is not the case in the eyes of fanatical environmentalists, far-left academic environmentalists, and corporate globalists.

To many woke activists and climate radicals, the industrial revolutions created by capitalistic societies infringed on the rights of the global south: Latin America, Asia, Africa, and Oceania. Because of that, western markets must suffer. Further, many suggest that northern (western) economies must be penalized as a form of self-immolation for the sins against the global south.

This is largely why emissions from China, India, Asia, or Latin America are overlooked, because the West “owes” this to the other countries. U.S. emissions are essentially blamed for setting up a system of inequality which eventually influenced gender roles, private property, and even voter identification laws.

Because of such oppression from western capitalism, the global south gets a free pass on pollution.

How does this make any sense?

As a logical professional and a critical thinker, I believe it is important that we look at facts when it pertains to our finances and freedoms. Otherwise the goal to drive western economies and Western civilization into bankruptcy while handing the outsourced business to the other part of the world that willingly accepts socialism is inching closer and closer to reality. The Marxist agenda in modern-day environmentalism is hard to miss.

Often the politicians are the problem. For instance, one of the U.K. government’s leading Net Zero advisers, who is in the House of Lords, has a company specializing in clean energy projects, chairs the climate change committee (CCC), and is also the chairman of a consultancy that has worked with an investment firm responsible for financing “environmental infrastructure markets.” Many elected officials in the United States follow the same pattern.

Playing both sides of the deal is not exactly conflict-free.

The climate scaremongering has created a flurry of business opportunities; some are legitimate and others are questionable. The environmental, social and governance (ESG) agenda has largely failed in America, but only after outrage and intervention from conservative leadership. As I wrote last year, in the United States ESG economics simply do not add up. America doesn’t even have a comprehensive carbon credit system yet. How irrational then to think ESG monitoring could be rolled out with any success at all.

Solar power is very big business, complete with millions and millions of dollars’ worth of government subsidies; but solar panels are considered hazardous waste and must be disposed of properly. Also, scaping farmland for solar panel installation does not allow for much nature to thrive, if any. Some solar panels are so reflective that animals are killed as soon as they come in contact with the panels. Not to mention the litany of rare earth mining needed for minerals and materials to construct solar equipment.

Wind energy is no better. Turbines have killed countless birds—even eagles—and now the turbines are even fallowing over! A recent article from Popular Mechanics stated: “Multiple turbines that are taller than 750 feet are collapsing across the world, with the tallest—784 feet in stature—falling in Germany in September 2021. To put it in perspective, those turbines are taller than both the Space Needle in Seattle and the Washington Monument in Washington, D.C. Even smaller turbines that recently took a tumble in Oklahoma, Wisconsin, Wales, and Colorado were about the height of the Statue of Liberty.”

Turbines also require substantial materials and manufacturing. Most turbines are predominantly made of steel, fiberglass, resin, cast iron, copper, and aluminum. Not exactly 100 percent green.

Yet, like the ongoing environmental travesty from the train derailment in East Palestine, Ohio, no one talks about the damage caused by solar panels or wind turbines. No one talks about the obvious conflicts of interest, or the cottage industries secretly profiting from such business deals.

This must stop. It is crystal clear that far-left liberals and climate radicals are running this country into the ground. It is time conservatives took over the narrative of environmentalism. Conservatives must forge their own American version of environmentalism; they must hijack the environmental narrative and create a practical agenda that will shape environmental policy for the next 50–100 years.

It is time to take the power away from the radicals. Otherwise, America is absolutely doomed.

Chad is a financier, author, and columnist. He has managed businesses and investments in global markets for over two decades. He is the host of the podcast Deep Dive Inside, which discusses Western society. His latest book is The Myth of California: How Big Government Destroyed The Golden State (2024).
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