One of the most divisive issues today is that of so-called global warming/climate change. But, no matter where you stand on the issue – it’s an elaborate hoax being perpetrated by authoritarian globalists, or that climate change is going to destroy the planet – what is true is that an entire global warming industry is about to be created, and it will be worth hundreds of billions of dollars per year.
As noted by Reason magazine, one of the most under-reported aspects of the 2015 United Nations Climate Change Conference, also know as the Paris Agreement, is the Green Climate Fund, or GCF – a financial instrument designed “to assist developing countries in adaptation and mitigation practices to counter climate change.”
Current estimates say that developed countries will be obligated to contribute some $450 billion each year by 2020 to the GCF, which then plans to “redistribute” those funds to developing countries that are allegedly being victimized by “climate change.”
If this boondoggle sounds familiar, consider it a global version of Democrats’ “tax the rich,” and “the rich need to pay their fair share” schemes they advocate for U.S. taxpayers – because they seem to be incapable of pushing policies that don’t punish success.
In any event, Reason notes that “poor” countries are already positioning themselves to grab their fair share of that global booty:
Lo and behold, Zimbabwe’s government-run daily “newspaper” The Herald reported that “Southern Africa is already counting the costs of climate change-linked catastrophes… In Zimbabwe, which has seen a succession of droughts since 2012, a fifth of the population is facing hunger… feeding them will cost $1.5 billion or 11 percent of… the Gross Domestic Product.”
No doubt Robert Mugabe, the 91-year-old dictator who has ruled Zimbabwe since 1980, is salivating at the prospect of some global warming cash. Beginning in 2000, Mugabe started to expropriate privately-held agricultural land. The result of what what is euphemistically called “land reform,” was a monumental fall in productivity and the second highest bout of hyperinflation in recorded history.
Mugabe’s insane land theft-and-redistribution schemes have also resulted in a brain-and-talent drain for Zimbabwe; three million of the smartest, most productive people – doctors, lawyers, scientists, commercial farmers – have left the country. Most of those who are left work hand-to-mouth and have little wealth, so there isn’t much left for Mugabe to loot.
But here come the gullible Westerners, ready and willing to use OPM – other people’s money – to continue to prop up disastrous, failed, authoritarian regimes with billions of dollars, funds that will no doubt be used to further solidify power and oppress entire nations.
Zimbabwe, as one example, never used to be such a basket case. Once upon a time, it was the breadbasket of the region, but the land redistribution away from mostly white farmers to black, under-educated and under-capitalized farmers is what has caused, and continues to cause, the country’s massive food shortages.
“As befits an African dictatorship, Zimbabwe is one of the most corrupt places on earth,” Reason reports. “The notion that GCF funds will be will used for environmental ‘adaptation and mitigation’ is a dangerous fantasy [and we would add expensive as well].
“Like much foreign aid before it, most of the ‘green aid’ money will likely end up in the pockets of some of the cruelest and most corrupt people on earth. The U.S. Congress must stand firm and refuse to appropriate any money for the fund,” the magazine reported in its online edition.
There will also be corporate winners – among them, climate champion and former Vice President Al Gore, who has literally made a fortune off of pushing “green” energy solutions.
With that much money being pledged, and with the express intent by the GCF managers to give it away, you can bet the line for that gravy train will extend far around the corner of a city block.