"Climate Control: Exposing the Decarbonization Collusion in ESG
Investing" report targets Mark
Carney's GFANZ among other climate finance collectives says
Friends of Science Society. Canada's greenwashing legislation in Bill C-59
seems to follow this playbook.
CALGARY,
Alberta, June 25, 2024 /PRNewswire-PRWeb/ -- A
bombshell report titled "Climate Control: Exposing the
Decarbonization Collusion in ESG Investing" has exposed massive
financial and shareholder coercion in climate finance, says Friends
of Science Society.
The climate cartel has declared war on the
American way of life. The climate cartel is waging "a Global World
War" for net zero against disfavored American companies, including
those in the fossil fuel, aviation, and farming industries that
allow Americans to drive, fly, and eat.
Prof. Jessica Weinkle's
Mar. 01, 2023 testimony to the US
Senate on climate risk includes comments on Conflicts of Interests.
(pg. 9)
Issued by The US House Judiciary Subcommittee on the
Administrative State, Regulatory Reform, and Antitrust the "Climate
Control" report targets groups like Mark
Carney's GFANZ (Glasgow Financial Alliance for Net Zero) and
ClimateAction 100+ among others.
The report states: "The climate cartel has declared war on the
American way of life. The climate cartel is waging "a Global World
War" for net zero against disfavored American companies, including
those in the fossil fuel, aviation, and farming industries that
allow Americans to drive, fly, and eat. It has described Climate
Action 100+ as "the global Navy," and compared Ceres's efforts to
"the Army ground troops" and "an 'air cover' strategic and silent
bombing campaign by a newly funded division of the Air Force."
Some 272,294 documents and 2,565,258 pages of non-public
information were received and reviewed. Also noted in the report:
"Due to their failure to produce responsive material timely and
fulsomely, the Committee was forced to issue document subpoenas to
GFANZ, Ceres, As You Sow, Arjuna, BlackRock, State Street,
Vanguard, ISS, and Glass Lewis."
The report claims that the "climate cartel imposes these radical
policies by weaponizing ever-escalating pressure tactics…" on
corporations. One of the tactics is forcing companies to make
"immaterial disclosure of carbon emissions," a tactic being pushed
in the US and Canada.
In Canada, Friends of Science
Society has issued a number of Open Letters to the Office of the
Superintendent of Financial Institutions, Bank of Canada, and the Canadian Securities
Administrator pointing out the folly of forcing corporations to
waste time and money on climate risk reporting that is invalidated
by the implausible climate scenarios recommended. Furthermore, they
argue, such reporting exposes companies to shareholder liabilities
and lawfare by climate activists.
As reported by CBC's "What on Earth?," Environment Canada now
claims to be able to attribute an extreme weather event to
human-caused climate change within 7 days of the event, which CBC
says "will help victims sue" as reported in this Western Standard
article.
Canada has recently radically
altered the framing of the Competition Bureau's "greenwashing"
legislation, within a few sections of legislation slipped into an
economic Bill C-59. In plain language, the actual standards are
vague, but the financial penalties for violation are huge. Friends
of Science Society says this presents an open invitation for
radical climate lawfare. Further, advertising claims, for instance,
about a firm's product, service, or actions to seek "Net Zero" must
be provable according to an undefined international standard. More
details are in this summary brief by Norton, Rose,
Fulbright.
Much of this relates to the Catherine
McKenna-led Nov. 2022 report
"Integrity Matters" which demanded mandatory reporting and cracking
down on greenwashing, shifting focus from national Paris Agreement
reporting to reporting by corporations, cities and financial
institutions.
Friends of Science Society issued a rebuttal statement at the
time, pointing out that imposing regulations for a goal that cannot
be met shows a lack of integrity. According to an in-depth,
meticulous mining and minerals study by Prof. Simon Michaux for the Geological Society of
Finland, there is no material
supply chain for Net Zero 2030 or even 2050.
Energy expert, Prof. Emeritus Vaclav
Smil shows that Net Zero is unlikely.
A recent Friends of Science review of three Canadian Net Zero
plans shows the Canadian targets cannot be met without extreme
degrowth and poverty, an abomination for a country with one of the
richest resource and energy sectors in the world. Video explainer
here.
In 2019, The Guardian reported that Mark
Carney stated "Firms ignoring the climate crisis will go
bankrupt."
As the CLINTEL international network of 1,931 scientists and
scholars have shown, there is no climate crisis or emergency. Even
the Intergovernmental Panel on Climate Change (IPCC) AR6 Working
Group I Physical Sciences report of August
2019 only mentions 'climate emergency' and 'climate crisis'
once in reference to media coverage.
Thus, one can conclude the people doing the real greenwashing,
misleading, and deception – perhaps ideological self-deception -
are the climate cartel participants and advisors like Mark Carney and Catherine McKenna.
About
Friends of Science Society is an independent group of earth,
atmospheric and solar scientists, engineers, and citizens that is
celebrating its 22nd year of offering climate science insights.
After a thorough review of a broad spectrum of literature on
climate change, Friends of Science Society has concluded that the
sun is the main driver of climate change, not carbon dioxide
(CO2).
Friends of Science Society
PO Box 61172 RPO Kensington
Calgary AB T2N 4S6
Canada
Toll-free Telephone: 1-888-789-9597
Web: friendsofscience.org
E-mail: contact(at)friendsofscience(dot)org
Web: climatechange101.ca
Media Contact
Michelle Stirling, Friends of
Science Society, 8887899597, media@friendsofscience.org,
https://friendsofscience.org/
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SOURCE Friends of Science Society