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The Net Zero Alliance Is Falling Apart. It’s Happening None Too Soon.
The climate change movement has always been more about alarmism and propaganda than real science. There is no evidence that human-caused CO2 emissions have a material impact on climate. The real drivers of climate change are solar cycles, volcanoes, ocean currents (including subduction of warmer, saltier water under cold water), and other natural forces that are beyond the control of humans.
Climate does change, but it happens over centuries and millennia for reasons that have nothing to do with automobiles, power generation, and natural gas stoves. The United Nations “models” that predict climate catastrophe are so deficient they can’t even back-test correctly using known data, let alone forecast.
The models are riddled with erroneous assumptions and ignore feedback loops that tend to mitigate the forecasted crisis. With all of this baggage, one would have thought the climate alarm movement would have collapsed amid ridicule long ago. That has not happened because of the array of powerful non-scientific entities such as the World Economic Forum, the EU bureaucracy, the White House, and the compliant (and not so bright) media who keep banging the drum about an “existential threat” that does not really exist.
Still, there are some rays of hope that the climate scam may be falling under its own weight. One of the most powerful institutions created to promote the climate scam is called the Glasgow Financial Alliance for Net Zero (GFANZ), led by known climate propagandists like Michael Bloomberg, Mark Carney (head of three central banks), and Mary Shapiro (a reliable Bloomberg apparatchik and former head of the SEC, CFTC and Finra).
GFANZ is designed to force the financial industry to push the climate alarm agenda by de-funding energy companies and promoting Green New Scam technologies. GFANZ operates through so-called “alliances” that target specific industries. One such alliance is the Net-Zero Insurance Alliance (NZIA), designed to force insurance companies to deny insurance to oil and natural gas companies, among others.
Now, as reported here, the insurance company members of NZIA are running for the exits. Seven members of NZIA have quit the alliance in recent months, including five of the eight founding signatories and the alliance chair.
Companies quitting the NZIA include giants such as AXA, Alliance, and SCOR. The reasons for quitting were mainly political.
U.S. state attorneys general from 23 states have warned the NZIA members that their activities may violate federal and state antitrust laws. If the attorneys general moved forward with those cases, it could result in billions of dollars in damages against the NZIA members and possible break-up of the companies. Shareholder lawsuits for damages against the company directors would not be far behind.
GFNAZ and its alliances were always a scam, part of the larger climate scam. Everyday Americans should thank the attorneys general for helping to stop the scam in its tracks.
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