Friday, July 1, 2022

Corporate Technocrats Use ESG To Drive Technocracy

ESG (Environmental, Social, Governance) is a United Nations inspired global scam to drive the world into Sustainable Development (aka Technocracy), control all resources and kill capitalism and free market economics all at the same time. ESG is backed by the UN, the World Economic Forum and major investment banks.

ESG, or environmental, social and governance, funds are supposed to be those focused on companies with strong environmental ethics and responsibility

  • Further investigation reveals rampant greenwashing has occurred, and many ESG-labeled funds are far from "sustainable"
  • The SEC is cracking down on ESG labels, with multiple investigations launched into ESG greenwashing

Murky Guidelines Mire ESG Label Credibility

  • There are no regulations that define what qualifies as a company that's environmentally or socially responsible
  • S&P and MSCI have established their own ratings system for ESG labels, with controversial methodologies
  • Many "ESG" funds still hold major emitters like ExxonMobil, and are only marginally less carbon-intensive than the market average
  • It wasn't until May 2022 that the SEC announced plans to develop stricter standards

SEC Goes After Goldman Sachs

  • After an investigation into greenwashing by Deutsche Bank in 2021, the SEC is now going after Goldman Sachs.
  • The SEC will determine whether the SEC’s actual methods for managing ESG funds differ from what the bank has disclosed to investors.

'The World's Largest Ponzi Scheme'

  • BlackRock founder and CEO Larry Fink, who has close ties to the World Economic Forum's (WEF) head Klaus Schwab, and joined WEF's board in 2019, stated in October 2021, "Short-term policies related to environmentalism in terms of restricting supply of hydrocarbons has created energy inflation, and we're going to be living with that for some time."
  • ESG advocates have sought to portray as a conspiracy theory the link between ESG and higher oil and gas prices.
  • However, investment firm BlackRock has more power than most governments on Earth, and it also controls the Federal Reserve, mega-banks like Goldman Sachs and the WEF’s Great Reset, according to F. William Engdahl.

Elon Musk Calls ESG a 'Scam'

  • Tesla was removed from the S&P 500 ESG Index, despite its focus on creating environmentally conscious vehicles
  • Incidents of racial discrimination at a company factory were cited as one factor in its removal, and Tesla was said to be "ineligible for index inclusion due to its low S-P DJI ESG Score, which fell in the bottom 25% of its global GICS® industry group peers."
  • Elon Musk tweeted that ESG is a scam, and has been weaponized by phony social justice warriors

A New System of Control Via Allocation of Resources

  • While the notion of a pollution-free world is an attractive one, ultimately this isn't about the environment - it's all about creating a control system in which the world's resources are owned by the richest of the rich, while the rest of the population can be controlled through the allocation of those resources
  • ESG is one tactic being used to push the "green" agenda forward
  • This will centralize power in the hands of stakeholder capitalists under the benevolent guise of reinventing capitalism through fairer and greener means, using deceptive slogans like 'Build Back Better' without sacrificing the perpetual growth imperative of capitalism

 

https://www.technocracy.news/corporate-technocrats-use-esg-to-drive-technocracy/ 

No comments: