Treasury Sec Yellen Wants $3 Trillion a Year to Save Planet

It's wonderful how no one in the Biden administration can do their actual jobs, but they're instant experts on how to end racism through equity and save the planet by spending mindboggling amounts of money.

Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 trillion in new capital each year through 2050, far above current annual financing, but that filling the gap is the biggest economic opportunity of the 21st century.

It's manufacturing a crisis and then making money from solutions to a crisis that does not exist.

The crisis, as usual, is the crisis, and the solution is to stop falling for it.

"Neglecting to address climate change and the loss of nature and biodiversity is not just bad environmental policy. It is bad economic policy," Yellen said in a speech after attending a G20 finance leaders meeting on Thursday and Friday in Rio de Janeiro.

Listening to Janet Yellen spout buzzwords and then announce that more spending is needed at whatever random global location the current globalist event is being held at has nothing to do with the environment and is bad economic policy.

Yellen said the banks, including the World Bank and the Inter-American Development Bank were setting new targets. 

https://www.frontpagemag.com/treasury-sec-yellen-wants-3-trillion-a-year-to-save-planet/