climate change clock
By Jim Rickards

Central Bankers can’t get through a speech without discussing climate change. Why are central bankers talking about climate change at all? It seems odd. Climate change is being used as a stalking horse by global elites to push an agenda of global taxation and global governance. If you want a global solution, you need a global problem and climate change fills the bill. 

Central bank support for the climate change agenda is more than just rhetoric. They may decide that loans to energy companies should be discouraged and finance for wind and solar systems should receive favorable treatment. This type of social engineering by unelected central bankers is beyond the traditional role of a central bank, but it’s happening anyway as part of a concerted effort by elites in banking, government, media and elsewhere to push the Green agenda.

https://www.project-syndicate.org/commentary/central-banking-green-transition-climate-change-by-mariana-mazzucato-et-al-2020-12