Music and Texts of  GARY BACHLUND

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Collected Poetry

VOLUME SIXTEEN  

 

Original materials - Copyright © 2020v by Gary Bachlund    All international rights reserved

"In reading The History of Nations, we find that, like individuals, they have their whims and their peculiarities, their seasons of excitement and recklessness, when they care not what they do. We find that whole communities suddenly fix their minds upon one object and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the first." Charles MacKay, 1841.

Fido filet

" 'Climate crisis trends show an increased chance of warmer, wetter winters and hotter, dryer summers, along with an increase of frequency and intensity of extremes. Better wrap up warm, stockpile food and remember there is a surprising amount of food in the average household pet. Looking ahead we are on course to sail past our 1.5 degree centigrade target putting us on track for long lasting and irreversible change'." in "Dame Emma Thompson gives gloomy forecast in Extinction Rebellion protest," BT, 5 December 2019.

 

Fido filet is served up the day
    When panic envelops us all.
Hound dog chops -- a hyperbole, say? --
    Are surprising filling, though small.

Mutt, not mutton, is served as fine fare
    As crises burst into flame.
Imagine the victuals when larders go bare,
    To blunt the carnivores' shame.

Indulge in indulgences, mostly in cash,
    That governments would close this bazaar.
If only, yes only, the smorgasbord hash
    Were cooler, not crueler, by far.

Kitty so pretty will quite fill the bill
    When imagining all sorts of things.
It takes just a dame to act out this swill,
    As panic its new menu brings.

Fido filet was served up the day
    When rose the last socialist squall.
Hound dog chops -- doesn't history say? --
    Were surprising filling, though small.

 

Addendum of One of Extinction Rebellion's Jet Setters:    "Many viewers of her interview slammed Miss Jones's 'crocodile tears' and called for her and fellow Extinction Rebellion - XR - protesters to leave the area. Now the 23-year-old eco-warrior faces claims of hypocrisy after photos emerged of her carbon spewing lifestyle, globetrotting to far-flung exotic locations." In "Revealed: 'Rank hypocrisy' of globetrotting Extinction Rebellion jet setter's lifestyle after she shed 'crocodile tears' over climate protest that stopped son seeing his dying dad," by Jake Wallis Simons, Daily Mail, 25 July 2019.

 

Addendum of Remedies for the Irremediable:   "Three causes especially have excited the discontent of mankind; and, by impelling us to seek for remedies for the irremediable, have bewildered us in a maze of madness and error. These are death, toil, and ignorance of the future—the doom of man upon this sphere, and for which he shews his antipathy by his love of life, his longing for abundance, and his craving curiosity to pierce the secrets of the days to come. The first has led many to imagine that they might find means to avoid death, or, failing in this, that they might, nevertheless, so prolong existence as to reckon it by centuries instead of units. From this sprang the search, so long continued and still pursued, for the elixir vitæ, or water of life, which has led thousands to pretend to it and millions to believe in it. From the second sprang the absurd search for the philosopher's stone, which was to create plenty by changing all metals into gold; and from the third, the false sciences of astrology, divination, and their divisions of necromancy, chiromancy, augury, with all their train of signs, portents, and omens."   In "Extraordinary Popular Delusions and the Madness of Crowds," Charles MacKay, 1841.

 

Consider the Recent and Proven History of  Bankrupt green  and a Musing on The Privileges of Intellectuals

 

Addendum of an Alternative to Eating Fido:    "Let nobody tell you that the second decade of the 21st century has been a bad time. We are living through the greatest improvement in human living standards in history. Extreme poverty has fallen below 10 per cent of the world’s population for the first time. It was 60 per cent when I was born. Global inequality has been plunging as Africa and Asia experience faster economic growth than Europe and North America; child mortality has fallen to record low levels; famine virtually went extinct; malaria, polio and heart disease are all in decline."   In "We’ve just had the best decade in human history. Seriously," by Matt Ridley, Spectator UK 21 December 2019. 

 

Addendum II of an Alternative to Eating Fido:   "...the climate change crop scare is pure fiction. Presenting crop data collected by the UN Food and Agriculture Organization, the Global Economy website documents that U.S. crop yields are enjoying excellent short-term, mid-term, and long-term growth, with new records being set almost every year. According to the USDA publication, 'Crop Production Historical Track Records,' the past three years produced the three highest U.S. wheat yields per acre in history. The past five years produced the five highest U.S. corn yields and the five highest soybean yields per acre in history. U.S. and global crop production are a story of steady growth and almost yearly new records as the Earth modestly warms." In "Waking up on climate change: Farm yields keep shattering records," by James Taylor, CFact, 3 January 2020.


 

That's how it works

"When the global elite are aligned against him and laughing like the immature cool kids you hated in middle school, President Donald Trump is winning When the liberal law professors are neglecting their Thanksgiving turkeys to read congressional transcripts and snarking about Trump's 13-year old son, Trump is winning. When the politicians are mad — so mad that they have shut down all policymaking to impeach the President of the United States on what constitutional scholar Jonathan Turley called 'wafer thin' evidence —Trump is winning." In "Donald Trump was elected to break the elite. Of course they want to impeach him," by Scott Jennings, CNN Opinion, 5 December 2019.   [ 1 ]

 

That's how it works

As partisan quirks
Sink bi-partisans' ship.

        That's how it goes,
        As partisan woes

        Drip and slip and rip.

                That's how it acts,

                Threats and attacks,

                A partisan fever to whip.

 

NOTES

 

[ 1 ]     "Break the elite?"  The assertion might be mere politics, but Jennings adds, "...partisanship is more important than policymaking? That House Democrats have no confidence in their party's ability to beat Donald Trump in an election. And, perhaps most alarmingly, that impeachment — once reserved for the gravest of situations — is now just another tool to inflict damage on their political opponents."

          " 'Before I finished my testimony, my home and office were inundated with threatening messages and demands that I be fired from George Washington University for arguing that, while a case for impeachment can be made, it has not been made on this record,' Turley wrote in an op-ed published Thursday in The Hill." In "Anti-impeachment witness says he's received threats since Judiciary Committee hearing," by Devan Cole, CNN, 5 December 2019.


 

Servitude rises

"...the regime confiscated all private firearms back in 2012. Exempted from the ban: the regime’s 'Bolivarian Militias' — modern-day brownshirts who have done much of the work of crushing protests for years now. The government says their ranks now number 3.3 million, so Maduro’s 4 million goal seems all too reachable. All around the world, earnest fans of socialism insist it has never failed, as critics claim, since 'true socialism has never really been tried.' Maduro is showing that the sure way to make it 'succeed' is for the self-proclaimed socialists to have all the guns." In "Maduro's socialist miracle: To 'succeed,' you just need all the guns," by Post Editorial Board, New York Post, 10 December 2019.

 

If you've each and every gun,
It's sure you'll have a lot of fun
Defined by all who will have none.
Confiscation thus has won.

If you've people without a fight,
It's sure you claim you have the right
To do most anything with such might.
Servitude rises in full sight.


 

Peter's pence

"The little-publicized breakdown of how the Holy See spends Peter’s Pence, known only among senior Vatican officials, is raising concern among some Catholic Church leaders that the faithful are being misled about the use of their donations, which could further hurt the credibility of the Vatican's financial management under Pope Francis. The Vatican is currently embroiled in a scandal over opaque real-estate investments in London, which has triggered a power struggle within the Vatican's bureaucracy and led to the dismissal of its chief financial regulator. Last month, the Vatican was suspended from an international network of anti-money-laundering watchdogs." In "Vatican Uses Donations for the Poor to Plug Its Budget Deficit: Only 10% of donations to the Peter’s Pence collection go directly to charitable works," by Francis X. Rocca, Wall Street Journal, 11 December 2019.

 

 

Peter's pence amounts to cents,
As most goes towards the rent.
    Charity is the rarity,
    For elsewhere much is spent.
        Deficits accrued quite occlude
        As heaven is downwards bent.
            Holy moly, the elite's not lowly
            It seems peters have overspent.

 

Addendum of Vatican Salaries:   "About 45% of Vatican City’s budget of 300 million euros, or $329 million, is devoted to salaries for 3,000 employees, according to the Wall Street Journal, many of whom are in non-essential roles, budget hawks argue. Officials say the Pope won’t approve layoffs." In "Pope Francis urges Vatican leaders to fix city's ballooning budget deficit," by Shawn M. Carter, Fox Business, 3 September 2019.

 

$329 million / 3K employees = $109,667 per employee

 

Addendum of Comparative Average Salaries s in Rome:   "Average salary in Rome is EUR 49,614 (Gross). All data are based on our survey (151 individual salary entries). Average take home earning is EUR 31,970 (Net). The most typical salary is EUR 33,800 (Gross)." In "Rome, Italy Salary," Average Salary Survey, updated 18 November 2019.

 

Addendum of Duping, Dealing and Dubai:   "Originally in 2013, the IOR [Istituto per le Opere di Religion] set up a committee to decide on how to invest €30 million. The decision was to have Futura buy out a non-performing loan of €32 million from the owner of the Exchange Palace, and then convert that loan into an 84% share in the Hungarian company redeveloping the property. But the IOR claims Futura made an undeclared profit of €11.6 million by duping the Vatican on the price of the Hungarian deal; and then by planning to sell Futura’s 90% stake in the Exchange Palace’s holding company, to Cougar Real Estate of Luxembourg, which is, in turn, owned by a Dubai firm." In "Vatican chases millions in bid to stop Malta fund from ‘abusive’ sale," by Matthew Vella, Malta Today, 14 December 2019.

 

Addendum of Theodore's Tithe:   "Theodore McCarrick, the first Catholic cardinal to be defrocked over sexual abuse allegations, sent over $600,000 to powerful clergy in the Church over almost two decades, according to documents obtained by The Washington Post. The payments started in 2001 and went to high-level clergy around the world, including Vatican bureaucrats, papal advisers and two popes, according to the documents and former Church officials. In total, the former cardinal gave money to over 100 officials, several of whom were closely involved in assessing misconduct claims against McCarrick, the Post reports." In "Disgraced cardinal gave over $600K to popes, Vatican officials: report," by Marty Johnson, The Hill, 27 December 2019.

 

Addendum of West Virginia Waste:    " 'I'm a Catholic — I'm a parishioner down the street, and for years it has just bugged me to no end,' Baller said. 'I've seen them waste all that money on that place and then turn around and ask us every Sunday to donate more, donate more — always asking for money. It's sickening'." In "West Virginia Catholic bishop spent $4.6M renovating mansion where he 'inappropriately touched young priests' - fitting it with a sunken bar, a wine cellar and a $20K dining table - before church quietly sold it for only $1.2M after he was fired," by Megan Sheets, Dailymail.com, 30 December 2019.

 

Consider the costs involving Two popes - slippery slopes?


 

Use a kid for politics, part two - more political optics' tricks for you

"People are suffering, people are dying. Entire ecosystems are collapsing. We are in the beginning of a mass extinction, and all you can talk about is money and fairytales of eternal economic growth. How dare you!?"

 

Save the planet by painting it with murals here and there.


The kids' crusade was quite a hit. Big Brother's gal can stare,


Glaring from each picture. How dare you not commit


To each upcoming stricture demanding you submit?


Save the planet by painting it, with great icons to transmit


A giant message to befit moneyed interests' sniveling snit.


Trading carbon forth and back will most surely benefit


The traders who'll ride piggyback on indulgences they'll permit,


Through carbon markets' access which trade what some emit,


Paint and credits coalesce, as the latest, wholly writ.

 

A review of previous artwork may be considered:   Use a kid for politics - political optics' tricks

 

Addendum of Historical Precedent:   "The same strong feelings of piety and righteousness that led knights to take the cross and march to war also affected the common people, who lacked the wealth or training to do the same. The repeated failure of the organized Crusades to reclaim Jerusalem and the True Cross frustrated all Christians. This combination of frustration and strong religious enthusiasm led to frequent and sometimes bizarre manifestations of popular piety, such as the so-called Children’s Crusade in 1212."
In "The Children’s Crusade," Britannica, n. d.  
[ 1 ]

 

Addendum of COP25:    "In what was widely denounced as one of the worst outcomes in a quarter-century of climate negotiations, United Nations talks ended early Sunday morning with the United States and other big polluters blocking even a nonbinding measure that would have encouraged countries to adopt more ambitious targets for reducing greenhouse gas emissions next year." In "U.N. Climate Talks End With Few Commitments and a 'Lost' Opportunity," by Somini Sengupta, New York Times, 15 December 2019.

 

Addendum of No Deal on Carbon Markets:   "...almost 200 countries failed to agree on article six of the Paris Agreement, concerning the carbon markets system." In "COP25 ends with no deal on carbon markets," by Elena Sánchez Nicolás, EU Observer, 17 December 2019.   [ 2 ]

 

Addendum of False But Profitable Solutions:   " 'In most social climate summit organisations this is seen as one of those false solutions,' Isidro Castaner, one of the spokespersons for Extinction Rebellion Spain, told Euronews. For this activist, the underlying problem with carbon credits is that they perpetuate the dynamic that 'everything can be traded and measured from an economic perspective'. 'I don't believe in ecological capitalisation,' agrees Madalina Scarlat, an activist for Fridays for Future Romania." In "What are carbon markets and why are they the talk of COP25 in Madrid?" by Marta Rodriguez Martinez, Euro News, 12 December 2019.   [ 3 ]

 

Addendum of Convening Carbon Market Participants:   "IETA has a proud history of convening carbon market participants. In 2004, IETA joined the World Bank and Koelnmesse in co-founding Carbon Expo, the first annual global carbon trade fair and conference. It continues today under the banner of Innovate4Climate, still the largest and most authoritative gathering of carbon market stakeholders. IETA built on this experience to co-organise regional Carbon Forums in Asia, Africa, Latin America and the Caribbean, and North America. This series is conducted in partnership with the UNFCCC, other UN bodies and international and regional development banks. It offers IETA members platforms to discover new opportunities around the world." IETA History, n. d. (International Emissions Trading Association).

 

Addendum of Every Trick in the Book:    "The executive director at NGO Oxfam International, Chema Vera, believes that UN nations have just argued over technicalities, instead of committing to more ambitious cuts in emissions. 'Wealthy nations have used every trick in the book to stall progress and avoid paying their fair share,' Vera said, adding that 'now more then ever, it is vital that people across the world keep up the pressure on governments to deliver more ambitious climate action'." In " Prostituting Charity: The Oxfam Debate," by Dr. Binoy Kampmark, Counter Currents, 1 March 2018.  [ 4 ]

 

Addendum of Stymieing Progress:    "Challenges include Brazil’s insistence on a carbon accounting approach others say is baffling and Australia’s insistence on carrying over old credits to meet its Paris emissions targets, which others see as an accounting trick. Brazil and developing countries, in turn, accused the European Union and other industrialized economies of stymieing progress on financial aid for poorer countries, saying they could not be more ambitious on their climate goals unless they received more assistance." In "Under fire over climate summit, Chile blames big polluters," by Aislinn Laing, Matthew Green and Isla Binnie, Reuters, 16 December 2019.   [ 5 ]

 

Addendum of Ironic Merchandising:    "The Times [ UK ] has claimed in an analysis that despite a boom in the sale of Swedish eco-activist Greta Thunberg-related merchandise indicating greater environmental awareness, much of it is either transported from China or made from environmentally unfriendly materials. The 'Greta' memorabilia includes a variety of T-shirts, mugs, stickers, badges and bags which are currently available online via Amazon, eBay and Etsy." In " 'Greta Thunberg' Merch Made of Toxic Materials, Shipped From China – Report," by Oleg Buranov, Sputnik News, 21 December 2019.

 

Addendum of Ironic Merchandising II:    " 'Pray to Saint Greta Thunberg, Saint of Climate Change,' the Shrine On description reads. The candle, which includes a picture of Greta Thunberg dressed up as Jesus Christ often is in votive candles, sells for $18 plus shipping. The Etsy listing is slightly cheaper at $14.43, and it reveals that the item will be ready to ship from Canada in 3-5 business days." In "Pray to Greta, Saint of Climate Change, for $18 Plus Shipping," by Tyler O'Neil, PJ Media, 7 January 2020.

 

Addendum of Africa's Increasing Energy Consumption:    "According to the International Energy Agency, 95% of the global population without access to electricity is found in sub-Saharan Africa and developing Asia. Africa also has the world’s fastest-growing population, so the potential for increased energy consumption is huge. South Africa's Mines and Energy Minister Gwede Mantashe also warmed to this theme. Noting that Africa has long exported its hydrocarbons to the rest of the world while the region remained energy-deficient itself, he told a media briefing at the conference that: 'We must consume sizeable amounts of what we produce and export what is left'." In "The new scramble for Africa is all about providing energy," by Ed Stoddard, Business Maverick, 8 November 2019.   [ 6 ]

 

Addendum of More and More Chinese Coal:    "Coal consumption is back near peak levels after rebounding over the past three years, despite China’s pledges to make steep cuts in what is the country’s most prevalent and polluting source of energy. The country is building more coal-fired plant capacity than the rest of the world combined. Infrastructure stimulus measures to offset the impact of the prolonged trade war with the U.S. have boosted consumption, while Beijing has taken a softer stance on coal use after a missile attack in September on Saudi Arabia, China’s biggest source of oil imports, underscored the country’s reliance on foreign energy. " In "In Tougher Times, China Falls Back on Coal. As worries mount over a slowing economy and energy security, coal use has climbed despite Beijing's claims to be leading climate-change fight," by Stephanie Yang, Wall Street Journal 23 December 2019.

 

Addendum of 29 Percent:    "When it comes to climate change, Beijing holds the fate of the planet in its hands. China accounts for 29 percent of global CO2 emissions, more than the next three countries -- the US, Russia, India -- combined, according to the Global Carbon Project. Its carbon footprint has tripled in 20 years from 3.2 to 10 billions tonnes in 2018." In "Five Reasons COP25 Climate Talks Failed," by Marlowe Hood, International Business Times, 25 December 2019.

 

Addendum of Admitted Public Therapy:   "He described how the young climate activist 'fell ill' and stopped eating and talking to others, staying at home for a year from the age of 11 when she was first diagnosed with Asperger's. Her recovery started when he became vegan and her mother, Swedish opera star Malena Ernman, stopped flying, Mr Thunberg said, adding: 'We are not climate activists, we never were. We knew it was the right thing to do - but I didn't do it to save the climate, I did it to save my child'." In "Greta Thunberg's father Svante reveals he thought the 16-year-old's eco-crusade was a 'bad idea' - but believes it has actually saved her from a pit of depression he feared would KILL her," by Lara Keay and Martin Robinson, Mail Online, 30 December 2019.

 

Addendum of Preparing for a Bonanza:    "...the Greta phenomenon has also involved green lobbyists, PR hustlers, eco-academics, and a think-tank founded by a wealthy ex-minister in Sweden’s Social Democratic government with links to the country’s energy companies. These companies are preparing for the biggest bonanza of government contracts in history: the greening of the Western economies. Greta, whether she and her parents know it or not, is the face of their political strategy." In "Greta’s very corporate children’s crusade," by Dominic Green, Standpoint, 30 June 2019.    [ 7 ]

 

Addendum of Asset Control over a Bonanza:    "BlackRock joins more than 370 global investors, including pension giant CalPERS and HSBC Global Asset Management, already participating in the initiative, which aims to sway companies ranging from fossil-fuel producers to consumer-product conglomerates to be carbon neutral by 2050. With BlackRock on board, total assets under management represented by Climate Action 100+ now top $41 trillion." In "World’s largest asset manager BlackRock joins $41 trillion climate-change investing pact," by Rachel Koning Beals, MarketWatch, 9 January 2020.   [ 8 ]

 

Addendum of the Worldwide Bonanza Meeting:   "...Lucy Gilliam, a shipping specialist at European clean transport nonprofit Transport & Environment, criticized the idea of carbon offsetting to CNN. 'You're not actually removing the emissions that have been created by that plane,' she said. 'The plane will have burned that fuel, and the carbon has been released into the atmosphere'." In "Davos says it is focusing on the climate crisis, but its billionaires and world leaders are still arriving on private jets," by Sinéad Baker, Business Insider, 20 January 2020.

 

Do you remember the good old days?

 

NOTES

 

[ 1 ]    The young leading into folly is a historical truth. As Britannica also notes:   "...in early 1212 a young man named Nicholas from Cologne became the focal point for a popular movement that swept through the Rhineland. After having allegedly received divine instruction...."

 

[ 2 ]     A "worst outcome" as the NY Times opined is that "carbon markets" did not assign "voluntary" and thereby mandatory obligations to "trade" in carbon credits. The "carbon markets system" is about traders profiting, when all is said and done. More details flesh out the reality of the "markets," which are not markets.

          The mural imagery above yields to a mural defaced in only two days in Canada, followed by logos of some of the real players behind the larger "carbon" picture.

 

Carbon Commodities and Electronic Exchange Platforms

 

          Among the many traders lining up to profit from a "not new" concept -- the commodity -- is Carbon TradeXchange. From their website, one learns of their "products":   "Today CTX is operated by Environmental Markets Services Ltd, a UK-based subsidiary of Global Environmental Markets (GEM). Under the CTX brand, EMS trades Carbon Credits certified by the Gold Standard, Verified Carbon Standard and United Nations CDM. We also offer other Carbon Services, including: Carbon Offsetting; Carbon Neutral Certification; Carbon Project Development; and Carbon Footprinting." Carbon TradeXchange, n. d.

          CTX is that "UK-based subsidiary" of a larger trader, led by Wayne Sharpe. One reads further:  "Since its foundation in 2009, GEM has built its own proprietary technology and IP with the help of heavy investment. As a result, minimal 'redevelopment' is required for personalisation of the technology to suit industries and sectors. GEM also provides market operators with electronic exchange platforms that help to facilitate fair, orderly and transparent electronic exchange trading platforms that give their participants the complete confidence to trade. Furthermore, GEM has a proven track record in designing, developing and operating web-based exchange and registry systems that suit any market requirements. These requirements can range from listing new products, disseminating market knowledge and information through to facilitating trading and providing world class, real time, clearing and settlement."

          What is being traded? Paper. Certificates. "The concept is not new." One may refer back to the sourced footnotes under the title, Green Job , and especially the historical details found in the second footnote.

 

But What Are Carbon Commodities?

 

          And yet, the COP25 could not define a simple term,  "The talking was endless: more than 70,000 hours were spent failing to define a 'market instrument,' something that was meant to have been decided at last year’s conference in Katowice, Poland. Even though the Madrid conference ran over into the weekend, making it the longest ever, the issue will be kicked into next year’s talks, in Glasgow, Scotland." In "Madrid Climate Conference Ends in Failure," by Rupert Darwall, Real Clear Energy, 16 December 2019.

          Given there is no "market" without enforcement mechanisms and treaty-like obligations, it is of course difficult to define a "market instrument." What is the worth of a certificate? What is its backing? Shelf-life? Long-term value?

 

[ 3 ]     This is a problem for the traders in "carbon" credits, pieces of certified paper more or less.

 

Purchase the Right to Pollute?

 

          One reads:   "The idea behind this system is that the most polluting countries can purchase the right to pollute more from countries that have not reached their emissions limits. The concept is not new. The 1997 Kyoto Protocol turned polluting emissions into a commodity. For example, the European Union Emissions Trading System (EU ETS) is the largest in the world and has been in operation since 2015. 'Carbon markets are regulatory structures that allow, in particular, oil and gas-intensive companies or heavy industry (or, in the case of COP25, countries) to reduce their economic footprint through a series of incentives,' Reed Blakemore, associate director of the US international affairs think tank Atlantic Council, told Euronews." In "What are carbon markets and why are they the talk of COP25 in Madrid?" by Marta Rodriguez Martinez, Euro News, 12 December 2019.

 

  

Proposed for murals: Multimillionaire traders Sharpe, Gore and Blood, and their Carbon Investing and Marketing

 

          And so Madalina Scarlat's objection makes sense, as she declared "I don't believe in ecological capitalisation." Millionaire traders do. But should nations wish to cut their carbon emissions, they may do so from within their own national borders by national and local law and regulation.

 

Madalina Scarlat in Madrid, not on a mural

 

          Buying extra-national pollution credits does not reduce proposed pollutants. But it will make some very few very rich, as they take a fee from the "market" of pieces of paper. Perhaps the faces of the traders, advocating for countries to sign up to their trading services could be painted large, as murals once the ones above have lost their cache?

          There is much money to be won. One reads further:   "Generation Investment Management, co-founded by former US Vice President Al Gore, has raised $1 billion (£786m) for its latest private equity fund to back sustainable start-ups. Generation IM Sustainable Solutions Fund III will invest between $50 million and $150 million in companies helping the health of the planet or individuals, or those driving financial inclusion." In "Al Gore’s investment fund Generation raises $1bn to back eco-friendly start-ups," by James Cook, Telegraph UK, 21 May 2019.

 

CO2 Will Be Priced as an Asset, and Pollution Rights Will Be Purchased

 

          And from years before:  "The potential impact of climate change on asset pricing is highly material. For example, CO2 emissions will eventually be priced. The longer we wait, the higher the price point required to control global warming and the higher the risk of catastrophic outcomes. These events will eventually have negative stock price consequences in such industries as utilities, mining, transportation, chemicals, and fossil fuels." In "Sustainable capitalism: taking responsible investment mainstream," by Keith Ambachtsheer, Guardian UK, 16 July 2013.

          So, to review: "The idea behind this system is that the most polluting countries can purchase the right to pollute more from countries that have not reached their emissions limits."

 

Isidro Castaner, of Extinction Rebellion, not on a mural

 

          Those who act as middlemen stand to make money from all sides. This is what the Guardian called "sustainable capitalism." The Telegraph used the term, "eco-friendly."  Climate activist Isidro Castaner, above, stated "the underlying problem with carbon credits is that they perpetuate the dynamic that 'everything can be traded and measured from an economic perspective'."  

          The traders would like that. Theirs are the faces of the carbon trading schemes.

 

[ 4 ]     The "optics" of Oxfam International has been sullied, as the article refers to a Times UK article, and notes:  "The revelations this month that the charity’s staff sexually exploited victims of the Haiti earthquake in 2010, a point subsequently concealed, have triggered a storm of British discontent. The revelations included a very active country director, Roland van Hauwermeiren, who revelled in sex parties as he went about his humanitarian work. Allegations of sexual abuse in Oxfam shops have also made their searing mark. The organisation has lost over 7,000 donors since the revelations, and MPs on the international development committee overseeing aid have been unimpressed." 
          One might imagine other sorts of murals in public spaces such imagery might bring? Optics ticks....

 

[ 5 ]     One reads of smaller, poorer nations, that "they could not be more ambitious on their climate goals unless they received more assistance." Exactly the point, and fully rational.

 

COP25: A wrong turn causes delays, which could hamper ambition / HSBC-ThomsonReuters

 

Ambition for Assistance...

 

          The potentially capitalist explanation is that many wish to be paid for their efforts. The likely socialist explanation is that many have greater need and therefore need "assistance," as the "ambition" now elevated into the COP discussion is for income transfers. This further amplifies the quote above that "everything can be traded and measured from an economic perspective," given the demands, expectations and push for treaty mechanisms of "credits" in the hands of traders who may profit from the "mechanism," and transfer of wealth thereby, for such reasons as any might make.

 

...to ambition for Wealth and Power

 

          Prince La-di-dah and gazillionaires will make out fine, either way. "How dare you" not go along with the schemes, the optics and the clear goals -- of wealth and power for the few, when everything can be traded? Davos, anyone?

          Why such skepticism?  One reads:  "Manufacturing Consent: The Political Economy of the Mass Media is a 1988 book by Edward S. Herman and Noam Chomsky, in which the authors propose that the mass communication media of the U.S. 'are effective and powerful ideological institutions that carry out a system-supportive propaganda function, by reliance on market forces, internalized assumptions, and self-censorship, and without overt coercion', by means of the propaganda model of communication. The title derives from the phrase 'the manufacture of consent,' employed in the book Public Opinion (1922), by Walter Lippmann (1889–1974). The consent referred to is consent of the governed." In "Manufacturing Consent," Wikipedia article, n. d.

 

The Art of Engineering Consent

 

          This is fleshed out further:   "For Herman and Chomsky, the acceptance of government policies by people in the USA on the basis of the partial picture of issues offered by the mass media, denying them access to alternative views which would lead them to oppose such policies. They present this as a propaganda model in which the mass media select material in relation to the values of those in power. The concept found in Gramsci and Althusserian Marxism, in which the dominant class sustains its hegemony through engineering assent: see also ideological state apparatus." In "Manufacture of consent," Oxford Reference, n. d.

 

Manipulating the Unaware

 

          Oxford Reference also notes:  "An allusion to the concept of 'the engineering of consent' defined in 1947, by the Austrian-American public relations pioneer Edward Bernays (1891–1995), as the art of manipulating people without them being aware of it. Bernays, a nephew of Freud, argued that people can be enticed to want things that they do not need if these are linked to their unconscious desires, a notion pursued by Dichter, the 'father of motivation'."

          One may then return to the art, as many murals have been painted recently, in this latest of the many children's crusades which have been mounted across centuries.

 

China Coal is a Chinese Goal

 

          "Save the planet by painting it / With murals here and there."  The carbon traders and their wealth-making images will not be seen in such murals, manufacturing consent in the Western world.  But in China more coal-fired power plants are being constructed.

          What do the Western activists say of this? What murals will be painted in China? Which Extinction Rebellion protest will be mounted there? What "credits" will GEM and the EU's European Trading System sell to China, when the Chinese have started their own "system" for trading pieces of paper? What "sustainable" investments will Generation Investment Management place under Chinese Communist control?

          The story is not yet complete. Tick tock.

 

[ 6 ]     How about the optics of a white north European telling Africans who are ramping up power production, "How dare you?"  Not on a mural....

          How about the optics of a white north European telling Chinese who are ramping up power production including coal plants, "How dare you?"   Not on a mural.....

          How about the optics of white Anglo-world multi-millionaires urging government-controlled "market mechanisms" to profit by trading in energy indulgences? How about "how dare you?"   Not on a mural....

 

The Poor Dare to Want Affordable Energy

 

          One reads:  "More than 340,000 electricity customers across Germany have their power cut off each year for failing to pay bills. A new proposal from one political party aims to change this. Figures from 2017 show that there were 343,865 cases of people having their electricity shut down off due to not paying a bill, an increase of 14,000 from the previous year." In "Call to prevent power cuts in poorest German households," TheLocal.de, 14 May 2019.

          How about the optics of hundreds of thousands of Germans being threatened with power cuts? Murals and public protests by middle and upper class do not answer any of these questions, as they shout "How dare you?" When people are poor enough, they dare.      

 

[ 7 ]   In terms of optics, the "teenager" face of this is media-hyped, while other faces will never appear on murals around the world.   

 

Printing and Selling Carbon Credits

 

          One reads:   "For Sweden’s energy titans, saving the planet means government contracts to print the green stuff. Green energy lobbyists use populist scare tactics and a children’s crusade to bypass elected representatives, but their goal is technocracy not democracy, profit not redistribution. Greta, a child of woke capitalism, is being used to ease the transition to green corporatism." In "Greta’s very corporate children’s crusade," by Dominic Green, Standpoint, 30 June 2019.

 

     

Ingmar Rentzhog, founder of a social media platform, whose

marketing motto is "Together we are the solution to the climate crisis"

 

          What will not been seen painted on a public mural, Rentzhog alongside Al Gore, left above, is his article in Finance Monthly, August 2018.

 

A Game Changer? A Game?

 

          "I think it’s beyond doubt that social media is a real game changer. Institutions and organisations don’t have the same control over their message and the image they project. So they must be much more proactive in terms of building relations with influencers and creating innovative strategies that work in today’s media landscape." In "Climate Change: We Don’t Have Time," Ingmar Rentzhog, 31 July 2018.

          Green politics, for many, has meant the search for investors to place money in the hands of "green" investment managers, like Gore, Sharpe, and many like Rentzhog.

 

Finance, Investment Relations, Real Estate Funds and Investment Corporations

 

          Dominic Green's article notes of this "green" public figure, whose "Swedish" social media platform operates in English, " 'Trained by Al Gore's Climate Reality Project, Rentzhog set up We Don't Have Time in late 2017 to 'hold leaders and companies accountable for climate change' by leveraging 'the power of social media'. Rentzhog and his CEO David Olsson have backgrounds in finance, not environmental activism, Rentzhog as the founder of Laika, an investment relations company, and Olsson with Svenska Bostadsfonden, one of Sweden's biggest real estate funds, whose board Rentzhog joined in June 2017. We Don’t Have Time's investors included Gustav Stenbeck, whose family control Kinnevik, one of Sweden's largest investment corporations. In May 2018, Rentzhog and Olsson of We Don't Have Time became chairman and board member of a think-tank called Global Utmaning (Global Challenge). Its founder, Kristina Persson, is an heir to an industrial fortune."

 

 

          Of this "foundation" and from its own site, one reads:   "The company’s majority shareholder is stiftelsen WeDontHaveTime Foundation. The non-profit foundation was founded by Ingmar Rentzhog and David Olsson, and is based in Stockholm, Sweden. Its principal purpose is to contribute to a reduced climate impact and an ecologically sustainable environment. Board of directors: Cathy Orlando, Stuart Scott, Per-Espen Stoknes, Ingmar Rentzhog, David Olsson, Jamie Margolin (youth advisor)."

          One might be skeptical and conclude among its purposes is to pursue politics and investors willing to turn over their wealth to these "managers." While this foundation states it is "non-profit," the surrounding companies in which its founders are heavily invested are profit driven.

          How would these whose backgrounds are in finance, real-estate funds and investment corporations look on a mural? Perhaps replacing a child? After all they, according to their own words, are "the solution to the climate crisis."

          These "solutions" will take their percentage/fee for "trading" printed certificates. If investors lose, these traders will still win. And so "exchanges" proliferate alongside media-fed climate predictions.

 

To Generate Credits That Can Be Sold

 

          One reads somewhat outdated information:   "Currently, there are six exchanges trading in UNFCCC related carbon credits: the Chicago Climate Exchange (until 2010), European Climate Exchange, NASDAQ OMX Commodities Europe, PowerNext, Commodity Exchange Bratislava and the European Energy Exchange. NASDAQ OMX Commodities Europe listed a contract to trade offsets generated by a CDM carbon project called Certified Emission Reductions. Many companies now engage in emissions abatement, offsetting, and sequestration programs to generate credits that can be sold on one of the exchanges. At least one private electronic market has been established in 2008: CantorCO2e. Carbon credits at Commodity Exchange Bratislava are traded at special platform called Carbon place. Trading in emission permits is one of the fastest-growing segments in financial services in the City of London with a market estimated to be worth about €30 billion in 2007. Louis Redshaw, head of environmental markets at Barclays Capital, predicts that "carbon will be the world's biggest commodity market, and it could become the world's biggest market overall." In "Emissions Trading," Wikipedia, n. d.
          "Could become?" Ergo, as Green wrote above, "...the biggest bonanza of government contracts in history: the greening of the Western economies."  Government contracts. Not free markets. Green calls this "the transition to green corporatism."  At this point, rereading the quote above from "Manufacturing Consent" is apt.  Corporatism is a form of governmental fascism, with Everything within  - an original sin.

 

Optics? Use a Child Rather Than Wealthy Corporate Traders

 

          Or, from the PJ Media article above, "Another Greta candle on Etsy, also going for $18 but shipping from Chicago, casts the 16-year-old climate doomsday preacher as the Virgin Mary, complete with the sacred heart image — a heart pierced with a sword. In her left hand, the climate saint holds a globe designed like a bomb with a lit fuse."

          And remember to panic!

 

[ 8 ]   One notes that all these "investment managers" are pressuring companies and those who also invest through their management services to involve themselves in the worldwide trading systems, which will make traders a "bonanza."  Where will such profits come? As always and ever, the little people will pay in increased costs in terms of prices, as the few as ever profit from the many.  As an example:  green screws red - lights or bread.


 

Berövade - vade retro

"Opposition politicians, however, have blamed the government for years of inaction. 'This government has lost control over crime in Sweden. We have seen in recent years how the number of fatalities has increased. Now bomb blasts are also increasing in a way that lacks international equivalence,' said Ulf Kristersson, leader of opposition party the Moderates. Police have identified around 60 deprived areas, mainly in and around larger cities, where unemployment is high, incomes low and where drugs and gangs have gained a firm foothold." In "Sweden suffers surge in bomb attacks as gang violence rises," by Simon Johnson, Reuters, 16 January 2020.

 

Deprived and disenfranchised is the tale of woe one hears,
When booms and gangs and violence stir up societal fears.
Alas and alack, oh woe are they who haven't what they want.
With high, explosive energy society bears the brunt.
Deprived and disenfranchised is politics of a sort
But it does little more than 'tsk, tsk, tsk' rather than violence abort.


 

Patterned visibly

Starbursts and snowflakes fine to see,
Crocheted in colors kaleidoscopically.
The one begets many geometrically
That others enjoy such work with glee.