It’s a very weird thing how so many people (cultists) get so upset that some people (the Rich) aren’t using the money they earned (The Rich) the way they should be per the cult. It’s not their (the cultists) money. They didn’t earn it. Why should they have any say it the matter? And somehow there is actually an article about this
Everyone should know that we’re heading to a climate disaster that can best be modified by immediate actions addressing the causes. But it doesn’t appear that the excessively rich are feeling the heat and stepping up to the plate. Their philanthropic foundations announce commitments to fight climate change but in reality, they are building up endowments to save for the future.
Over $200 billion are sitting in donor-advised funds and over $1.3 trillion in private foundation endowments. Charitable giving to fight climate change, estimated by the ClimateWorks Foundation at $7.5 billion last year, is only 0.5% of the money sitting in private foundations and donor-advised funds–and amounts to about 0.04% of the assets of the ultra-rich.
It is estimated that it could take $3 to 10 trillion (twelve zeroes) per year to avoid climate disaster. Even if they wanted to fix the climate problem, it would require extraordinary collective action for philanthropists to pony up enough money to fix the climate problem. Only governments (funded by taxes on these very ultra-wealthy donors) can effectively do that. In short, the philanthropic investments now being made are necessary but insufficient.
We need to hold the ultra-rich responsible for the role their investments play in worsening the climate crisis, call out their insincere philanthropic efforts aimed at “addressing” climate change, and hold them accountable for paying their fair share of taxes to provide funding for clean energy.
Why? Why is it always someone Else who has to pay? Imagine a world where every Warmist, or even just the full on cultists, gave up their own use of fossil fuels. No more fossil fueled cars, trucks, or planes. If they gave up meat, only bought second hand clothes, stopped streaming so much, and moved into a tiny home, for starters. If CO2 is actually the control knob (it’s not) per their talking points, just that reduction of carbon pollution would solve the climate crisis. Why is it they cannot make more than token changes in their lives? Why can’t they all give a bunch of their money? I’m not defending The Rich, a goodly chunk are selfish scumbags who certainly could do more with their money, but, I wouldn’t be in favor of forcing them or shaming them.
Extreme inequality and wealth concentration undermine humanity’s ability to stop climate breakdown. The richest of the rich play the largest role in driving and accelerating the climate crisis with out-of-control carbon footprints due to extravagant lifestyles, excessive wealth-hoarding, corporate greed, and investments in polluting industries. Poor and middle-class communities who share the least responsibility for the problem will bear the brunt of climate change and suffer the most as shifting weather patterns, destructive storms, floods, wildfires, and heat waves wreak havoc across the globe, with the potential to displace 216 million people from their homes (and countries) by 2050.
Why does this look less like a science and more like politics? Typical Progressive (nice Fascism) take from the rich and give to the poor government who spread some to the poor for votes.
On the face of it, that’s not a terrible strategy. One can assume that true believers in Climate change would also believe that the harm from such change will be greater in the future than it is today. It only makes sense to put something away for a rainy day when you are certain it is going to rain hard and often.
But of course, the foundations are really putting the money away so that their heirs can live like kings on untaxed generational wealth without ever needing to work themselves.
From the article our host quoted:
The gross domestic product of the entire world was $96.51 trillion in 2021, which means that the
global warmingclimate change activists are guesstimating that it would require 3% to 10% of the entire world’s production, every single year to fund their cockamamie schemes.not fund their schemes. fund their lifestyles.
I have 100 blankets. My neighbor has 2. I guilt him into giving one of his blankets to a homeless person. That’s how celebrities and rich people work. They don’t use THEIR money. They guilt ordinary people into forking over the cash. It’s all a big do game.
How much would it cost for these clowns to actually show a “climate disaster” is imminent?
[…] William Teach notices a decidedly statist bent to the climate alarmists […]