Emerging World Hands Dems A "$750 Billion Bill" For Climate Change Ahead Of Glasgow Summit | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Emerging World Hands Dems A "$750 Billion Bill" For Climate Change Ahead Of Glasgow Summit

While the EU's leading unelected bureaucrats continue to play footsie with the Kremlin while energy prices soar and EU member states reckon with the prospect of a very cold winter, the Wall Street Journal has just taken the time to remind us why the far-left Democrats' progressive "Green New Deal" climate rhetoric is all but destined to fail. And they did it with a portrayal of John Kerry's uncomfortable silence after being confronted with the price tag for the Democrats' green energy aspirations not at home, but abroad.

According to WSJ, the made-for-camera moment happened at a global climate summit in July, when there were no cameras around, when Kerry was handed what the paper described as "a bill" for aiding the developing world in its shift away from fossil fuels - enough to achieve the "green energy" to protect them, and the world, from Global Warming.

The figure: $750 billion. The number was "met with silence [Kerry] according to Zaheer Fakir, an adviser to Creecy [South African Environment Minister Barbara Creecy]" and Kerry wasn't the only western official in the room wearing a long face.

Of course, that's not even anywhere close to the real number. As we and Bank of America's analysts have already explained, there's a $150 trillion backing the global climate crusade via its most effective capitalist soldiers: the ESG-focused companies and investors who are raising trillions of dollars to "fix" this problem.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA