Wednesday, 10 June 2020

CENTRAL BANKS PUMPING CASH INTO FOSSIL FUEL INDUSTRIES

This article looks at the vast quantity of money being pumped into the economy by the central banks, some of which went to fossil fuel companies and users. This infuriates the climate campaigners, but it shows us all how important these businesses are and highlights the utter hypocrisy at the heart of Western governments who claim they are working to achieve net zero emissions by 2050 while at the same time carrying on supporting these fossil fuel industries (quite rightly). On the one hand they want to please the climate mob while also trying to save their economies to get re-elected. They hope to buy off the climate mob by saying they will still achieve net zero by 2050, which is still quite a way off - but it is getting nearer. The crunch is coming! 

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