The Emissions Trading Systems (ETS) were introduced with the Kyoto Protocol and imposed on the EU and other countries by the infamous Al Gore. His idea that whoever produces more CO2 has to pay for it was seemingly clear at the beginning and many immediately embraced it, but the ETS quickly became financial instruments in the hands of large investors and thus began to serve as such for speculation. ETS became a commodity on the stock exchange, traded just like bitcoin or CFDs (Contract for Differences). The fact that in the end it is the end consumer who suffers is of no interest to high finance, the EU and US elites. Take Elon Musk, for example. Do you think he earns his money by selling electric cars? Not by any means. By 2021, he won’t have made a single cent of profit from car production. Until last year, his company made its best profits from trading CO2 certificates. In the last three years it was $3.3 billion. Another of Musk’s gold mines is trading in Bitcoin. As reported by Tagesschau at one time, Tesla had acquired Bitcoins for $1.5 billion from January to March 2021 and then resold them for the profit of $300 million. Everyone knows that Bitcoin production and transaction means enormous energy consumption. Never mind, the main thing is that it is a modern currency. Wow! Are electric cars not environmentally friendly at all because exorbitant amounts of precious and industrial metals are needed in their production? No problem. The main thing is to scrap old cars and buy new “emission-free” ones, according to the Green narrative. You have a Tesla? Wow! The ruble is rolling, one would like to say, although the ruble is just rolling towards China, as Russia has multiplied its exports to the Middle Kingdom since the sanctions were introduced, making nonsense of the West’s sanctions. Driving old diesel is yuck, but taking a tour into space with Spacex is mega cool. Isn’t that right, Greta? You’ve already circled the globe with the most environmentally unfriendly means of transport. The time is coming for the moon. Putin’s action against Ukraine is simply a good reason to speed up the green revolution in the West.
The EU (as can be seen, for example, from the statements of its president) does not see energy prices galloping faster than in America as a problem, but as a blessing, because according to its decision-makers, this should force EU countries and corporations to switch more quickly to renewable energy sources. So if Russia is responsible for the crisis, it plays into the hands of the green revolutionaries from Brussels and Washington. May the war continue until EU citizens are no longer be able to pay for electricity and fuel. Are you fit for 55 with your savings today? Commission President Ursula von der Leyen defends the ETS against critical voices with the following words: “One thing is clear: we must achieve our climate goals. If not through emissions trading, then by some other means, which would mean more laws, more standards, more intermediate steps and also more taxes. I much prefer a system that relies on the market”.
More laws, more repression, more taxes. We should not rely on the market (corporations like Tesla), Frau von der Leyen, but on us citizens and our prosperity in Europe. Well?
