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The thousands of government agencies and private enterprises
comprising the global climate-industrial-complex collectively garner
and spend trillions of dollars every year.
Abu Dhabi is the largest and richest Emirate within the 7-member United Arab Emirates (UAE).
Of UAE's 10 million inhabitants
85 percent are temp foreign workers
subject to summary deportation. Established in 1967, the Abu Dhabi Investment Authority (ADIA) took its current name in 1976.
MbZ is AIDA Chairman...
Most AIDA Directors share his (Al Nahyan) surname, and two of them hold UAE government positions subordinate to President MbZ.
Just counting assets outside UAE, MbZ is worth at least $870 billion.
MbZ is a direct, and top, beneficiary of the climate-rationalized coal-phaseout.
Because gas-powered electricity is "climate-friendly," UAE's already lucrative gas exports will expand as the coal phase-out progresses.
The UAE is feverishly pouring $100+ billion into doubling its Liquid Natural Gas exporting capacity. Tiny UAE possesses the world's seventh largest gas reserves.
MbZ is also a leading promoter of solar power.
Abu Dhabi has shown interest in concentrated solar thermal, as well as PV.
Their 100 MW Shams project was completed in 2013 at the prohibitive cost of $600 million.
Solar-steam does jibe well, however, with solar-powered desalination, another interest of MbZ's. At COP27, MbZ's entourage numbered 1,100 - by far the largest delegation - three percent of total conference attendance.
Guess who's hosting COP28...
The Quandt Siblings
Spreading the Big Climate Lie comes easy to the Quandt siblings, being grandchildren of Goebbels' stepson.
Great-grandfather Gunther Quandt founded the family fortune by moving his battery plants into a concentration camp where 80 slaves died per month from accidents or chemical exposure.
At war's end, Gunther boasted to family members of having squirreled away "($US) 78 million" during the Third Reich - a regime he and his sons wholeheartedly endorsed.
Today, Stefan Quandt and sister, Susanne Klatten (nee Quandt) are each worth over $20 billion.
BMWG boasts, with justification, of being,
Pre-2021 BMW had 3 electric vehicles on the market.
By 2024 they will have 10 models of EV including the mass production "5 Series," an electric Rolls, and a long-range electric Mini. (Rolls Royce and Mini are BMWG subsidiaries.)
After that, from 2025, we will be taking the core BMW brand into an all-electric dimension with "Neue Klasse."
In 2021 BMWG sold 2.5 million cars.
By 2030 half of all new sales will be fully electrics.
BMWG owns 5 battery manufacturing facilities (3 in Germany, 1 in USA and 1 in China) and is building a massive one in Hungary.
They have signed long-term battery purchasing agreements with China's CATL, and have entered into EV battery recycling partnerships in the UK, China and across Europe.
BMWG's new BMW Charging and Mini Charging debit cards provide access to 250,000 charging stations (48,000 in Germany).
BMWG's PR machine is mobilizing public support for increased government expenditure on car-charging infrastructure BMW's iX5 Hydrogen car is,
BMWG belongs to the Hydrogen Council and H2 Mobility Deutschland.
BMWG preps for protectionism by praising the "Circular Economy."
Currently, BMW products contain 30 percent recycled materials. Products with low-recycled content may soon face stiff EU tariffs; as will products with high-CO2 emitting supply chains.
BMWG helps anchor the Business Ambition for 1,5C - Science Based Targets Initiative - a UN Global Compact/WWF spawn conceived to monitor corporate decarbonization.
Under SBTi's plan, companies pledge individualized Net Zero strategies and agree to reveal their progress. SBTi's 68 staff have been overwhelmed by the response.
The 2,200 businesses making pledges, so far, own assets,
Stefan is a BMW Foundation Trustee.
The Foundation's Chair is one of Stefan's employees, as are most the Trustees.
Their mantra:
...weaves through Foundation documents.
The Foundation's 57 employees fund renewable energy start-ups and facilitate uber-green urban design. Stephan also Chairs the less-transparent Johanna Quandt Foundation.
Susanne is philanthropically active, as well.
No political party in the world fights more effectively to advance the climate crusade than Germany's Christian Democratic Party/Christian Social Union (CDP/CSU), and no family gives more money to the CDP/CSU than the Quandts.
Elon "Climate Boy" Musk
Elon Musk's $190 billion fortune contains $120 billion in Tesla stock - a company existentially vested in the 'climate campaign'...
Elon's been preaching global warming gospel ever since he bought Tesla in 2004.
In 2006 he launched SolarCity as an amorphous residential and commercial solar power enabler. In 2015 he had Tesla buy the troubled company and merge it with Tesla Energy - a subsidiary whose main line is battery storage products.
In 2021 Tesla Energy made $2.9 billion in sales.
His Foundation website barks:
In 2018, after Elon's scandalous donations to Republicans came to light, Sierra Club Executive Director Michael Brune rushed to Elon's defence, revealing for the first time (at Elon's request) that a recent $6 million "anonymous" gift to the Club had come from Musk.
Brune added:
So true, but sadly the South African born-and-raised Musk's "mission" happens to be an EU-led economic warfare attack on the English-speaking world's energy industry.
When Elon ponied-up $44 billion of Tesla stock as collateral to buy Twitter, climate realists rejoiced.
Why?
Now he's a pinnacle broadcaster and censor.
Grim tidings.
Larry Fink
At age 70 Larry Fink finds himself worth $1 billion.
Fink's mom was an English prof. His dad owned a store. Fink got his MBA then joined First Boston in 1976 where he helped pioneer the ill-starred mortgage-backed securities market.
In 1988 Fink and his First Boston cronies went independent. Within a year they had $3 billion in assets under management.
By 1999 that figure had ballooned to $165 billion. Mergers with Merrill Lynch (2006) and Barclay's (2009) blasted BlackRock through the plutosphere.
BlackRock currently earns $20 billion a year managing $10 trillion worth of client assets.
From BlackRock's Manhattan HQ Chairman and CEO Larry Fink oversees 18,000 employees working out of 70 offices in 30 countries.
Fink likes to say most BlackRock's clients are little guys saving for retirement. Numerically perhaps, but the big bucks come from managing assets for pension plans, insurance companies, endowments, corporate treasuries and sovereign investment funds.
BlackRock is renowned for its "revolvers", i.e.,
For example,
In 2008 the Federal Reserve appointed BlackRock sole manager of a $130 billion debt settlement arising from the mortgage-backed securities fiasco.
In 2020, in what was widely decried as a howling conflict of interest, the Federal Reserve, seeking bond market stability, named BlackRock as their commercial mortgage and corporate bond purchasing agent.
Fink is a Council on Foreign Relations, and World Economic Forum, man. A life-long Democrat, Fink channels millions into the party. (His largesse extends to key Republicans, as well).
The BlackRock Investment Stewardship Global Principles (January 2022), carries this gem:
Fink's legion of asset managers leverage their fiduciary obligations as legal managers of client shareholdings to pressure companies into Net Zero compliance.
BlackRock scrutinizes how companies treat Net Zero-related shareholder proposals. At the same time, BlackRock improves "connectivity" with clients so as to better ventriloquize "stakeholder interest."
BlackRock's 'From Ambition to Action', the Path to Net Zero reconfigures "climate risk" away from mundanities like 'rising temperatures or extreme weather', and toward the energy transition itself.
Assessing "transition risk" involves questioning a company's readiness for low-carbon policies and markets.
Fink notes:
Acc. Larry:
And:
Fink foresees an era of "stakeholder capitalism" wherein shareholder activists acquire new levels and new levers of control.
Fink is launching a Center for Stakeholder Capitalism to game proxy-voting at corporate AGMs, or in his words:
The explicit, overarching goal is Net Zero compliance.
BlackRock's energy transition computer program, Aladdin, serves as a template for companies seeking a path to Net Zero.
The Aladdin team now cooperates with Baringa - owners of a rival Net Zero platform currently used by companies owning $15 trillion in assets.
BlackRock founded the Task Force on Climate Related Financial Disclosures.
BlackRock signed the Net Zero Asset Management Initiative, and joined the Task Force on Nature Related Financial Disclosures, the Glasgow Financial Alliance for Net Zero, and Climate Action 100+.
BlackRock's ethical gurus help clients sustainably invest $40 billion a year. Always on the hunt for "unicorns," BlackRock recently helped amassed a $600 million war-chest for upstart carbon-cutting ventures.
BlackRock also donates philanthropically to "clean energy" projects.
Conclusion
Accusations of fundamental error laid against an established branch of science must be accompanied by descriptions of the critical defects within the organization, personnel and/or history of the impugned branch of science, i.e.,
Climate skeptics often attribute the errors of mainstream climate science to the influence of Q-Anon-type conspirators.
Climate oligarchs aren't hard to spot: Perhaps several dozen global citizens fit our "climate oligarch" description.
Arguably more powerful within the complex than the playboys, however, are the senior execs of mega-corporations like Siemens, GE, Volkswagen and BP et al - enterprises enmeshed into the energy transition.
Moreover, industrial-complexes are not simply congregations of private businesses.
Energy and Climate Ministers from,
...constitute profound foci and loci of force and lucre within the climate-industrial-complex.
Then there's the army of climate professors, climate students and climate activists. Then there's the alphabet soup of climate-oriented international, multilateral and UN agencies.
Finally, there's China's solar, wind and electric vehicle industries, albeit,
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