Make no mistake about it – they’re coming for it – the world’s private pension money. The greens used to tell us that green energy could be profitable and would not burden our economy – in fact they even claimed it would lead to an economic boom and prosperity.
But now that the first building blocks of the green energy grid are in place, they too realize this is going to cost a lot of money – HUGE MONEY! Reports say it’s going to cost $1 trillion dollars a year for the rest of the century. Where should this kind of money come from?
Prof. Hans Joachim Schellhnhuber, Director of the ultra-climate-alarmist Potsdam Institute for Climate Impact Research and Chairman of the anti-democratic WBGU (German Advisory Council on Global Change) has the answer: Raid the global private pension and retirement funds…and steal the money we worked our entire lives for.
And let’s not kid ourselves about who is going to make out on this. The leftist online DIE ZEIT daily here reports:
In the fight against global warming, the top environmental advisers of the German government, according to information from Die Zeit, want to tap a new source of funding – the private pensions of savers.”
Some thieving bastards will stop at nothing, won’t they? Now governments are using science to legitimize the widescale plunder of private pension funds. “Sorry people, but we have to steal your savings to save the planet.”
Globally, there’s lots of hard-earned “private” money tucked away for the retirement years of many citizens. But the greens are now thinking: “You didn’t save that.” They’re salivating over it, scheming to get there sticky, grubby hands on it. Die Zeit writes:
Insurances and pension funds alone have 50,000 trillion dollars at their disposal, which has to be securely invested over the long-term, says an expert report of the scientific advisory council of the German government for global environmental issues (WBGU). This capital could be mobilized for the Energiewende (energy transformation), like for revamping the power grid.”
The WBGU just released that “expert” report on how the greatest heist of all-time is to be executed, and it will be submitted today to Germany’s Minister of Environment Peter Altmaier. For example on page 20 it states:
Despite the fact that private capital is, in principle, available, general willingness to invest in or finance the transformation of energy systems towards sustainability falls short of what is required.”
Now we know the sad state of green energy’s ability to compete or to be profitable. The energy only becomes viable (and that only over the midterm) if there’s a state-ordered mass-scale plunder of the world’s private retirement accounts. It cannot survive with anything less. This is unprecedented in scale when it comes to a lack of feasibility.
Personally, my wife and I, are looking at retirement in about 10 years. I’d say it would be wise to start making plans to take “our money” and running fast and far.
Finally, I don’t know where the “intellectual” Die Zeit or the WBGU got this “50,000 trillion” figure. That’s over 3000 times the US debt -or $7 million per person globally! That’s way out of the park and obviously wrong. It shows that lefties have no idea when it comes to scales of money.
The world needs Paul Ryan, fast!