If you want to really understand what’s behind a particular policy agenda, it’s always illuminating to see who is driving it and, more importantly, who is benefiting from it.
Nowhere less importantly than in the clamouring over climate change and “renewables”.
Who is driving this agenda? Not ordinary people: in global surveys commissioned by the UN, climate change barely scrapes into the top 10 issues of concern, if at all. A recent survey in the US found that climate change was ranked nearly last. Australian surveys find similar.
Ordinary people are overwhelmingly concerned about bread-and-butter issues: inflation, energy costs, education, health, crime and political corruption.
So, who is driving the climate change hysteria? Take a look at the next “schools strike for climate” (engendered by the privileged scion of multimillionaire parents): you’ll see a wall of expensive private school blazers. Extinction rebellion? Lots of hyphenated surnames and Oxbridge accents – no plumbers or cleaning ladies. In Australia, the Greens/Teals voter base is concentrated in the wealthiest electorates in the nation.
And who is behind the drive for renewables? Not the hoi polloi struggling to pay their skyrocketing energy bills, even as major cities face chronic blackouts.
No, it’s the mega-wealthiest plutocracies in history.
The nation’s second biggest super fund is getting into the power market on the ground floor, taking a cornerstone stake in a Sydney start-up that has ambitions to become a major player in rolling out big ticket energy storage across Australia.
Paul Keating’s compulsory superannuation laws were the greatest handout to the left, possibly in Australia’s history. “Industry” (meaning, union) super funds are an $840 billion slush fund for the plutocratic left. In one of the greatest insults in history, working people’s retirement savings are being used to bludgeon working people’s present and future.
The move by the $150bn Aware Super comes as the nation faces its own power crunch.
The Australian
A crunch brought on entirely by climate policy. Coal plants have mostly been closed at the behest of green activists: the few remaining are barely maintained because “institutional investors” (super funds) pressure banks not to finance investment in them. As has happened everywhere, the drive for wind and solar goes directly hand-in-hand with spiralling electricity costs and collapsing energy security.
But the mega-wealthy are making a motza, slugging working-people twice over. Not only are their retirement funds weaponised against them, but the plutocrats are pillaging tax revenues to line their pockets. The Australian government is set to spend $22 billion subsidising renewables by the end of the decade.
Around the world, $2.4 trillion is being plunged into renewables.
Someone, somewhere is making a whole lot of money – and it’s not you.