#privatejets

50 years of Davoz. The Global Shapers will be the rope the Multistakeholders use to hang the rest of us with

Davos is upon us. That event where the world’s elite congregate via private jet and helicopter transport to tell the rest of us to reconsider our use of a second hand SUV to take the kids to soccer practice for the sake of the planet.

This event marks 50 years. What started as a good idea is now nothing more than a networking event for crony capitalists looking to exploit gutless governments into backing their schemes and ridiculing those that don’t sign up for multi-million dollar memberships.

We should applaud the World Economic Forum (WEF) for helping perpetuate the culture of systemically brainwashing our youth.

In the 2020 Global Risks report, we get the following table which highlights adults (‘Multistakeholders’) and the youth (‘Global Shapers’). Who knew that environmental issues took the Top 5 positions among the kids? Privacy be damned. Adults were more concerned with politics and trade wars. Hint hint President Trump.

The long term outlook produced even more drama. The adults seem to have appeased the kids on climate but their private jet powered life styles at the very least mention global governance failure and the risk of asset bubbles popping.

The youth on the other hand ramped up the global warming rhetoric to 11. The Top 6 concerns are climate and #8 turns out to be about climate refugees. That’s the result of a Marxist education, one that NZ is only too proud to boast about. Forget rational debate to engage kids on how to see two sides of an argument. They will be admonished for speaking out against the orthodoxy. Or doxxed on social media. Or both. Is it any wonder we have a mental health crisis?

Although it is worth mentioning that the deteriorating global economic fundamentals highlighted in the same report risk handing the kids their ideal utopia by way of a deep recession thanks to excessive global debt levels and low interest rates. It is unlikely these self-entitled ‘Global Shapers’ have ever contemplated, much less lived through such an outcome with all of their earth ending hysteria. Best tell them that if they pursue their dream of 100% renewables and zero carbon emissions they can bask in the shared misery of having let their teachers blindly mislead them by never challenging them on anything. Experience is a hard teacher. They’ll get the test first and the lesson afterwards. But such reality will be too late and take decades to fix.

Perhaps these ‘Global Shapers’ would do well to study the reasons why inequality and social upheaval will continue to grow if the world pursues the barking mad drive to decarbonise the world. The report even makes a point to talk of the disruption in France by the yellow vests. It noted,

In France, for example, the persistence of the “gilets jaunes” movement had caused businesses more than US$11.4 billion in losses by December 2019 and complicated the government’s plans for economic revival.

The yellow vests are protesting over regulation and climate related taxes.

Under the chapter of ’10 years left’, we got the following passage which is full of untruths as to beggar belief.

Governments, markets and, in an increasing number of societies, voters are awakening to the urgent realities of climate change—it is striking harder and more rapidly than many expected. The last five years are on track to be the warmest on record. Climate-related natural disasters such as hurricanes, droughts and wildfires are becoming more intense and more frequent, reportedly now averaging a disaster a week. Polar ice is melting more quickly than anticipated, with drastic implications for sea levels and coastal populations. Severe weather is worsening: the last year witnessed unprecedented wildfires and devasting storms across the globe, sea ice loss in the Arctic and record-breaking heatwaves in Europe.”

Yet how was it that Queenslanders voted to keep the incumbent government in power because of its support for a coal mine? Why is China committing to 300-500 new coal-fired power plants?

How is it that the UN has reported categorically that it has ‘low confidence’ on any shift in the behaviour of natural disasters? In the UNIPCC’s March 2018 report on weather extremes with respect to anthropogenic induced global warming) it says,

“…There is low confidence in observed trends in small-scale phenomena such as tornadoes and hail because of data inhomogeneities and inadequacies in monitoring systemsin some regions droughts have become less frequent, less intense, or shorter, for example, in central North America and northwestern Australia. There is limited to medium evidence available to assess climate-driven observed changes in the magnitude and frequency of floodslow confidence for the attribution of any detectable changes in tropical cyclone activity to anthropogenic influences..low confidence in projections of changes in extreme winds.. low confidence in projections of changes in monsoonslow confidence in wave height projections…overall low confidence because of inconsistent projections of drought changes…low confidencein projected future changes in dust storms…low confidence in projections of an anthropogenic effect on phenomena such as shallow landslides.”

Where is the evidence of 10s of millions of climate refugees fleeing rising sea levels an coastal populations?

Virginie K. E. Duvat of the Institut du Littoral et de l’Environnement, University of la Rochelle-CNRS, La Rochelle sponsored by the French National Research Agency; French Ministry of Environment, Energy and Oceans (MEEM) wrote.

Analysis “using tide gauges and satellites showed 30 Pacific and Indian Ocean atolls including 709 islands, revealed that no atoll lost land area and that 88.6% of islands were either stable or increased in area, while only 11.4% contracted.

This confirms a 2010 study by Webb & Kench which revealed,

that 86% of islands remained stable (43%) or increased in area (43%) over the timeframe of analysis. Largest decadal rates of increase in island area range between 0.1 to 5.6 ha. Only 14% of study islands exhibited a net reduction in island area. Despite small net changes in area, islands exhibited larger gross changes.

There is even reference to properties sold in Florida and the risk they become uninsurable. Then why is the Florida house price index at record highs?

What about record breaking cold waves in Europe and Canada? Unprecedented wildfires and storms? Not according to the data.

Unprecedented media sensationalism more like it.

One comment made in the report was the fact that 14x more women die than men during natural disasters. Is this proof there are only two biological genders or are the studies on non-binary deaths during disasters incomplete? This may have to be a separate break out session.

The report also issues this stark warning.

Aside from a number of vanguard first-mover champions, most companies, too, appear ill-equipped to address climate risk.

Ill-equipped or paying lip service?

Take Josh Bayliss, CEO of Virgin Group. He said,

“It’s definitely true that right now every one of us should think hard about whether or not we need to take a flight.”

Why doesn’t he close down the airlines in the portfolio? Instead of waiting for his customers to grow a conscience and do the right thing why not force their choice? The obvious answer is that it’s hypocritical.

Yet even our own ASIC feels the need to force the minds of corporates to deal with climate change. Forget the data that shows reporting on the subject has collapsed since 2011 from an already low level because the free market mechanism reveals that pricing to offset such fears simply don’t exist in any meaningful way. The regulator’s wish to enforce reporting only proves it needs to construct a narrative to ward off a problem that doesn’t rate much of mention other than virtue signaling.

Perhaps this urgency to get regulators to pressure corporate leaders showed up with this snippet in the WEF report,

In the World Economic Forum’s survey of business leaders, none of the top 10 risks globally are environmental, suggesting a critical blind spot…industry partners of the World Economic Forum ranked environmental risks higher than business leaders surveyed more broadly…Overall, lack of consistent awareness-raising among business leaders may create first-mover advantages for some, but it also potentially demonstrates the much more concerning overarching risk: that many businesses may not be planning for the physical and financial risks that climate change may have on their activities and across their value chains.

So in plain English that says that the majority of corporates that don’t pay into the WEF’s Davos slush fund are evil and if we can get the governments of the world to force change, its members will be the first beneficiaries of any new climate legislation.

Yes, Global Shapers are merely the rope that the Multistakeholders will use to lynch the rest of us with.

BoJo bans Davos attendance by his ministers

UK PM Boris Johnson has reportedly said that his ministers won’t be allowed to travel to Davos to attend the World Economic Forum citing,

Our focus is on delivering for the people, not champagne with billionaires…[Davos] is a great big constellation of egos involved in massive mutual orgies of adulation.”

The cost of membership and attendance is extremely high.

As we pointed out yesterday, the depth of WEF analysis leaves a lot to be desired. Still that won’t stop elites flying in to Zurich Airport on private jets before hitching helicopter rides to the summit and talk about we need to live more responsibly.

Good call PM.

Greta Thunberg’s Brilliant Minds speech

What troubles CM is that the soon to be Dr Thunberg (she will be given an honorary doctorate from the University of Mons in Belgium) will be abused even more by those pushing the climate change narrative. She is the perfect human shield to the divisive machine that lurks begins her. It is hard to criticize a movement when the face is a child.

She faces either nothing happening with the climate and being exposed as brainwashed. Or the policies she espouses will lead to such a miserable existence that life will be even more terrible than it is now.

This is not to criticize Thunberg per se. She is undoubtedly a very brave girl to face world leaders and celebrities with such scripted messages.

Here is the transcript of Greta Thunberg’s Brilliant Minds speech. The socialist imprints are all over the language. Especially when the 16-yo tells the audience they are simply “uninformed.” Watch out for the coming “carbon budget” which will mean you have to turn vegan, stop flying and take on your moral duty to stop spending other’s carbon credits!!

——

Around the year 2030, we will be in a position where we probably set off an irreversible chain reaction beyond human control, that will most likely lead to the end of our civilization as we know it.


That is unless, in that time, permanent and unprecedented changes in all aspects of industrialized society have taken place. Including a reduction of our CO2 emissions by at least 50%.

And please note that these calculations are depending on inventions that have not yet been invented at scale.

Furthermore, these scientific calculations do not include most unforeseen tipping points and feedback loops.

Nor do these calculations include already locked in warming hidden by toxic air pollution. Nor the aspect of equity, which is absolutely necessary to make the Paris Agreement work on a global scale.

And these calculations are not opinions or wild guesses.
These projections are backed up by scientific facts, concluded by all nations through the IPCC.

So if we are to stay below the 1,5 degrees of warming limit, which is still possible within the laws of physics, we need to change almost everything. We need to start living within the planetary boundaries. This will be a drastic change for many, but not for most.

Because most of the world’s population is already living within the planetary boundaries. It is a minority who are not. 

The richest 10% of the world’s population emits about half of our emissions of greenhouse gases. The richest 1% emits more than the poorest 50%.

And this is not about glorifying poverty, this is about the laws of physics and the remaining amount of greenhouse gases that we can still emit into the atmosphere to be in line with the Paris agreement.

It is not people in countries like Mozambique, Bangladesh or Colombia who are most responsible for this crisis. It is mostly down to people like you here in the audience.

Entrepreneurs, celebrities, politicians, business leaders. People who have a lot of power.
People who consume enormous amounts of stuff. Who often fly around the world, sometimes in private jets.

Your individual carbon footprints are in some cases the equivalent of whole villages.

But the worst part I think is that you are normalizing this extreme lifestyle. Because people look up to you. You are the role models, you are setting the standards. People aspire to be like you.

About 100 companies emit approximately 71% of our total emissions of CO2. And yes I know, we need a system change rather than individual change. But you can not have one without the other.

If you look through history all the big changes in society have been started by people at the grassroots level. No system change can come without pressure from large groups of individuals.

And no, I don’t blame you. I know you are not acting like this because you are stupid. You are not ruining the biosphere and future living conditions for all species because you are evil. At least I hope not. I know that almost everyone of you are simply uninformed. Just like the rest of the world’s population.

I know that you here in the audience didn’t travel here to see a sixteen-year-old girl who says strange and uncomfortable things.

But you know what? We need to dare to be uncomfortable. We need to be brave enough to say and do things that may not increase our profit or our popularity. Because otherwise, we won’t stand a chance.

We need to start thinking outside the box. To acknowledge that we don’t have all the solutions to the climate and ecological crises yet unless those solutions mean that we simply stop doing certain things.

We need to accept that the market and new technologies will not solve everything for us. We need to admit our common failure. And then we need to act, while there’s still time

At meetings like these, you love to listen to entrepreneurs, new ideas and new inventions. But when it comes to the climate crisis the time for those magic new inventions has just about come and gone.

And even though we most certainly need to embrace every bit of new clean technology – we can no longer look away from the obvious fact that we also need to change our behaviour. Some more than others.

The theme of this year’s Brilliant Minds conference is “Fluxability Quotient”. It’s what the organizers call “a symphony of big-picture thinking”.
Well, here is some big-picture thinking for you.

If you regularly fly around the world, eat meat and dairy and are living a high carbon lifestyle then that means you have used up countless of people’s remaining carbon budgets. Carbon budgets that they will need in their everyday life, for generations to come.

And if that wasn’t enough, those whose carbon budgets we are stealing are the ones least responsible and the ones who are going to be affected the most by this crisis.

According to climate scientist Kevin Anderson, if the richest 10% of the world’s population would lower their emissions to that of the average citizen of the European Union, then the world’s emissions of CO2 would be cut by about one third.

I think we can safely say that everyone in this room belongs to that 10%. Including me.

Everyone and everything needs to change. But the bigger your platform, the bigger your responsibility. The bigger your carbon footprint, the bigger your moral duty.

To make the changes required we need role models and leaders. People like you. I am certain that most of you sitting here will have the wisdom, the courage and the common sense to take a few steps back. To see the full picture. To make the sacrifices that are necessary. And to become the leaders we need you to be.

The question is, will you do it in time?

Future generations are counting on you. Don’t let us down.