Could this be the grandest scam of all time...The Climate Scam?
On the surface, BlackRock is trying to dupe the world that they’re dedicated to climate change and sustainability, portraying themselves as the heroic figure helping NZ boost its green energy sector with a $2 billion investment . This follows BlackRock’s pre-existing investment of $100m into the NZ energy sector through the company SolarZero in 2022.
For more than a year BlackRock has been pushing worldwide companies it invests in to decarbonize. They put out a statement stating they anticipate at least 75% of BlackRock company and government assets to be net zero-aligned by 2030 . They are the ominous juggernaut pushing Agenda 2030 and the climate change narrative. They cover all of this up with flowery words like “our emphasis has been on environmental, social and governance (ESG) investing that prioritises a company’s sustainability and positive contribution to society.”
However, in reality, BlackRock is just greenwashing itself. They epitomise the worst kind of hypocrisy...because they appear credible.
Behind the scenes, though, BlackRock, the world's largest asset manager, recently appointed Amin Nasser to its board of directors . Nasser is the CEO of Saudi Aramco, the world's biggest oil company trading in fossil fuels. This move contrasts sharply with BlackRock's commitment to ramp up investment in environmentally friendly companies.
To put things into perspective, let’s follow the money. Last year, Saudi Aramco reported a record annual profit of $161 billion—a 46% increase from the previous year—largely due to global oil prices surging after Russia's conflict in Ukraine. These duplicitous moguls certainly know how to take advantage of a crisis.
If you follow Nasser's statements, in October 2021, he appeared committed to reaching net-zero emissions from the assets Saudi Aramco wholly owns and operates by 2050. However, a few months later, in December 2021, Nasser was urging global leaders to continue investing in fossil fuels, arguing that the world couldn't transition to clean energy overnight.
To underscore the hypocrisy, in December 2021, a consortium of investors led by BlackRock acquired a 49% stake in Aramco Gas Pipelines for a substantial $15.5 billion . This investment facilitated the oil company's ambitious expansion of production capacity.
In addition to all of this, BlackRock invests in civilian gun manufacturers and weapons companies and is being investigated in the US for investing in blacklisted companies in China.
So why aren't the climate activists taking to the streets? Especially if they genuinely believe in the climate claims that say 71% of the world's greenhouse gas emissions, responsible for the so-called global warming, come from just 100 companies globally . Notably, leading this list of top emitters is China Coal, accounting for 14.3%, followed by none other than Saudi Aramco at 4.5%. If Nasser and his company rank second on the climate activists' naughty list of culprits, then where are the protests against BlackRock's activities?
Only one bold New Zealand fund manager, Pathfinder, has dared to divest from BlackRock equity since Nasser's board appointment. I genuinely hope they can endure the inevitable consequences.
In essence, BlackRock and these climate advocates don't truly care about climate change—it's all about money for them! Their pursuit is driven by profits.
In reality, climate change has never been their true concern—it's actually climate fraud!
They're deceiving millions, possibly trillions of dollars, in what can be considered one of history's most grandiose scams—the climate scam!
I believe fossil fuels are vital to human flourishing! There is no climate change emergency.
BlackRock, take heed...NZ IS NOT UP FOR SALE!
Join me on Thursday 28th September 2023, outside the UNA-NZ’s Advancing Agenda 2030 conference, as we march and protest in the streets to ABANDON AGENDA 2030.
Let’s make commonsense, common again, and rid ourselves of all this climate change nonsense.