SHALE Magazine July/August 2022

Page 36

INDUSTRY

The Great Green Reset Scam By: Tom Shepstone

I

f you want to understand what’s happening in the world, and specifically, the world of energy, one needs only to watch what elites do as opposed to what they say. By this, I’m not talking about their hypocrisy. We do far too much of that, which accomplishes precisely nothing. This is because elites are proud of their hypocrisy; it demonstrates they are so important as to be above the rules. Focusing on it simply throws us off the real scent, which is one of implicit corruption. It is endemic throughout the world’s ruling class, and that’s what we need to understand and defeat if we want the benefits of shale gas to be fully enjoyed. There is a fascinating example of what I’m talking about. It is a report from a foreign group called Reclaim Finance. It is all about what big banks are doing, as opposed to what they’re saying about global warming. It is the work of extremists who say this is their mission:

Our team, directed by Goldman prize winner Lucie Pinson, has backgrounds in a variety of sectors – such as finance, public administration, non-profits and law – and is united by our desire for a financial system working for people and the planet. Headquartered in Paris, we have employees around the world from London to California. Our staff team is supported by an experienced Board of Directors, who have together spent more than 60 years working in NGOs on environmental and climate finance issues. Notice the emphasis on “climate finance.” While the goal is conveyed superficially as one of denying capital for exploration and development of shale gas and other fossil fuels, there is already the implicit intention to finance “green energy” replacements. That is to say, Reclaim Finance is part of the plan for someone — namely elites — to rob trillions in green rent from ratepayers and taxpayers, using big banks to finance the thievery for big returns themselves.

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SHALE MAGAZINE  JULY/AUGUST 2022

Who is paying for this? The answer, as usual, is behind several doors. Reclaim Finance, and the report itself, was financed by private foundations, including one called the Sunrise Foundation. A quick visit to its website and its annual reports shows it is, in turn, funded by a third NGO called the Oak Foundation. It has funded, in a big way, organizations such as Rockefeller Philanthropies, 350.org (another Rockefeller outfit), the Duke University Nicholas School (producer of anti-fracking junk science), the NRDC (more Rockefeller), the Energy Foundation (majorly funded by solar investor Nat Simons) and Tides (Teresa Heinz Kerry’s non-profit political money laundering operation). Every one of these is anti-fracking. But, that’s not the most important thing here. These two items from Influence Watch‘s report are what are really significant: • In 2018, Oak gave $1 million to ClimateWorks Foundation “to support the greening of the Belt and Road Initiative,” a global trade infrastructure project pushed by Chinese leader Xi

Jinping to link the communist country with the rest of Eurasia. Oak Foundation has also given grants to the World Wide Fund for Nature (WWF) and Global Environmental Institute in support of Belt and Road-related activities. • British-born businessman Alan M. Parker, currently living in Geneva, Switzerland with an estimated net worth of about $2 billion, is the founder and main funder of the Oak Foundation. He was an accountant and key early partner of the Hong Kong-based firm Duty Free Shoppers (today DFS Group) which retails luxury goods in major airports and resorts worldwide. Parker eventually became the CFO of the DFS Group as well as its third-largest shareholder. The Oak Foundation, in other words, has been closely allied with the Chinese Communist Party and Parker is a big-time investor. He is, in fact, the big guy behind the Brunswick Group, which has a very specific agenda. Consider these excerpts from his writing, which emphasizes “evolving ESG metrics.”

YINGYAIPUMI/STOCK.ADOBE.COM

Reclaim Finance was founded in March 2020 with one simple mission: making finance work for the climate. Since then, we have grown from strength to strength, expanding our team as we strive to shift the world’s largest financial institutions away from fossil fuels…


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