Contrary to the narrative manufactured by scientists and academics in thrall to the globalism of the World Economic Forum, climate change is a natural phenomenon that scientists and historians of integrity have proved is as old as the Earth itself. They have also noted that weather and temperature patterns are influenced by the variable elliptical path of the Earth around the sun and variations in the tilt of the earth. In short, human activities involving fossil fuels have no effect on climate change.

Thus, the decarbonisation process with its reams of regulations and bureaucratic oversight is completely unnecessary because the Green Deal is a giant scam. Those that have bought into it, like the ANC government, stand to profit through the procurement of wind turbines and solar panels and the increased cost of electricity. There is nothing just about the so-called Just Transition to green energy sources, just greater debt from overseas borrowing and dramatically increased living costs, as green-compliant Germany is experiencing.

There is nothing “insidious” about being exposed to carbon-intensive activities, as the green alarmists falsely proclaim. On the contrary, carbon emissions per million need to double in the interests of a greener environment and a better food supply.

Instead of making alarmist, unenlightened statements about climate change having a negative effect on financial stability, Kganyago should gleefully be rubbing his hands at the rosy financial impact the gas and oil exploitation off the west coast will have on our ailing economy. That is where he should be directing investment, just as Trump is doing in America. “Drill, baby, Drill!” is the narrative of common sense attested to by history.

The post Financial Stability Not Threatened By Nature appeared first on Duncan Du Bois.

Proudly, the Coronation Fund Managers declare that they “assess and advocate for improvements in their climate change strategies.” Clearly, despite Coronation’s research capacity, they have wittingly or unwittingly allowed themselves to be shepherded by the controlled sirens of pliant science and the mass media in believing that human activity can influence climate change.

Uncorrupted science and history have proved that warming periods occurred in millennia before fossil fuels were being widely used as they are today. Uncorrupted science has also shown that temperature changes occur as a result of the inconsistency of the earth’s elliptical path around the sun and the slight variations that occur in the earth’s tilt.

So, ignoring true science and history is really inexcusable. But what is worse is the agenda of the climate change globalists. It requires investing in the hugely expensive green deal – lithium powered vehicles, wind turbines and solar panels. It ignores the vast environmental damage the extraction of lithium causes and the unreliability of wind turbines with their terrible toll on bird life.

By taking punitive action against what they condemn as carbon polluters like Sasol, the ESG disciples push up the cost of living and exacerbate impoverishment. Of course, if they studied the science and history of carbon dioxide, they would note that although it comprises less than one percent of the atmosphere, it is vitally important for plant and vegetation growth.

The part of the Stewardship Report that shows double standards is Coronation’s eye on the possible oil and gas bonanza off the Namibian coast. For all their green commitment, the allure of profitable investment in fossil fuel exploitation beckons.

Although the Stewardship Report is silent on the social aspect of ESG, it needs to be pointed out that it concerns DEI—diversity, equity, and inclusion. One wonders how that squares with Coronation’s commitment to “responsible investment” when it is a fact that the criterion of merit is excluded in the application of DEI policy.

Given the Trump Administration’s recognition of the globalists’ green deal for the scam it is, in keeping with their commitment to responsible investment, Coronation’s Fund Managers ought to be ditching ESG and focusing on the massive fossil fuel exploitation that is about to take off in the US.

Investment in ESG is irresponsible.

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