Australian Politics Forum - Why bankers love AGW and the market it creates

Ajax Gold Member Offline CO2 has never controlled temperature on Earth Posts: 11070 Australia Gender:	Why bankers love AGW and the market it creates May 1^st, 2017 at 8:49am Climate change offers huge investment opportunity, Al Gore tells World Bank http://www.afr.com/business/energy/solar-energy/climate-change-offers-huge-inves...
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Ajax

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Re: Why bankers love AGW and the market it creates
Reply #1 - May 1^st, 2017 at 9:05am

Why are banks involved with climate change...????

http://www.worldbank.org/en/topic/climatechange

http://newsroom.bankofamerica.com/press-releases/environment/bank-america-commit...

http://www.goldmansachs.com/citizenship/environmental-stewardship/documents/clim...

https://www.jpmorganchase.com/corporate/Corporate-Responsibility/environment.htm

https://www.ml.com/articles/the-serious-business-of-saving-the-planet.html

http://news.bostoncommonasset.com/wp-content/uploads/2017/01/Update-Report-On-Bo...

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greggerypeccary Gold Member Offline Australian Politics Posts: 155768 Gender:	Re: Why bankers love AGW and the market it creates Reply #2 - May 1^st, 2017 at 9:17am The science of money
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Ajax

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Re: Why bankers love AGW and the market it creates
Reply #3 - May 1^st, 2017 at 9:22am

greggerypeccary wrote on May 1^st, 2017 at 9:17am:

The science of money Undecided

Touche Gregg,

They stand to make trillions of dollars if they can some how manage to con the world into paying for the air we breathe.

I bet JV thinks its because their nice people that desperately want to save our planet from ourselves... Grin

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #4 - May 1^st, 2017 at 10:49am Banks are risk averse. That is why WestPac is not going to provide finance to the Adani mine. Coal assets are becoming stranded assets. Even Rio sold its NSW coal mines.
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Ajax

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Re: Why bankers love AGW and the market it creates
Reply #5 - May 1^st, 2017 at 3:02pm

Jovial Monk wrote on May 1^st, 2017 at 10:49am:

Banks are risk averse. That is why WestPac is not going to provide finance to the Adani mine. Coal assets are becoming stranded assets. Even Rio sold its NSW coal mines.

Nothing risky in making free people around the world pay for the free air they breathe, it's worth trillions.

If it hadn't been for banks investing billions of dollars into the pseudoscience that is AGW, it would have been thrown out long ago, that sh!tty science would have been gone baby, bathwater and tub.

There's still hope that we wont be financially enslaved to the banks and the UN for ever, lets hope common sense prevails.

It must be illegal for a foreign entity to set the taxation limit and then collect it in any country around the world.

Only our government can set a tax and collect it from the Australian people, moreover that tax would have to spent on infrastructure, schools hospitals etc etc.

An ETS/carbon tax nust be illegal in accordance with iour constitution.

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2. "One hour of freedom is worth more than 40 years of slavery & prison" Regas Feraeos

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #6 - May 1^st, 2017 at 5:19pm Emotive claptrap, Ajax, sorry.
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Ajax

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Re: Why bankers love AGW and the market it creates
Reply #7 - May 1^st, 2017 at 6:44pm

Jovial Monk wrote on May 1^st, 2017 at 5:19pm:

Emotive claptrap, Ajax, sorry.

I wouldn’t expect anything less from a person who despite all evidence given him by not only sceptics but by the godfathers of AGW the IPCC showing that CO2 has never controlled the temperature on Earth from millions of years ago to the present or that once CO2 has reached its saturation point it loses its effectiveness as a greenhouse respectively still claims that CO2 is the sole cause of the current warming spell.

What I do know is that if some financial foreign power can invade Australia to set a tax limit at their fancy on all Australian households and collect this tax with not one cent going to our government for services and amenities this must be illegal in our constitution.

Which means that all our politicians are nothing more that traitorous sacks of sh!t…..!!!!!

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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery & prison" Regas Feraeos

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #8 - May 1^st, 2017 at 7:16pm CO2 has been shown absorbing IR heading to space. By trapping some of the suns radiation the GHGs warm the globe. Nothing else explains it.
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Ajax Gold Member Offline CO2 has never controlled temperature on Earth Posts: 11070 Australia Gender:	Re: Why bankers love AGW and the market it creates Reply #9 - May 1^st, 2017 at 7:19pm Jovial Monk wrote on May 1^st, 2017 at 7:16pm: CO2 has been shown absorbing IR heading to space. By trapping some of the suns radiation the GHGs warm the globe. Nothing else explains it. You have a lot to learn mate...................
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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #10 - May 1^st, 2017 at 7:23pm Undoubtedly I do. At least I don’t have to unlearn a heap of garbage. I mean—can you imagine the shame and anger when Booby FINALLY wakes up to the crap Dubyne has been feeding him?
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Re: Why bankers love AGW and the market it creates
Reply #11 - May 1^st, 2017 at 7:28pm

Jovial Monk wrote on May 1^st, 2017 at 10:49am:

Banks are risk averse. That is why WestPac is not going to provide finance to the Adani mine. Coal assets are becoming stranded assets. Even Rio sold its NSW coal mines.

That's why no bank is investing in Thorium nuclear reactor research.

Cheap, unlimited, safe energy for everyone.

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #12 - May 1^st, 2017 at 7:30pm Is anyone doing any such research?
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Bobby. Moderator Online Australian Politics Posts: 122129 Melbourne Gender:	Re: Why bankers love AGW and the market it creates Reply #13 - May 1^st, 2017 at 7:33pm Jovial Monk wrote on May 1^st, 2017 at 7:30pm: Is anyone doing any such research? The Indians & the Chinese.
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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #14 - May 1^st, 2017 at 7:36pm I doubt you’d know but how can Australian banks finance that?
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Bobby. Moderator Online Australian Politics Posts: 122129 Melbourne Gender:	Re: Why bankers love AGW and the market it creates Reply #15 - May 1^st, 2017 at 7:45pm Jovial Monk wrote on May 1^st, 2017 at 7:36pm: I doubt you’d know but how can Australian banks finance that? They should set aside loan money for new research & high technology not just pump it into property.
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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #16 - May 1^st, 2017 at 7:47pm Somebody has to start research here first.
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Bobby. Moderator Online Australian Politics Posts: 122129 Melbourne Gender:	Re: Why bankers love AGW and the market it creates Reply #17 - May 1^st, 2017 at 7:54pm Jovial Monk wrote on May 1^st, 2017 at 7:47pm: Somebody has to start research here first. chicken & the egg
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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #18 - May 1^st, 2017 at 8:04pm Not quite: a Uni could assign it as a PhD thesis, theoretical and if promising it could be taken to the next stage, a prototype in software. It is after that (and approval) that a bank can finance a real prototype.
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lee Gold Member Offline Australian Politics Posts: 21541 Gender:	Re: Why bankers love AGW and the market it creates Reply #19 - May 1^st, 2017 at 8:30pm You mean like the CSIRO used to do?
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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #20 - May 1^st, 2017 at 8:41pm CSIRO or a Uni or a collaboration.
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Re: Why bankers love AGW and the market it creates
Reply #21 - May 1^st, 2017 at 8:47pm

Jovial Monk wrote on May 1^st, 2017 at 8:41pm:

CSIRO or a Uni or a collaboration.

It needs vision from the Govt. to get a major project like
a Thorium research reactor going.
We would need to steal scientists from India & China
who are already way ahead of us.

If we could make it work we would rule the world.
We have the Thorium here in huge abundance as tailings already above the ground from old Uranium mines.

If we had that sort of vision it would encourage the banks to
invest ( or maybe even the super funds too.)

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TheFunPolice Gold Member Offline Australian Politics Posts: 9009 waggawagga Gender:	Re: Why bankers love AGW and the market it creates Reply #22 - May 5^th, 2017 at 6:02pm Jovial Monk wrote on May 1^st, 2017 at 7:47pm: Somebody has to start research here first. The Americans don't want us using Nuclear: the discussion is mute!
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lee Gold Member Offline Australian Politics Posts: 21541 Gender:	Re: Why bankers love AGW and the market it creates Reply #23 - May 5^th, 2017 at 6:39pm moot?
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The_Barnacle

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Re: Why bankers love AGW and the market it creates
Reply #24 - May 6^th, 2017 at 1:18pm

Ajax wrote on May 1^st, 2017 at 9:22am:

They stand to make trillions of dollars if they can some how manage to con the world into paying for the air we breathe.

Banks make trillions of dollars in many fields. If they see an opportunity to make money whether it's in property, business or Government policy they will take it. It is irrelevant to the science of Global Warming.

And no one is paying for the air they breathe. That is emotive nonsense

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lee Gold Member Offline Australian Politics Posts: 21541 Gender:	Re: Why bankers love AGW and the market it creates Reply #25 - May 6^th, 2017 at 1:23pm The_Barnacle wrote on May 6^th, 2017 at 1:18pm: And no one is paying for the air they breathe. So you don't breathe in CO2?
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Ajax

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Re: Why bankers love AGW and the market it creates
Reply #26 - May 6^th, 2017 at 1:39pm

The_Barnacle wrote on May 6^th, 2017 at 1:18pm:

Ajax wrote on May 1^st, 2017 at 9:22am:

They stand to make trillions of dollars if they can some how manage to con the world into paying for the air we breathe.

Banks make trillions of dollars in many fields. If they see an opportunity to make money whether it's in property, business or Government policy they will take it. It is irrelevant to the science of Global Warming.

And no one is paying for the air they breathe. That is emotive nonsense

You cant connect the dots barnacle, selling free air on the stock exchange will save us......LOL

We already know from the last 26 odd years of observations that the General circulation models (GCM) of the IPCC were wrong and over estimated the warming by the end of this century.

Warming by the end of this century

IPCC computer models in 1990 projected warming……… +2.78° C / Century

Observations the last 25 years………………………….. +1.01° C / Century

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2. "One hour of freedom is worth more than 40 years of slavery & prison" Regas Feraeos

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Ajax

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Re: Why bankers love AGW and the market it creates
Reply #27 - May 6^th, 2017 at 1:41pm

Quote:

“International carbon markets will cover billions of consumers this decade. Ask the bankers at your table whether they want Australia to clip that ticket. We’re going to help them get their share." Julia Gillard
http://www.pm.gov.au/press-office/speech-business-council-australia-dinner

World Bank

http://www.chinadaily.com.cn/world/2016-04/08/content_24371651.htm

Bank of America

[urlhttp://about.bankofamerica.com/en-us/global-impact/environmental-sustainability.html#fbid=DwZcfXoVYeL[/url]

European Investment Bank

http://www.eib.org/infocentre/press/releases/all/2015/2015-204-european-investme...

Australian Banks

http://www.accr.org.au/big_banks

Five Multilateral development banks pledge $170 billion over next five years
Ahead of the 2015 United Nations Climate Change Conference, or COP21, five multilateral development banks (MDBs) have pledged to increase climate financing to US$170 billion over the next five years.[/b]

http://www.pv-magazine.com/archive/articles/beitrag/5-mdbs-pledge-170-billion-in...

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The_Barnacle Gold Member Offline Australian Politics Posts: 6205 Melbourne Gender:	Re: Why bankers love AGW and the market it creates Reply #28 - May 6^th, 2017 at 1:52pm Quote: World bank unveils $25b aid plan to fight climate change You do realise what an aid plan is don't you? Or did you just blindly cut and paste it because it had a big number in it?
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Ajax

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Re: Why bankers love AGW and the market it creates
Reply #29 - May 6^th, 2017 at 1:55pm

The_Barnacle wrote on May 6^th, 2017 at 1:52pm:

Quote:

World bank unveils $25b aid plan to fight climate change

You do realise what an aid plan is don't you?
Or did you just blindly cut and paste it because it had a big number in it?

Grin

Oh yes yes, bankers are such lovely human beings aren't they spending money that will not yield one cent of profit.

Bankers what would the world be like without them....LOL.. Shocked

http://www.chinadaily.com.cn/world/2016-04/08/content_24371651.htm

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« Last Edit: May 6^th, 2017 at 2:04pm by Ajax »

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TheFunPolice Gold Member Offline Australian Politics Posts: 9009 waggawagga Gender:	Re: Why bankers love AGW and the market it creates Reply #30 - May 7^th, 2017 at 1:41pm Lol, Ajax wants a world without banks
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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: Why bankers love AGW and the market it creates Reply #31 - May 11^th, 2017 at 4:49pm It is all a bit silly and emotive. Here lies the body of Ezra Pound Lost at sea and never found
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