Octopus in the city image by Эльвина Якубова
23 US state Attorneys General blocked the insurance wing of the global climate police
After the States fired the first “Antitrust” volley across the bows, the largest insurance giants in the world ran for the exits. Within weeks, what was a 30 member alliance became a shell of a dozen minor insurance companies. The NZIA has effectively admitted defeat — announcing that members won’t need to set or report on their carbon targets. Phew.
In 2021 many stars of the insurance world rushed to join the global climate activist cartel — the Net Zero Insurers Alliance (NZIA) — which would have turned their industry into another branch of the global UN and WEF climate police. The plan was to make it hard for unfashionable businesses to get insurance unless they went “Net Zero” and followed the policies the UN and WEF billionaires wanted. Democracy be damned. This effectively would have dragooned the coal miners, airlines, farmers, and publishers — practically everyone who needs insurance, into setting “Net Zero” targets above and beyond their legal requirements. All businesses would have to say the right prayers to the Carbonista Gods if they wanted to get insurance. Lord help any company that spoke against the regime!
If the cabal succeeded they would effectively shift power from elected governments to the people who wrote the NZIA rules. In January the NZIA had 29 members with $8 Trillion dollars US in assets under management. They launched their new “targets” at Davos at the latest World Economic Forum (WEF) meeting with the billionaires on skiing holidays. How convenient? But the Republican state attorneys general started talking about “antitrust violations” and sent NZIA members formal legal letters in mid May — whereupon the insurance companies bolted.
To understand just how pervasive and insidious this scheme was, look at how one carbon software company enthusiastically described it. Insurers had to report on carbon emissions from their entire portfolio, which meant pestering all the companies they insure to get them to cough up the data . Then they could decide whether to drop the “big polluters” (like those legal companies providing the electricity they used), or badger them some more to reduce their emissions.
How can insurers reach net zero?
The first step in an insurer’s journey to reach net zero is to measure the carbon emissions from its own operations, investment portfolio, and underwriting portfolio. The former is the easiest part. To measure emissions from its portfolios, an insurer needs to gather data from the companies in them, including assets held by policyholders – a difficult feat for most insurers to do accurately and regularly. However, with the right data management tools, insurers can start to baseline the companies or entire industries in their value chain and identify the largest sources of emissions. Then it’s up to the insurer to decide whether to drop the biggest polluters from its portfolio or take steps to help them transition to net zero, such as by providing guidance and incentives in its underwriting or claims management to adopt low carbon technologies or processes.
Think of how much the whole free market concept has been destroyed. Instead of serving customers, entire industries are trying to change Earth’s weather. In this case the people meant to be helping others spread the costs of storms, floods and accidents become their Nanny-managers, ordering them to sacrifice cows to Gaia to stop the storms before they start.
The insurance companies would become defacto climate police
The scheme would only work if nearly every insurance company joined it — otherwise clients would just abandon the bossy companies for nicer ones. But all insurers ultimately need money, so they are no doubt badgered themselves by the biggest financial institutions in the world. See how this web of coercive power builds? NZIA may be effectively neutered for now, which is great news, but the Big Bankers and Billionaires are still out there colluding. The UNEP “Finance Initiative” managed the insurers cabal but it also manages the banker one — called the Net Zero Banking Alliance or variously known as GFANZ. The banker collective is the $100 Trillion dollar black hole starting to swallow national economies.
The best US Republican states are fighting back against the Bankers, and they’re pegging them back, but the battle is not over. BlackRock is singing a slightly different tune now to what it was a year ago. ESG has become a dirty word, but the coercion has almost certainly just gone underground. Larry Fink may not want to use the term anymore, but he has turned your pension fund into leftist activist machine, and the underlings at BlackRock are still bragging behind the scenes about how they “run the world” and buy off US Senators. Some states and investors are backing away slowly, but as long as $100 trillion dollars in assets are managed by a few guys who drink champers together at Davos, the free market, and democracy, is on life support.
Post Note: For those who don’t know much about the WEF, start reading here. It’s worse than you think. Some of the richest people in the world are here to help us, whether we like it or not. They are the “select few” touched as our saviours. Climate lockdowns are coming and you will need to ask permission to leave your 15-minute-suburb. They said that.
h/t to NetZeroWatch, BallyB
Very good news.
I have said for a long time now that insurance companies make the most money when people are frightened of things that are not happening.
A minor point. Is not plural of Attorney General , Attorneys General?
Yes. I know. I’m a pedant.
[And correct apparently. Thank you! – Jo]
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Yes,
I couldn’t help but think about how the insurance companies might have benefited from the situation that “Climate Change™” presented.
The “threat” of CAGW was a good excuse for bumping up premiums to cover the extra damage that was coming.
Of course there was no extra threat, but the extra Income was very welcome.
The big insurance issue right now, is that of covering all the trouble attached to the Electric – Battery disasters at power stations, renewables, and motor vehicles which covers cars, bikes, scooters that are not even registered let alone insured.
Somebody will work it out.
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“The “threat” of CAGW was a good excuse for bumping up premiums to cover the extra damage that was coming”
Like forcing people to have flood insurance when there is absolutely no chance that their home can flood.
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Sorry tu jump in this high up, but the more readers who see the following the better…..
In Oz QBE was the only local firm to sign up. They joined in 2020 and only withdrew in late May this year. AXA and Allianz have also withdrawn. There may be more, but the withdrawn ones are harder to find than current members. Anyhow…they should be made to feel some pain, and told why. I canned my car insuirance with QBE and let them know I’d asked all my friends and relatives to do likewise.
Similar deal with Net Zero Banks operating in Oz. ANZ, Commbank, DeutscheBank, HSBC, ING, MacQuarie, NAB., Westpac and any others in Oz must be DEFUNDED and told why. Full list….https://www.unepfi.org/net-zero-banking/members/.
Sorry to interrupt!
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Mantary, some months ago (perhaps a year, time seems to bo going faster the older I get) the Commonwealth Bank wrote to me to tell me the good news that they were going to track my payments and would give a regular report on the carbon emissions that I was naughtily buying, like diesel for my SUV, gas for my heating (I think electrical power was exempt for some reason) and so on. I wrote back and said if they did all my funds in long term and other accounts would vanish the same day and would go elsewhere (not sure if there is an elsewhere). I have heard no more since but the bastards are probably doing it anyway.
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This is good news.
The NZIA was not an alliance, it was likely an illegal cartel.
Note that the NZIA was closely associated with the UN.
https://www.unepfi.org/net-zero-insurance/
How many Australian insurers have left the cartel?
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I’m not surprised that the software companies were so keen to push this system.
Think of the amount of software they would sell to enable the monitoring to be carried out.
The Stazi would have been very jealous.
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Letter and signers here:
https://attorneygeneral.utah.gov/wp-content/uploads/2023/05/2023-05-15-NZIA-Letter.pdf
Of course, I live in the great left coast state of Washington.
This list does give me a list of potential places to move to.
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Strangely, the free state of Florida doesn’t appear to be a signatory.
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Note that there is a variation on the “15 minute city or suburb”. That is the “20 minute neighbourhood”. Make sure to Goolag the following when you do your research. That is what Melbourne, Australia and many other locales are subject to.
Goolag the following without quote marks:
“20 minute neighbourhoods”
Also, Australia had the most severe covid lockups in the world outside of China. We only locked people in hotels and public housing estates*, but didn’t weld the doors shut like the Chicomms did (but police might have shot you if you tried to escape).
Others were on “house arrest” in their own homes.
Those lockups were used to test 15/20 minute city/suburb/neighborhood concepts.
In the dictatorship of Vicdanistan, Australia, for example, they imposed a 10km range limit to do essential activities like buy food. This amounts to around 15 mins at a typical suburban travel speed of 40kph. Thus a test of permanent travel restrictions coming.
* https://www.theguardian.com/australia-news/2021/jul/04/we-thought-we-were-australian-melbourne-tower-lockdown-lives-on-in-legacy-of-trauma
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Do you think Australians will ever get to see the truth regarding governments and bureaucrat’s response and the so called “science” and evidence, that justified such brutal responses? There is no justification. Will these people ever be held to account, and legal proceedings brought? The sham of an enquiry into the Victorian hotel quarantine tragedy was a joke.
It is good news from the US regarding Missouri V Biden. That will end in the supreme court, and I am confident that Biden et al are in deep trouble. The evidence against the administration is overwhelming IMO.
Australia has no first amendment – What is the mechanism? Royal Commission?
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Why would anyone WANT to live in GaffDANistan?
“The place to be” will turn into a total s**thole with the next major event that grants unlimited emergency powers to captain clusterf**k Andrews.
See how a war footing makes Covid look like a holiday.
Get out while you can.
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I was traveling through the education state and stopped for coffee at a little takeaway. We talked about the move to a cashless society as I paid with change. The operator/owner said she maintained several stashes of cash for emergencies. People, or at least some people, are alert to what is coming and preparing. What is worrying are the places that won’t accept cash. Mind you they also miss out on a sale.
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There is a wonderfully succinct Latin phrase that the totalitarians bring to mind:
“Momento Mori”.
Rearranging the deckchairs in the Titanic / redistributing the wealth “upward”? For what? To live in a bigger cloud of ‘smug” whilst standing on the corpses of the “Untermenschen”? And crowing about it in advance? Provocation and humiliation are the primary tools used to bring the peasantry to heel. Interestingly, the ‘cheese-eating, surrender monkeys” in France might just be about to break that mould. Unlike most countries, they have “experience”. Roll out the Tumbrels?
“The Camp of the Saints”, whilst nominally fictional, makes for interesting reading.
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Nice mixing up of languages -eg untermenchen but did you mean Memento Mori -remember death. However Momento mori could mean the moment of death when your life flashes before your eyes. It might have happened when the blade of the guillotine was about to drop.
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I am just an old colonial lad whose Latin is worse than his typing:
Yes, I did mean “Memento Mori”.
I feel like that scene from “The Life of Brian”:
https://www.youtube.com/watch?v=wjOfQfxmTLQ
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Here is a video released about 7hrs ago discussing NZIA.
At around the 8:55 min mark the point is made that requiring companies (in the US) to do certain things under financial threat constitutes antitrust (anti-competition) violations.
https://www.youtube.com/live/lGH3p8HOlhI?feature=share
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The United States, and the ENTIRE WORLD needs Donald Trump now more than ever.
He is the only world leader willing and prepared to stop the madness, although he has already paid a heavy price from last time he tried to do it.
The Elites/Left/Regressives do not like their plans interfered with.
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We need probably at least a dozen Donald Trump types- maybe more.
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Thought for the day:
In a world full of super villians, why are there so few James Bond’s?
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Because “M” is now a super-villain?
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Hasn’t Putin got daughters? We could borrow one or two, and if they’re anything like their Dad all the woke will stop.
Viktor Orban too, and Erdogan in Turkey. Its only the West that votes pansies into power. I suppose it will all stop when Xi’s people vote a Chinese party into power here.
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Trump is still in charge. Under the Law of War Manual, Military Laws and Orders and the relevant Executive Orders he wrote he put in place a Continuation of Government in the event of a take over by a foreign entity. Using Military Laws it can be seen that Biden’s inauguration was really a funeral.
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It was only a matter of time, and it might still be, that you would not be able to insure your SUV, pickup truck, muscle car, boat, private plane, farm tractor, fishing boat, live stock, work truck, motorcycle, home with a gas stove or furnace,….
Why they want to curtail free markets, and why free markets must be perserved and expanded.
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Dave, at least you in the States have (some) people in political power who support free markets and freedom in general. And if things get really nasty, you utlimately have the Second Amendment for when after
In Australia, we have no one in a position of power (government) and in the Federal Parliament there is only a handful of people who support freedom and free markets (from minority parties).
All Australian Governments (federal, six states, two territories plus hundreds of local governments) are fanatical followers of the UN and WEF decrees. The one major “conservative” party we have, the Liberals (with a National Party partner) is now fully dominated by Leftists in all states and even though the “leader” of the Federal party is a supposed conservative, he doesn’t dare speak out against the Left in his own party so is useless.
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Amen to that.
A leader is supposed to have a couple of cojones and know when to use them.
Dutton and the Libs are wimps!
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Ron Desantis needs to step up to the plate and join the other Republican states ASAP. If not why not?
I thought he would be the obvious leader of the freedom loving Americans because of his popularity and very high profile.
I hope he’s not playing some cute, precious game because it will cause a lot of concern amongst his fellow Republican Governors.
I hope I’m wrong but this sure doesn’t seem to be the same man that told the leftie loonies that Florida “is the state where WOKE comes to die”.
Anyway the Republicans everywhere should endorse the other strong states and press home their advantage and never back down.
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De Santis suffers from the problem of funding that a lot of politicians have – particularly in the US. That’s why Donald Trump was special, he had no ties to any major business or ideological funding. HIs biggest handicap is in fact the GOP themselves. If you looked at RD’s funding he may have a lot of donors in the finance world.
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Neville
Try this around De Santis
“The Club Battle – Donald J Trump is Not the Cause of Republican Failure, He is the Result of Their Failure
July 7, 2023 | Sundance | 13 Comments”
https://theconservativetreehouse.com/blog/2023/07/07/the-club-battle-donald-j-trump-is-not-the-cause-of-republican-failure-he-is-the-result-of-their-failure/
And past threads that fit him into the RNC game
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Excellent article. Highly recommended.
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The Uni-party doesn’t care what the president’s name is or if there is a D or R behind his/her name as long as they do their bidding and that name is not Trump.
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Somewhat O/T – another one!
“Dutch Government Falls”
“Mark Rutte, the Dutch prime minister, has announced his resignation and that of his cabinet, citing irreconcilable differences within his four-party coalition about how to rein in migration.”
http://www.smalldeadanimals.com/2023/07/07/dutch-government-falls/
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When almost the entire population of Africa and the Arab Middle East want to move to your country and you already can’t adequately provide for your own people, I would have thought the answer was quite simple. Stop it.
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The immigration problem there is insane.
Population 17m, now taking in over 600k ‘official’ immigrants, and more like 1m per year including illegals.
We recently listening to a podcast from dutch who were talking about it and its a huge disaster that has gone unnoticed in the west.
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Meanwhile, also in France:
https://www.zerohedge.com/geopolitical/french-cops-can-now-secretly-activate-phone-cameras-microphones-and-gps-spy-citizens
Of course, such things could NEVER happen here……
When France implodes, it will be a multi-factional “free-for-all”.
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Well, at least those 15 minute suburbs will sound the death knell for every one of those huge shopping malls, eh! And Bunnings, and The Good Guys, and Harvey Norman, and, and, and …..
And if you think that will be allowed to happen, there’s this bridge …..
Oh, and all those many thousands who live out in the burbs, and work in the City, well, that all ends eh!, and that will free up Government spending on Motorways, freeways, toll ways etc.
Oh, and no more trips to the Specialist. And you just get to die when the hospital is outside your 15 minutes.
15 minute suburbs, and here’s the (long long) list of exemptions.
Tony.
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There is a shopping center in every suburb, 15 mins apart.
The chook is building satellite hospitals in 7 suburbs in the Brisbane area.
Yep, already be trialed, work from home unless you are working for the system, let’s call it essential services.
Its old people mostly that go to specialists and mainly the ones that rattle when they walk, from a life time of organ damaging Pharmaceuticals, also been trialed, and those people don’t matter.
The good guys is owned by JB Hifi who’s major shareholder is iShares, a Blackrock fund and Vanguard.
Bunnings is Wesfarmers, major shareholder Vanguard then iShares.
These people don’t care about closing down branches, (Banks for example) you have no choice, you will be buying there product no matter whom you shop at. (go to another one of their banks)
This is the point being made continuously, we are being led down the garden path and most people are skipping.
You’re a logical man, you may want to stop skipping and start looking.
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Those satellite hospitals in the Brisbane area will have only those specialists
living in the 15 minute radius so treatment will be what’s to hand…
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Tony
Remember when “The Specialist” was a bloke with a creative business constructing “long drop” outhouses?
Could become a cottage industry again
https://www.amazon.co.uk/Specialist-Charles-Sale/dp/0285632264
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It seems like where finance goes, insurance follows. At one moment Scott Morrison was bringing a lump of coal into parliament and its seemed the next he was waving a pamphlet that was titled ” Australia’a quickest route to Net Zero”. Then he and Frydenberg (Federal treasure) were explaining that future major financing was dependent on aligning with Net Zero and ESG guidelines. They and the whole financial public service just capitulated. There was no debate, no discussion whatsoever. I know Australia is a little fish in a very big pond but couldn’t we have at least provided some pushback? Was it all just window dressing, because during the Glasgow meet Morrison didn’t necessarily sign up to all agreements? Its good to see these US states providing at least a little resistance
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You don’t have to sign up, you just have to do. Then you have the ole “I didn’t sign up to anything” plea, hey Slomo.
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We are many and they are few . IF we stop fighting each other it’s over and we win . Ask yourself , what lie would you die for ?
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They are many and all wide awake, same goal. You can’t count the absentee’s in this game.
Reply to Old Goat
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Beware Plan “B”, already well entrenched, involving superannuation funds – particularly those “industry funds” which have been firmly infiltrated by your very own “union” organisations that have only your best interests in mind 24×7.
Industry funds including
Australian Super, #1 2,876,270 member accounts, value $271.75b
Australian Retirement Trust, #2 2,216,337 member accounts, value $247.36b
REST, #3 1,923,357 member accounts, value $67.24b.
(Most industry funds all now also open to anyone however their union influence is entrenched)
And how does #3, “baby bear”, see their future growth direction?
“Ethical super at Rest means the Sustainable Growth option doesn’t invest in shares of companies that may be harmful, like fossil fuel producers, and we do invest in companies that make a positive contribution to the environment and society, like companies that generate renewable energy.”
As of March 2021, there were 34 Australian industry super funds on the Australian superannuation market. Between them, those 34 funds have more than 11 million members – out of 24.4 million accounts total in the super industry.
Think you are controlled while you work, just wait till you retire. Did anyone say “assisted dying?. Shudup and take my money………… oh you already have”.
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Businesses make a show of embracing climate change because they think there’s some kind of angle they can work that will benefit the bottom line. They’re not really serious, so any major pushback corrects their thinking.
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Interesting plural of attorney general
https://www.merriam-webster.com/video/is-it-attorney-generals-or-attorneys-general
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Thanks for that! OK. Fixed. Interesting video. I stand corrected.
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Had an email from my super fund in NZ (ASB) advising their relationship with Blackrock and of course not investing in certain industries. As if that was a good thing? The only positive is that it’s enabled me to make a decision. I’ll be withdrawing my super and investing in my property, which is allowed in NZ. Closing that super fund account.
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