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The Nobility of Giving (Using Other People’s Money)

November 4, 2021 by Barry J. Klazura No Comments

Mark Carney has worked hard to get the major banks of the world to support the Green Movement. A former head of central banks in Canada and the U.K. has been knocking on bankers’ doors, trying to raise some of the trillions needed to cut carbon emissions and transform the way we produce and use energy. He is not asking bankers to pledge their personal wealth to his cause, but to pledge the assets of their banks.

His pitch to the financial community is aimed at getting them to part with some of the estimated one-hundred fifty trillion dollars ($150,000,000,000,000) over the next thirty years as the entire global power infrastructure must be revamped. To achieve this, he follows the fourteen-page protocol created by the U.N. which outlines how companies are to be rewarded or punished through lending, regulations, etc. if they adhere to or resist the dictates of the protocol.  There has been resistance from the banks as concerns over law suits due to failure to fulfill pledges or meeting targets.

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Barry J. Klazura

Barry Klazura sipping grappa

With a Masters Degree in Guerrilla Warfare and Totalitarianism, Mr. Klazura was well prepped for a career in Sales and General Management, consulting on corporate startups and turnarounds as well as lecturing on history and politics.  For the past twenty years he has focused on being a financial advisor and consulting.

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