From inception, #NetZero was devised as the language to garner uptake/demand from citizenry while simultaneously building a framework to propel #CarbonMarkets, #CCS technology, #NETs, & #nuclear.
Oct 2018: #XR launched w/ 3 demands effectively framing the crisis. #2: "... Government must enact legally binding policy measures to reduce carbon emissions to #netzero by 2025..."
Within weeks XR/Climate Mobilization had XR chapters across globe:
Jump forward to March 2021. Corporate solutions - yrs/decades in the making, are being rolled out. Whole corporate power is actually consolidating, this is framed as concession to #climatestrikes, #protests, #inequality, & societal ills created by capitalism.
March 9, 2021: "Oil Giant Bets Big On Expected $2 Trillion #CarbonCapture Market"
"The transition to a low-carbon economy envisions reducing the amount of #fossilfuel use, not eliminating it. Global demand for oil & gas will continue for decades..."
Jan 2021: "Hundreds of billions' needs to move to firms combating carbon emissions... a voluntary #carbonmarket to enable corporations to reach #NetZero emissions... this will need to scale at least 15 times, & potentially 160 times, its current level."
Feb 25 2021: "An expected dash by big corporations for #offsets to meet their climate targets has prompted financial exchanges to launch #carbon#futures contracts to capitalise on what could be a multi-billion dollar market."
"...their market is expected to grow to as much as $50 billion by 2030. Among the major corporations that say they expect to use them to compensate for any #emissions they cannot cut from their operations & products are #Unilever, EasyJet, Royal Dutch #Shell & #BP."
"The Institute for International Finance's Taskforce on Scaling Voluntary Carbon Markets, launched by U.N.’s Special Envoy for Climate Action Mark Carney" aspires to "create a multi-billion dollar offset market in the coming months."
"With a new US admin., & [] the vaccination rollout under way, now is a good time for the major economies of the west (& ideally the world) to sit down & devise a new international #monetary order."
"As part of that there should be widespread #debt cancellation, especially the gov't debt held by #central#banks. We estimate that amounts to approximately $25tn of gov't debt in the major regions of the global economy."
"Whether debt cancellation extends beyond that should be central to the negotiations between policymakers as to the construct of the #new#system ...The implications for bond yields, post-debt cancellation, need to be fully thought through and debated."
"Those being vaccinated now are, whether they realize it or not - part of the phase 3 experiment. They're part of a #vaccination#experiment. And the companies have openly acknowledged this in their reports to the regulatory agencies." - Dr Byram Bridle
#Covid19 Symposium 2021: Dr Byram Bridle, Viral Immunologist, University of #Guelph
Note that Bridle is a strong proponent of vaccines. ["As a viral #immunologist who develops immunization strategies to prevent infectious diseases and treat cancers, I teach the value of high-quality, well-validated vaccines & passionately promote their use."]
Jan 25 2021: Klaus Schwab on Feb 2020 BC/AC [before/after #covid] moment:
"Major change happened when the US #BusinessRoundtable, which represents major companies in the US, actually issued a statement embracing the stakeholder concept."
Schwab: "The crisis has shown us we need a mindset change & we need also to move from a society where business & governments have very separate tasks, to a society whereas the two #together w/ #civilsociety work hand in hand."
Schwab: "We still measure only how a company uses the #financialcapital. Whether it's really efficient in terms of
allocation of financial capital. But we should measure how a company, in which way a co., uses #naturalcapital [] so that's the essence of #stakeholdercapitalism."
"With Centres in 13 countries the Centre for the Fourth Industrial Revolution Network works w/ governments, leading companies, civil society, innovators & experts from around the world to pilot new approaches to technology adoption & governance."
"Projects will be scaled across #India & globally. As part of the WEF's global network, the Centre for the Fourth Industrial Revolution India will work closely with project teams" across the globe.