The End Of The Petrodollar Is The End Of America’s Global Dominance
Every nation has had to convert its currency to the U.S. dollar, making it the de facto global currency. Thanks to Joe Biden, it’s all gone.Every nation has had to convert its currency to the U.S. dollar, making it the de facto global currency. Thanks to Joe Biden, it’s all gone.Amid high gas prices, woke lawmakers press the Federal Reserve to require 'financial institutions to stop fossil fuel financing'
Even as Americans endure the financial burden of high gas prices, a group of Democratic lawmakers is pushing climate alarmism by pressing the Fed to require financial institutions to cease fossil fuel financing.
"To protect the stability of the U.S. financial system, the Federal Reserve must thoroughly understand and address climate risks and ensure that the financial institutions it oversees do the same, including by requiring them to reduce fossil fuel-financed emissions in line with science-based climate targets," the legislators declared in their letter to Federal Reserve System board of governors chair Jerome Powell.
"Although banks are already claiming to support reducing financed emissions, even achieving net-zero emissions by 2050, they continue to finance the fossil fuel industry to the tune of hundreds of billions of dollars annually," the letter states.
"The climate crisis is already placing a heavy financial burden on Americans and the U.S. economy. The Federal Reserve must take the necessary steps to protect the stability of the financial system by fully understanding climate risks and requiring financial institutions to stop fossil fuel financing," the letter declares.
The Democrats who signed the letter include Sens. Ed Markey of Massachusetts, Martin Heinrich of New Mexico, Bernie Sanders of Vermont, Elizabeth Warren of Massachusetts, Brian Schatz of Hawaii, and Jeff Merkley of Oregon, as well as Reps. Ayanna Pressley of Massachusetts, Rashida Tlaib of Michigan, Alexandria Ocasio-Cortez of New York, Barbara Lee of California, and André Carson of Indiana.
"Climate change is real and climate risk is here. That's why @SenMarkey & I are leading a call for the @FederalReserve to address the financial risks of climate change and require financial institutions to stop fossil fuel financing," Pressley tweeted.
The AAA national average price for a gallon of regular gas was $3.881 as of September 18.
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Raphael Warnock’s Phony Church Wants To End U.S. Fossil Fuel Production And Sic Climate Colonists On Africa
Georgia Sen. Raphael Warnock belongs to a coalition that has openly called for the U.S. to “end all financing of fossil fuel production,” newly unearthed documents from last year show. Warnock — who is gearing up for a runoff election against Republican challenger Herschel Walker on Dec. 6 — is pastor to the Atlanta-based Ebenezer […]
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The truth about fossil fuels & why the oil industry has 'to keep quiet,' according to a geology expert
Is America running out of oil? Dr. Tim Clarey, director of research at the Institute for Creation Research, gives Pat Gray his theory, while Gray gives his.
“It’s a renewable goo that comes from the earth,” Gray says, while Clarey disagrees.
“In some ways, it is still forming. So, in that way, it’s renewable. But there is a limited amount, of course, to anything,” Clarey explains, adding that though the oil fields “produce more than they should,” they “can only fill the reservoirs very, very slowly.”
“So, if you deplete an oil field, it may take several hundred years for that to fill back up,” he adds.
While the safety of the environment has come into question when drilling for oil, Clarey says the oil companies are not actually to be blamed for leaks.
“They blame the oil companies for leaks, but it’s really natural oil coming out of the ground,” adding that another common belief is that oil is “millions and millions of years old.”
“It’d be gone, it would be decomposed, although the conventional geologists try to argue that oil can get somehow magically pasteurized,” Clarey says.
“When I worked for Chevron, they told me that [oil] was 150 million years old in Wyoming, just sitting there waiting for us to tap into. And when you think about it, that makes no sense at all,” he continues.
Clarey explains that if you were to leave oil in your shed out back for 20 years, it would eventually degrade.
However, modern geologists aren’t taught to think about this.
“The problem is geologists aren’t taught to think that through,” Clarey says. “They throw the numbers out there like they mean something.”
Gray is shocked that no one in the oil industry is speaking out about this.
“They have to keep quiet,” Clarey confirms.
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