Climate Policy Craze Still Being Built Into Financial Institutions

The climate change craziness has been invading America's various institutions for decades now. All based in a deluded idea that the world's climate is changing due to humans. When in reality, the earth's climate changes naturally, as it has for thousands of years before us. Storms as strong as today existed in the 1800s. Emissions are not causing wildfires. All of this has been proven. Nevertheless, the same of idea gets pushed, relentlessly.

The doom and gloom have not just wormed its way into non-important things though; it has woven itself into the fabric of American financial institutions. Banking, housing, loans, cars, you name it, climate change has something stitched into the fine print. That impacts people's credit potentially, in turn hurting their ability to get homes, build more credit, you get the idea. All thanks to wonderful, morally upstanding asset firms, who are definitely not driven by power or greed. Firms who totally, absolutely have the best interests of Americans at heart.

Marc Morano of the Climate Depot says these institutions decided to weave the climate change agenda into banking after President Obama's climate bill went down spectacularly in Congress.

"The industry stepped in, particularly equity asset, it was Larry Fink, Blackrock, other firms...who stepped forward and basically said we are going to force behaviors," he says.

Once that happened, everything had to have an Environment Social Governance (ESG) score, and everyone had to start considering an agenda about which they did not remotely care or want. Because rich people in suits said it so.

Thus, the dominos began to fall.

"This started affecting housing, you had to essentially have net-zero housing...and the key is no one voted for this...but they did not count on one thing, that is President Trump," says Morano. "So, on the international and federal level, this is faltering at the moment."

As usual, it has fallen to President Trump to try and fix another decades old problem in the country. Which he is doing to a point.

"Trump withdrawing from the UN bodies is forcing a lot of big banks to get out of the net-zero banking alliance, he ESG bubble is bursting," Morano says.

He adds though while it is on the decline, this is still a threat. The system is surviving still in blue states.