“Net Zero” Stands Zero Chance

Glasgow Climate Folly Were you forwarded this email? [Sign-up to The Daily Reckoning here.]( [Unsubscribe]( [Daily Reckoning] “Net Zero” Stands Zero Chance - The climate conference in Scotland will produce 13,000 tons of carbon dioxide… - Failed prophecies of doom… - “A new hidden tax that will underpin the global economy just like the internet underpins every single tech company and piece of software today”… Recommended Link [Attention! Before You Read Any Further…]( Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this new upgrade to your Strategic Intelligence subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Strategic Intelligence to an entirely new level and I’d hate to see you left behind. [Claim Your Subscription Upgrade Here]( Annapolis, Maryland November 1, 2021 [Brian Maher]Dear Reader, The United States president — and other bow-wow wowsers of his type — presently huddle in Glasgow, Scotland. Their objective: to break a fever. They inform us Earth is down with an alarming one, with worsening sweats in prospect. Thus they fixate their eyes distressingly upon the rising mercury. Increases greater than 1.5 degrees (Celsius) over pre-industrial levels risk breakaway heating, potentially fatal heating. And so the world’s leaders plan to scotch the pathogen producing the sweats. That is of course Earth’s great menace... carbon dioxide. In Glasgow they will chart a path toward net zero emissions "by or around midcentury." Releasing 13,000 Tons of Carbon Dioxide to Halt Carbon Dioxide Emissions So contemptuous, so disdainful they are of the demon molecule... they were willing to choke the atmosphere with it today… deepening Earth’s fever… in the hope of breaking Earth’s fever tomorrow. From all compass points they are winging into Glasgow, Scotland, aboard 400 private jet aircraft. None was hurled through the sky by wind or solar energies. These craft guzzle fossil fuel — and buckets of it. The United Kingdom’s Sunday Mail informs us this aerial armada will spew 13,000 tons of carbon dioxide coming in and going out of Glasgow. These 13,000 tons — the Sunday Mail further informs us — equals more carbon dioxide than 1,600 Scotsmen heave up in one entire year. More CO2 Than Several Normal People Emit in a Year Here is a certain Matthew Finch, of the Transport and Environment campaign group: The average private jet, and we are not talking Air Force One, emits two tons of CO2 for every hour in flight. It can’t be stressed enough how bad private jets are for the environment. It is the worst way to travel… To put it in context, the total carbon footprint of an ordinary citizen — including everywhere they travel and everything they consume — is around eight tonnes a year. So an executive or politician taking one long-haul private flight will burn more CO2 than several normal people do in a year. Meantime, the United States president rolled around within an 85-vehicle convoy on Sunday — each pushed along by internal combustion, each vomiting streams of carbon dioxide vapors. Evidently we must destroy Earth… in order to save Earth. Recommended Link [Rickards cuts loose on cryptos]( [Read more here...]( If you can spare three minutes, you really should check out currency wizard Jim Rickards’ new video. And you should do it before you put any money — or any more money — into cryptos… Or into the new ETFs that track them. Why? Because there are serious reasons to think twice about risking your money on cryptos… Especially when Jim’s developed a new way of trading on REAL currencies that could make you forget all about the fake ones. [See This Urgent Warning Here]( Failed Prophecies of Doom Of course, we do not believe carbon dioxide is destroying Earth. We are merely razzing whom we regard as ridiculous fellows. Our men inform us Earth has endured carbon dioxide levels 25 times or greater than today’s. If Earth is so exquisitely sensitive to carbon dioxide risings… we wonder… why hasn’t it already sizzled into oblivion? The match never struck. Why should it now? The catastrophists of this world have been yelling wolf for years and years and years... In 1989 NASA’s James Hanson hazarded the Hudson River would claim New York’s West Side Highway by 2019. We motored an auto down the West Side Highway within recent months. The roadway was dry as any tinder. It effortlessly held off the Hudson River lapping harmlessly and nonmenacingly to its starboard. At the going rate the West Side Highway will remain high, will remain dry, for the next 539 years — at minimum. Even Worse Than the Federal Reserve In 1988, the United Nations fretted the Maldives would be under the water by 2018. In 2021 the Maldives jut high above the water. They drive a flourishing tourist trade. Mr. Albert Gore soothsaid in 2009 that the polar ice cap may vanish by 2014. Seven years on, the ice still caps Earth’s poles. It shows little sign of liquefying. In 2009 climatologist of climatologists — Prince Charles — shrieked that humanity had but eight years to save Earth. In 2021… four years past the midnight deadline… Earth pegs along yet. Examples as these abound and abound. Only the botched economic crystal-gazings of the Federal Reserve approach them. “Net Zero Emissions” We accept the proposition that mankind’s fuel-burnings have tinkered the planetary temperature. Yet the proposition that carbon dioxide is cooking Earth we find extravagant. It has little excuse in the facts as we find them. This evil molecule evidently lacks the oomph to fan a fever. The world’s leaders nonetheless congregate in Glasgow, Scotland… atop their hobby horses… chasing the grail of net zero emissions "by or around midcentury." The grail will elude them of course. It will prove a juiceless pursuit. The developed nations of Earth have still failed to attain climate objectives made years and years ago. They will fail to realize present pursuits — depend on it. Recommended Link [Urgent Crash Warning for November1st, 2021]( [Read more here...]( Everyone already knows that the stock market is in a bubble… But now some experts are starting to predict that the bubble will burst sooner than anyone expected and hit harder than anyone could have imagined. With some experts saying that we could see a stock market sell-off of 80% or more as soon as next week… This could completely decimate the retirement saving of millions of Americans all at once. So if you care about you and your family’s wealth the time to act is NOW. That’s why we flew in one of the top traders in America to tell you exactly what you need to do to get ready for this impending crash… [See His Presentation Here]( "Half-Measures Rather Than Concrete Actions" Reports France 24: Environmental campaign group Greenpeace slammed the final statement as "weak, lacking both ambition and vision", saying G20 leaders "failed to meet the moment." "If the G20 was a dress rehearsal for COP26, then world leaders fluffed their lines," said executive director Jennifer Morgan. Friederike Roder, senior director at anti-poverty group Global Citizen, told AFP the summit had produced "half-measures rather than concrete actions"... Beijing plans to make its economy carbon neutral before 2060, but has resisted pressure to offer nearer-term goals... The G20 also set no date for phasing out fossil fuel subsidies, saying they will aim to do so "over the medium term." That is, they will come around to it one of these days. And one of these days generally equals none of these days. A New Hidden Climate Tax Yet these high eminentos have imminent plans for you... Fighting a planetary fever is costly business. It demands tax money in overflowing heaps — your tax money included. Money man extraordinaire Marin Katusa is a wizard of natural resource investments. He is also a New York Times bestselling author. From whom: There’s a new hidden tax that will underpin the global economy just like the internet underpins every single tech company and piece of software today. This is not a hypothetical tax or a hidden marketing tactic. There will be no escaping this. It’s already embedded every time you click on Google Flights. Switzerland’s largest online marketplace (their version of Amazon) is already charging this tax. Every single Amazon product will have this tax. It will be a part of the input cost on every item in your grocery store. What “Build Back Better” Means for You More: If you don’t prepare yourself for what’s coming — slow at first, and then at lightspeed — you will find it difficult, if not impossible to adjust. At the rate of adoption this “tax” is going, it’s just a matter of time before nearly every asset will be out of the average person’s price reach. The elites would’ve “Built Back Better.” And you’ll be stuck “owning nothing and being happy.” This Katusa fellow is beginning to raise our hair. And we begin to perspire, much like Earth itself perspires. But what — precisely — is this foreboding and impending “tax”? This hidden tax is actually a brand-new “commodity” that few people have even heard about. Yet it’s a brand-new, secret commodity sector that’s nearly guaranteed to take off. What then is this brand-new commodity? And how can you get greened from this secret commodity sector? Further details tomorrow... Regards, [Brian Maher] Brian Maher Managing Editor, The Daily Reckoning Editor’s note: Pay very close attention to the global race to net zero. The massive government spending taking place to react to climate change will [irreversibly alter the investment landscape.]( And you need to learn how to best position yourself now. The good news is natural resource expert Marin Katusa details how the moves you make today could be a [once-in-a-generation opportunity for wealth creation.]( Big Oil companies are looking to deploy billions now. As are many of America’s largest corporations in every single market. Consider: The “secret” commodity sector that has crushed Bitcoin, gold, the Nasdaq and the S&P by as much as 10X… How not one in 1,000 investors has heard of this sector… or has any idea how to invest. But Marin will reveal the full details — including a first-of-its-kind new way you can get in on it… How early investors could potentially make a fortune over the next decade… if you know how to position yourself (hint: This has nothing to do with solar power, wind power or any “green” investment you’ve ever heard of). [Click here now to learn more about this earthquake set to rock the investing world.]( --------------------------------------------------------------- Thank you for reading The Daily Reckoning! We greatly value your questions and comments. Please send all feedback to [feedback@dailyreckoning.com.](mailto:dr@dailyreckoning.com) [Brian Maher][Brian Maher]( is the Daily Reckoning's Managing Editor. Before signing on to Agora Financial, he was an independent researcher and writer who covered economics, politics and international affairs. His work has appeared in the Asia Times and other news outlets around the world. He holds a Master's degree in Defense & Strategic Studies. Add feedback@dailyreckoning.com to your address book: [Whitelist us]( Additional Articles & Commentary: [Daily Reckoning Website]( Join the conversation! Follow us on social media: [Facebook]( [LinkedIn]( [Twitter]( [RSS Feed]( [YouTube]( The Daily Reckoning is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Paradigm Press delivering daily email issues and advertisements. To end your Daily Reckoning e-mail subscription and associated external offers sent from The Daily Reckoning, feel free to [unsubscribe here.]( Please read our [Privacy Statement](. 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