the bongino report

Davos Elites Told Biden’s So-Called “Inflation Reduction Act” Is the New Paris Climate Deal

The recent Inflation Reduction Act might do little to fight soaring prices, but it’s the biggest climate change-Fighting pact following the 2015 Paris Accord that Donald Trump withdrew the United States from, the head of a transnational oil policy group said to participants at the globalist meetup Davos, Switzerland, on Tuesday.

Fatih Birol, executive director of the International Energy Agency (IEA), said during a panel on energy security that the Inflation Reduction Act, which passed with zero Republican backing and was signed into law by President Joe Biden in 2022, is in fact the most important climate agreement since the Paris Accord, because it would drive massive investment into cleaner energy.

Birol stated that energy security is now the largest driver of climate-related investments. His remarks were made on the second day. World Economic Forum Summit of the World Economic Forum in Davos. It has declared 2023 as the Year. “Year of the Polycrisis” He is working hard to get members to support a progressive climate, social-justice agenda, and is actively seeking to rededicate them.

Fatih Birol is the executive director of International Energy Agency. He was in Singapore on October 25, 2022. (Isabel Kua/Reuters)

Trump declared that the United States would be withdrawing from the Paris Agreement in June 2017. He cited the economic costs of the agreement and the negative effects it would have on American workers.

Trump also claimed that the agreement was unfair to America because it would put a greater burden upon the country to reduce its emissions, while allowing other countries to continue to pollute at higher levels. Trump also argued that the climate pact would undermine the U.S. economy, cost  jobs, and put the country at a permanent disadvantage to the other countries.

Biden became president on Jan. 20, 2021. signed an instrument to allow the United States to rejoin the Paris Agreement.

“You have seen and will continue to see us weaving climate change into our most important bilateral and multilateral conversations at all levels. In these conversations, we’re asking other leaders: how can we do more together?” Antony Blinken, U.S. secretary of state, made the statement February 19, 2021. This was the day that the United States became officially a member of the Paris Agreement.

Joe Biden
On January 12, 2023, President Joe Biden was seen at the Eisenhower Executive Office Building near the White House in Washington. (Andrew Caballero-Reynolds/AFP via Getty Images)

‘Year of the Polycrisis’

Klaus Schwab is chairman of the WEF. kicked off The 53rd annual meeting was held Monday in Davos and included activists, corporate executives, political leaders, and corporate executives. “unprecedented multiple crises” Encourage globalist unity in face of de-globalization trends.

“The theme of our meeting in Davos is cooperation in a fragmented world,” Klaus stated in the opening remarks, “Kathleen declared that…” “economic, environmental, social, and geopolitical crises are converging and conflating, creating an extremely versatile and uncertain future.”

The WEF identified five top short-term risks that are the most dangerous. “cost-of-living crisis, natural disasters and extreme weather, geo-economic confrontation, failure to mitigate climate change, and erosion of social cohesion and societal polarization.”

In a report, the global forum stated that they are looking further ahead. “the top four most severe risks over the next 10 years are all environmental.”

Epoch Times Photo
Klaus Schwab, founder of the World Economic Forum, delivers a speech at the “Crystal Award” ceremony at the World Economic Forum’s annual meeting in Davos (Switzerland) on January 16, 2023. (FABRICE CAOFFRINI/AFP via Getty Images).

‘Money, Money, Money’

The so-called “climate emergency” Davos is known for its major theme, which includes sessions on adaptation to climate change as well as panels on biodiversity and the future environmental protection.

Biden’s climate envoy, former senator John Kerry, said on Tuesday that time is running out for the world to tackle climate change to avoid the worst impacts and that what’s needed to deliver a low-carbon economy is “money, money, money.”

Al Gore, former vice president and a prominent figure in climate-fighting circles will give a speech about his efforts to decarbonize the economy and build clean energy infrastructure during the four-day talkfest.

Criticisms of the elite gathering in Davos, Switzerland’s alpine resort, have repeatedly criticized it. They claim that attendees are out of touch with common concerns and push a globalist, progressive agenda. “Great Reset.”

Epoch Times Photo
John Kerry, U.S. climate envoy, speaks onstage during 2021 Concordia Annual Summit at Sheraton New York City in New York City on Sept. 20, 2021. (Riccardo Sanvi/Getty Images Concordia Summit)

‘You’ll Own Nothing and Be Happy’

For its 2016 campaign, the WEF was criticized a lot. stated: “Welcome to 2030. I own nothing, have no privacy, and life has never been better.”

Many critics objected to the organization’s attempt to frame a lack of personal ownership and privacy as something positive, with the ad generating a tidal wave of memes, many centering on the slogan: “You’ll own nothing and you’ll be happy.”

Initially accompanied with a promotional video Several articles, much of the campaign’s content has since been removed from the internet.

The WEF tweeted that the idea was still alive, and that it is being considered for a future project. video featuring You can still view eight predictions for 2030 online. “You’ll own nothing. And you’ll be happy.”

Twitter CEO Elon Musk used the platform to make a series quips at the WEF over the weekend. He was responding to an article that refers to the WEF. “you’ll own nothing” controversy.

“I guess there’s value to having a mixed government and commercial forum of some kind. WEF does kinda give me the willies, though, but I’m sure everything is fine …” Musk wrote this Sunday post on TwitterResponse to a Substack article Co-written by Michael Shellenberger, an independent journalist, and Izabella Caminska.

Shellenberger and Kaminska criticized Adrian Monck (wef managing director), who was blamed for the uproar surrounding the conference. “you’ll own nothing ” Ad on right-wing reactionaries posting online.

Monck wrote an opinion piece The Globe and Mail, a Canadian newspaper, referred to the backlash as “The Backlash” in August. “misinformation campaign that targeted the World Economic Forum.”

“The story of ‘you’ll own nothing and be happy’ is anything but trivial and offers valuable insights into how misinformation is created and why it’s essential not to perpetuate its spread,” Monck claimed many criticisms were anti-Semitic and racist.

Shellenberger and Kamiska refuted Monck’s claims: “What Monck claimed was inaccurate. The phrase ‘Own nothing, be happy,’ hadn’t originated on 4chan; it originated on WEF’s website,” They wrote.

Musk, however, continued to make fun of the organization.

“There should be a game show: “4Chan or Davos, who said it?” Musk wrote in another post on Twitter, Monck refers to the 4chan messageboard, which he highlighted in his article.

This report was co-authored by Kevin Stocklin (Reuters)

Tom Ozimek

The Epoch Times’ senior reporter, Tom Ozimek, is Tom Ozimek. His background includes journalism, marketing, communications, and adult education.


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