Here is something I wrote in response to an optimistic young person who still believes that the global warming agenda is driven by "good people".

You really don’t get it do you.

The Iraq war, the execution of Gaddafi, the war in the Ukraine, the reduction of US petroleum production, are all about maintaining the Western European financial empire. It’s all tied to the Bretton Woods agreement and subsequently the Petrodollar. The dollar as the world trade currency was a way of paying off the US for providing a security umbrella. If the US and Europe were to become energy independent the petrodollar system would collapse.

Gaddafi and Iraq had challenged the petrodollar and looked at what happened to them. Today it’s a new more powerful coalition.

“Talk of de-dollarization is in the air. Last month, in New Delhi, Alexander Babakov, deputy chairman of Russia’s State Duma, said that Russia is now spearheading the development of a new currency. It is to be used for cross-border trade by the BRICS nations: Brazil, Russia, India, China, and South Africa. Weeks later, in Beijing, Brazil’s president, Luiz Inàcio Lula da Silva, chimed in. “Every night,” he said, he asks himself “why all countries have to base their trade on the dollar.””

A BRICS Currency Could Shake the Dollar’s Dominance

A BRICS currency would not be in the interest of the US or Western Europe. It turns out that China really isn’t a problem because it is heavily invested in the West and trades with the West. The real problem is Putin. In any case the Oil companies in the West are more pawns than drivers in the Western financial empire.

The US could be energy independent because of its reserves of oil and gas but that is not the case for Western Europe. On the other hand the demise of the petrodollar would not be as bad for Western Europe as the US. What is really keeping the petrodollar alive is Saudi Arabia. That means the US has to be committed to importing large amounts of oil form Saudi Arabia or at least not competing with them. The real more or less hidden agenda is that the EU or Western Europe has always resented the Bretton Woods agreement.

The US more or less blackmailed Western Europe into the Bretton Woods agreement. They undermined it by buying gold forcing the US to drop the Gold Standard and switch to the Petrodollar under Nixon. What the EU represents is a financial empire that while outwardly seems to cooperate with the US is in many ways a competitor. An empire needs a military arm and the EU is pushing for one. Once that is established they will have little use for the US. What keeps things in balance is they can’t actually afford one and keep their economies healthy. They certainly don’t want BRICS to replace the dollar. The bottom line is that renewables are much more practical for Western Europe than the US. Only France, which has invested heavily in Nuclear, has come anywhere near making “clean” energy practical.

This complex chain of events and agreements explain why the organizations such as the WEF and the International Monetary Fund have supported exporting Pollution and slave labor to China. What made it possible was the not in my backyard mentality of the average citizen in Western Europe and the US. If the main motivation for renewables had been to fight global warming they never would have happened. Every company that has signed on to ESG has massively profited by transferring pollution and slave labor to China. The general population is ignorant of how little difference renewables will possibly make but global warming is scary and it supports the political agenda and keeps the people looking at the shiny object and ignorant of the fact that the pollution has just been transferred out of sight.

As the industrial capacity of the West continues to shrink it will of course make everyone in the West poorer accept the rich. It has already destroyed labor. Next will be the low level office workers and professionals as they are replaced by AI. The proof of the process is not just in phenomena such as the rust belt but the deterioration of all forms of infrastructure and homelessness. How the rich get rich at the expense of everyone else can be seen in investment banking and the breaking up of companies. The people that produce nothing or next to nothing have become the richest people in the West. Some such as those in Silicon Valley think they are immune from the pending disaster but intellectual property is worthless without the police power to enforce it. That police power comes from the US military and the petrodollar. It turns out the petite nobility are not very good at macro economics. The information age replacing the industrial age is mostly a delusion of the greedy as are renewables.

Occasionally I run into a liberal who gets it and they are the off grid types. The people that think a simpler, more impoverished life wouldn't be that bad. They are reworked versions of the hippie who reads Mother Earth News. You won't find them living in cities or suburbs or working for a corporation. For most people if the current policies continue it is going to be very very bad.