12 State AG Secretaries Warn Large Banks About UN Net Zero Participation

A sleeper story that deserves attention. Much of Europe is being rocked by demonstrations of farmers protesting. Yesterday the French farmers began an assault on Paris, threatening to block all road leading into Paris. Belgium too joined the protests.

The undisclosed intent of governments is to ultimately control our food supply and put the farmer out of business. The farmer is paying the price.

The European Union is pushing hard. Last year Bunk posted:

European Union Fires the shot to start WWIII in the Netherlands

The Netherlands are about to lose many of their farms by confiscation. At least an attempt at that is in the process. How did the Netherlands get here? “Essentially, the EU has now achieved what Kaiser Wilhelm and Adolf Hitler failed to achieve between 1914 – 1945”.

The Netherland is the number two exporter of food, second only to the U.S. While we keep hearing about Ukraine as the breadbasket, it is the Dutch who lead.

Here in the U.S. a more sinister approach is in the making to control our food supply. Not limited to controlling farms. The fossil fuel industry; iron, steel and cement manufacturing; and real estate. This under the guise of the U.N. It will be the banks who will be the Headless Horseman.

Back in 2011 I posted this and I doubt it has gotten any less in 2024:

10 Banks Own 77 Percent Of All U.S. Banking Assets

A sage opinion then:

They are predators.

In fact, a very revealing article in Rolling Stone described Goldman Sachs this way….

The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.

Unfortunately, they may have actually been understating things a bit.

These megabanks have rigged the game so that the wealth of the nation is slowly transferred from us to themselves and to the international financial interests that control them.

They can make money if the markets are going up, and they can make money if the markets are going down.

We pick up the story at Zero Hedge

“It Must Be Stopped”: 12 Agriculture Officials Warn Largest U.S. Banks About Net Zero Agenda

A dozen Republican state agriculture commissioners have penned a letter to six U.S. megabanks, informing them that their push for ESG investing could wind up leading to price increases and may impact food availability.

The letter was sent to executives at Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo and took exception with the group’s membership in the UN organized Net-Zero Banking Alliance (NZBA), according to Fox News.

According to the United Nations, which organized the formation of the NZBA, the alliance is a global group of financial institutions “committed to financing ambitious climate action” to transition the economy to net-zero greenhouse gas emissions by 2050. The NZBA’s framework encourages its member banks to additionally “design, set, and achieve” science-based net zero targets for 2030 or sooner.

The alliance issued a progress report during last month’s U.N. climate summit in Dubai, highlighting how two-thirds of its growing membership pool had made aggressive green energy commitments. The report further noted that member banks are increasingly targeting the power sector; fossil fuel industry; iron, steel and cement manufacturing; and real estate.

The NZBA is “committed to financing ambitious climate action” and is attempting to force the economy to net zero greenhouse emissions by 2050. The letter notes that this could result in “severe consequences” for farmers.

…

They said the goal of net zero emissions could “permanently damage American agriculture and endanger our country’s food security” and said that “American farmers should not be forced to put our food supply at risk.”

Georgia Agriculture Commissioner Tyler Harper commented to Fox: “American agriculture is sending a clear signal: we will not bend the knee to the failed, left-wing climate agenda of the United Nations that seeks to cripple one of our country’s most critical industries.”

“Now more than ever, banks that do business with America should be unquestionably supporting American industries — and that starts with the one that puts food on our tables, clothes on our backs, and shelter over our heads.”

Harper continued: “The UN’s Net-Zero Banking Alliance would be the equivalent of a run on the bank for our nation’s agriculture industry and pose a serious threat to our national security — and it must be stopped.”

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