WEF Took $100 Billion in Profits from ‘Carbon Taxes’ Last Year

WEF Took $100 Billion in Profits from ‘Carbon Taxes’ Last Year

The World Economic Forum (WEF) is gloating that the unelected globalist organization raked in a whopping $100 billion in profits from “carbon taxes” last year alone.

The WEF has ordered the governments of “sovereign” nations to pay huge subsidies in taxpayer money to fund globalists’ alleged efforts to “save the planet” from “climate change.”

The money is funneled to the WEF from taxpayer funds of several countries.

The WEF has announced that $104 billion was siphoned out of the pockets of taxpayers globally via carbon taxes last year to pay for “decarbonization” schemes.

However, the so-called “decarbonization” schemes of the WEF only seek to advance the globalists’ anti-human agenda.

In an article, the WEF brags that this is a new record and that carbon taxes and emissions trading systems now account for 24% of the world’s emissions, up from 7% in 2013.

“Carbon pricing can be one of the most powerful tools to help countries reduce emissions,” said World Bank managing director Axel van Trotsenburg.

“That’s why it is good to see these instruments expand to new sectors, become more adaptable and complement other measures.”

However, according to the report, it’s not enough.

Less than 1% of global emissions are being subject to a direct carbon price at the target rates, meaning there’s still plenty of room for more taxes.

No evidence that carbon taxes work

Of course, there’s no evidence carbon taxes change the weather or affect emissions.

If there was, countries such as Canada, a world-renowned champion of it, would be able to provide evidence of this.

As Newfoundland’s Premier, Andrew Furey, pointed out, the carbon-taxed fisherman still needs to fill up his tank and drive his truck to go do his job.

Now, he’s just paying more.

But after years of increasingly severe carbon taxes, protests against them, and heightened pressure to prove that a tax on driving has changed the weather, Liberal politicians in Canada haven’t been able to give any figures that show that emissions have fallen as a result of the carbon tax.

In fact, there’s probably evidence to the contrary, i.e., that not only has the carbon tax not changed the weather, it’s made life significantly worse for Canadians for no good reason—as is likely the case everywhere else there’s a carbon tax.

Indeed, Prime Minister Justin Trudeau, a WEF “Young Global Leader,” recently put a gag order on data from the PBO on the impact of carbon pricing.

During a finance committee earlier this week, Parliamentary Budget Officer Yves Giroux told MPs:

“The government has economic analysis on the impact of the carbon tax itself and the [output-based pricing system] (OBPS).

“We’ve seen that, staff in my office, but we’ve been told explicitly not to disclose and reference it.”

When asked if the Trudeau government has “put a gag on you saying you can’t talk about it,” Giroux responded, “That is my understanding.”