Fuel's Out: COP28 Ends with Fossil Fuel Phase-Out Agreement

The United Nations COP28 meeting in Dubai recently concluded, reaching an agreement to end dependence on fossil fuels and make significant emissions cuts. The agreement, which was met with resistance from OPEC, also calls for a tripling of renewable energy capacity by 2030 and an acceleration of efforts to end coal use. The meeting included a global stocktake to assess progress in meeting the goals of the Paris Climate Change Agreement and the UN Sustainable Development Goals. Looking ahead, globalist gatherings such as the World Economic Forum’s annual meeting in Davos, the Summit of the Future, and the adoption of the WHO Pandemic Agreement in 2024 are seen as opportunities to further globalist agendas.

In the realm of healthcare, the pharmaceutical industry’s manipulation tactics in promoting antidepressant drugs have come under scrutiny. The marketing strategies of companies, particularly those promoting Prozac, have been criticized for expanding the definition of depression and implementing mass screening programs. The overprescription of antidepressants in primary care has been called into question, with a call for a more nuanced understanding of depression and exploration of non-pharmaceutical treatment options.

Meanwhile, a critique of the elite theory, which suggests that a small ruling minority always holds power and controls resources, has been put forth. The author argues that the current system, where oligarchs control resources and manipulate political processes, restricts human development and contributes nothing to society. The author calls for a society where individuals are free to explore their interests and talents, and rejects the linguistic control that promotes reverence for the oligarchs.

In Australia, the governor of the Reserve Bank, Michele Bullock, has suggested that retailers may need to start charging fees for cash transactions due to the declining use of cash and the increasing costs of processing it. This suggestion has been met with public backlash, especially in light of the significant financial support banks have received during the pandemic. The Reserve Bank of Australia is also working on developing a central bank digital currency (CBDC), which will compete with cash.

In the world of podcasts, G. Edward Griffin, the founder of Freedom Force International, has discussed the problem of collectivism and how those opposed to the current world order can reclaim the power centers of society.

Finally, the U.S. military is making progress in reclaiming a World War II-era airfield on the Pacific island of Tinian as part of efforts to disperse aircraft across the Indo-Pacific region due to China’s growing missile threat. The revitalization of Tinian is part of the air force’s strategy to move aircraft to various locations in the western Pacific to avoid missile strikes. Trilateral defense cooperation with Japan and South Korea is also being strengthened, with the three countries conducting joint air drills and discussing future cooperation.

This is a companion discussion topic for the original entry at https://peakprosperity.com/daily-digest/fuels-out-cop28-ends-with-fossil-fuel-phase-out-agreement/