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The Risk-Monger
@zaruk
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David Zaruk, as The Risk-Monger, challenges confirmation bias. Fighting activist zealots. Fighting for farmers. Fighting cardiovascular disease and arthritis.
Brussels
Joined June 2009
Would you support independent thinking from someone willing to challenge the emotional campaigns of dogmatic zealots? For €/$ 5 per month, you can become a Risk-Monger Patron. At #GoldMonger level, you'll get a newsletter with more news and commentaries.
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@Clear_Food @MedillSchool @columbiajourn @CJR @mujschool @niemanfdn @Socio101 @spj_tweets Sadly many of them are likely in on the take. @columbiajourn hosted the Covering Climate Now and Solutions Journalism Network events and were involved in their Climate Blueprint for Media Transformation.
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@the_firebreak is starting a new series to look into how far, how deep and how much dark donor-advised foundation funding is controlling what the media writes about. Activist special interests are using #PressPayola to shape our narratives. Should we even ask if this is ethical?
Foundations pay activists, journalists and media groups to relentlessly report on climate issues. This helps control the narrative. Now activists are trying the same strategy on other issues. This #PressPayola needs scrutiny. Too bad the media won't do it.
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My latest looks at the myriad of groups the CDP set up to do the same thing - sister organizations working with them and with UN bodies. More organizations, more fees. But what if the bankers and asset managers stop making commitments or paying their fees?
CDP isn't just an NGO. Carbon disclosure is big business so CDP also created these groups: ShareAction Persefoni Transition Value Partners We Mean Business Coalition Science Based Targets Initiative Net Zero Asset Managers Initiative Investor Agenda @zaruk
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2/2 9 years ago I showed the lies, deceit and distortion of EU funds. Nothing has changed. NGOs will raise a stink, EU officials will back down, and they'll continue to get funding they don't need. Most funds come from foundations. This is just prestige.
I got several messages from friends and followers as this "scandal" unfolded, but I found nothing new. The Life+ programme has been going on for years. If you throw fresh meat at a pack of hyenas, you know what they'll do. They should look at how NGOs distort funding sources. 1/2
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I wrote this last week. After a week of watching the over-enthusiasm in Davos for American exceptionalism from jackasses like Larry Fink, it didn't take much to look at what the rest of the world was doing. In any case, at least it killed their destructive ESG/net-zero strategy.
Reading the Firebreak can help your bottom line. After 5 days of analyzing how the tech and AI bubbles had banks abandon net-zero and ESG in the dash for energy infrastructure opportunity, @zaruk ended his series on the myopic business world with 3 words.
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Hey Mom, Is that the bear cub that Junior ran over and left in his trunk while he had dinner (and then dumped in Central Park)? Should senators ask Junior about the time he chainsawed the head off of a beached whale, tossed on top of his car to have as a trophy? Judgment matters.
This Momma Bear just visited 48 offices with our letter and flyer for Kennedy. Do not underestimate the power of Moms. We research. We share. We empower people with solutions. And we vote.
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The investment world has a lot of very smart people, but collectively, they are really stupid. After their big pivot, #DeepSeek releases a new AI model that needs 90% less energy and chips, cutting fossil fuel investment opportunities. So... will those 11 banks rejoin the #NZBA?
11 large banks pushing #NetZero and ESG on their clients, quickly abandoned the strategy in a mad dash for the cash from the (fossil-fuel-based) AI energy infrastructure needs. A passage from @zaruk's latest on the collapse of the Net-Zero Banking Alliance
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How about this reason why the #NZBA is collapsing: Banks can't continue to commit to cutting their investments in GHG-intensive industries while they're setting up funds to build fossil-fuel powered energy generators inside AI factories. The tech trillions are too good to miss!
In the month before Davos, 11 of the world's largest banks left the Net-Zero Banking Alliance. A week before, the Net Zero Asset Manager's Initiative suspended activities after BlackRock left. @zaruk provides 5 reasons why these UN initiatives are failing.
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A weekend read that might just surprise you. My latest article in @the_firebreak.
In the conclusion to the Davos Dump, @zaruk looks at how the two sides of industry have grown apart and are now in a state of open warfare. Davos Man's financial institutions profited nicely from their ESG-carbon play, now they're aiming to control energy.
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