Since the beginning of all this Global Warming talk, I have always believed it was nothing more than just a giant scam contemplated by the global elite. On the heels this comes the shocking and disgusting news of President Barack Obama using the threat of CO2 emissions as a weapon to push the major coal companies toward bankruptcy. To top it off, Obama’s sick scam is connected to the globalist elite George Soros, who has been buying up stock of coal companies and its subsidiaries for really cheap amount.
In a filing by the U.S. Securities and Exchange Act, it was revealed that George Soros purchased 1 million dollars worth in shares of Peabody Energy, and 553,200 shares of Arch Coal, which are two of the biggest and largest traded United States Coal Companies. Both companies have been pushed on the brink of bankruptcy by Obama’s “War On Coal” and the hydro fracturing process of obtaining the inexpensive natural gas.
Under the idea that not even Global Elite would leave trillions and trillions of dollars worth of safe and clean energy source in the ground for the sake of the fake and imaginary “global warning” or as they call it now “climate crisis,” I have always wondered that once the existing coal industry ownership was wiped out by President Obama’s regulatory onslaught, that a new politically correct ownership would take control of the coal and be operated by the global elite.
Now enter the Global Elite con man George Soros, known as a hardball investor and philanthropist to several left-wing causes, that includes the activist and “clean energy” rent-seeking movements that have helped take down the coal industry. In 2009, for example, Soros announced he would spend $1 billion in “clean energy” technology and create a San Francisco-based advocacy organization called the Climate Policy Initiative. A little over a year ago the George Soros’ Climate Policy Initiative issued a major report concluding that the world could save $1.8 trillion over the next two decades by transitioning away from coal to what they call clean energy. The report said that it refers a coal reserves as “stranded assets” that were losing value as they were no longer needed for energy.
As of now, George Soros’ investments are considered small scale by his own purchasing history. The companies that Soros owns have a huge reserve of coal that would be worth far more if the war against coal ended.