An Energy Standard for a World Currency

 

IS A CARBON CURRENCY THE ENDGAME?
PART 1

By Michael S. Coffman, Ph.D. and Kristie Pelletier
September 10, 2011
NewsWithViews.com

Carbon currency is a global monetary system that would not be based on money as we have historically known it, but on carbon credits. It is nothing less than a revolutionary new economic system based on energy consumption and production rather than price.

Analysts are warning that it is highly probable that Europe’s economy will collapse within the next three years, if not sooner. When Europe goes down it is highly likely the U.S. economy will soon follow with potentially devastating effects. At same time, the EPA is instituting thousands of pages of new regulations that cap CO2 emissions, without a single new law passed by Congress. It is all coming down through Executive Branch Fiat. Every analysis of these new regulations show they will have a huge negative impact on our economy right when we can least afford it. It is estimated that the GDP (Gross Domestic Product) will be $9.4 trillion from 2012 to 2035, eventually reaching $700 billion annually. Finally, there is growing suspicion that national currencies will be made worthless through default, hyperinflation, or both. Will a carbon currency replace them?

The current worldwide crisis in the free market system may be the impetus for the full implementation of the new Carbon based global monetary system. Our current price-based economic system and its related currencies that have supported capitalism, socialism, fascism and communism, seems to be herded to the slaughterhouse. Greece, Ireland, Italy, Portugal, Spain and other European nation’s economies are falling like dominoes.

The United States is also in real trouble, with our credit rating downgraded by Standard & Poors. Contrary to what the media is saying, it is not because Congress did not raise the debt limit fast enough; rather it is because U.S. spending is out of control with no end in sight. The Dow Jones Industrial lost a staggering 14 percent immediately after the S&P downgrade was announced and President Obama tried to assure the nation that everything was fine. It is not fine and the market finally realizes it. The crisis is gargantuan and it is worldwide.

As we wrote on May 3, the global financial architecture developed over decades and formalized at the 2002 Monterrey Mexico International Conference on Finance for Development is set up for regional monetary control patterned after the European Union. The long-term goal is to establish a global currency. The Bank for International Settlements (BIS) was given oversight through their Financial Stability Forum, now called the Financial Stability Board. The BIS, in turn is basically controlled by the U.S. Federal Reserve (Fed—the private unaccountable Central Bank of the U.S.) and the Bank of England.

The Facts Don’t Add Up

The entire purpose of the BIS’ Financial Stability Board (FSB) is to stabilize the global financial architecture to prevent exactly what happened in the 2008-2009 and 2011 financial collapse. Either the FSB is a total failure, or they let the financial collapse happen to allow existing currencies to collapse and give the central banks more control. Before the Dodd Frank Financial Reform Act was passed in 2010, global financial analyst Joan Veon made a very good case that the Federal Reserve, the BIS and the FSB used the crises to basically take control over the U.S. financial and regulatory structure;

Since most [people] are not acquainted with our financial and regulatory structure, they will not appreciate the incredible transfer of power being given to the Federal Reserve, a private corporation. Once Congress passes the necessary [financial reform] law, the Fed will be given massive powers over the entire financial and economic industry, the insurance industry, non-banking institutions as well as the mortgage industry.

If Veon is only partially correct, it means the Fed, and by extension, the BIS, is close to controlling the financial regulatory structure of the U.S.; just as called for in the Monterrey plan. Virtually no one knows this. So what is their plan?

Carbon Currency

The idea for a carbon currency has been around since the 1930s under the banner of Technocracy. Technocracy is a world run by scientists and experts, not elected officials. Early proponents of this model even wanted F.D. Roosevelt set up as a dictator, not elected as a president. They claim Technocracy brings economic freedom, but it will actually bring the exact opposite. Financial analyst explains:

Carbon Currency will be based on the regular allocation of available energy to the people of the world. If not used within a period of time, the Currency will expire (like monthly minutes on your cell phone plan) so that the same people can receive a new allocation based on new energy production quotas for the next period. Because the energy supply chain is already dominated by the global elite, setting energy production quotas will limit the amount of Carbon Currency in circulation at any one time. It will also naturally limit manufacturing, food production and people movement.

A carbon currency must depend on a finite supply of fossil fuel so that it can be strictly controlled by technocrats. Since the founding of Technocracy, every generation has been taught the “peak oil” theory; i.e. the world only has “x” number of years before the earth’s oil is depleted. There is a problem with this theory, however. More oil is discovered every year. In fact, enough oil and gas exist in shale oil formations in Colorado, Utah and Wyoming to be energy independent for several hundred years with current technology and oil prices.[1]

This bonanza of energy had to be restricted if carbon currency was to become a reality. That could explain why fear mongering of global warming continues to escalate even when there is no empirical evidence to show that man is causing it. Recent NASA research has clearly shown the climate models grossly overestimate warming. Yet, the hue and cry to reduce CO2 emissions continues to increase. That is exactly what the EPA is doing.

Of equal concern is that Congress locked much of shale oil formations up with Omnibus Public Land Management Act of 2009. It is perhaps very revealing that at the same time Congress locked up much of this 100+ year supply of oil, the same Congressmen and Senators were wringing their hands pontificating to their constituents back home that we must break the dependence on foreign oil. Why the hypocrisy?

Congress was told that the bill it would have a devastating impact on the future of energy in the United States. Senator Tom Coburn (R-OK) warned the bill would put 1.3 trillion barrels of shale oil, out of the total of about 2 trillion barrels, off limits to development. It also cuts off 9.3 trillion cubic feet of natural gas permanently. Although it seems irrational, the legislation had to be intentional.

 

The question that every citizen needs to ask themselves; is the seeming rush to a carbon currency just insanity, ideological blindness, or an obscene effort to trash the U.S. dollar through inflation and debauchery to destroy the U.S. from within? Or, is it all of the above? In any case, it is imperative that Americans vote out every neoconservative and progressive liberal in Congress, state legislatures, and local governments in the 2012 election.

How fast will carbon currency be implemented if that is the elite’s goal? It depends on how fast the smart grid is implemented.

 

PART 2

By Michael S. Coffman, Ph.D. and Kristie Pelletier
September 17, 2011
NewsWithViews.com

There is growing evidence that a carbon currency appears to be the replacement for the currencies of the world after they all crash in the near future. The smart grid will become the means of implementing the carbon currency that will allow the global elite to control every bit of electronic activity of every human being on planet earth.

The idea of a carbon currency has been around since 1932 with the advent of Technocracy. The Technocracy Study Course initially written in 1932 details what is needed for Technocracy and a carbon currency to work. These include, in no particular order:

• Ability to register on a continuous 24 hour-per-day basis the total net conversion of energy.
• By means of the registration of energy converted and consumed, make possible a balanced load,
• Provide a continuous inventory of all production and consumption,
• Provide a specific registration of the type, kind, etc., of all goods and services, where it is produced and where it is used and,
• Provide specific registration of the consumption of each individual, plus a record and description of the individual.”

In other words no one would be able to buy and sell anything without permission of big brother, and without him knowing about it. Bartering or perhaps the use of precious metals (if people are allowed to possess it) would be the only alternative. It is interesting that if this is what the elites are planning, it would literally fulfill the highly controversial prophecy given by the Apostle John in Revelation 13:17.

The technology to implement this did not exist in 1932. It does now. Integral to creating the control demanded by technocracy is smart grid technology, which implements monitoring and control from production to consumption. It also allocates how much energy each home or business can use, with control being absolute and reaching even down to our coffee makers and refrigerators.

The Push for Smart Grid

Smart grid technology has not been developed because of demand or any perceived need. Private industry did not develop it. Rather, the entire idea was advanced by the Department of Energy (DOE) starting with President George W. Bush with the creation in 2003 of The Office of Electricity Delivery.

Since then, it has been catapulted forward with President Obama’s allocation of over $4 billion from the Stimulus money. The DOE’s technology is spreading like wildfire across the world. Why? How? Patrick Wood provides this warning; “Smart Grid meets 100 percent of the Technocracy's original requirements…. If the Federal government had not been the initial and persistent driver, would Smart Grid exist at all? It is highly doubtful.”

Global companies like IBM, Siemens, GE, Cisco, Panasonic, Kyocera, Toshiba, Mitsubishi are all scrambling to grab onto their share of the new smart grid market with digital meter controls and software. These companies are helping to usher in this single, integrated, communication-enabled electric delivery and monitoring system, known as Smart Grid.

Similar to the World Wide Web, this new Network Of Things, or NOT will allow inanimate objects such as a central control computer and your household appliances to communicate with very little human interaction. Once it is entirely in place around 2020, complete control over energy consumption will be possible with systems that will allow our air conditioners, washing machines, and even our furnaces to be centrally shut off if we have been deemed ineligible for further consumption.

Nations worldwide are positioning themselves to trade in this new global currency and smart grid technology. Italy has already implemented smart grid in 85% of its homes. Australia will soon have a framework in place which will position them to trade carbon credits internationally, with the passage of the Carbon Credits (Carbon Farming Initiative) Bill of 2011, Carbon Credits (Consequential Amendments) Bill 2011 and the Australian National Registry of Emissions Units Bill 2011.

On August 17, Sberbank, Russia’s largest bank in the wake of Russia’s removal of the least 10 euros per metric ton requirement for its carbon credits has encouraged the nation’s industrial powerhouses to apply for carbon credits. Companies are eligible to apply for one carbon credit for every 1,000 metric tons of carbon dioxide that they no longer emit. Just like Australia, they are positioning themselves to have carbon credits to trade and sell on the global market.

The problems of implementing a carbon currency are infinite. Once the $4 billion in federal money is gone, who will pick up the costs? If history is a guide it will be you and I. Worse, Carbon Credits are a lot like Cell Phone Minutes, they don’t really exist. It’s all smoke and mirrors. Opportunities for corruption will abound! Counterfeiting with tangible, hold in your hand greenbacks is a problem now. Imagine when the currency is as invisible as the air. Nonetheless, nearly half of America will have been converted to smart meters by 2014; the first step in establishing the smart grid. It is expected that 100 percent will be retrofitted by the end of the decade.

One has to wonder if the machinations of the global banking cartel are merely to keep the current currency system afloat long enough to retrofit enough homes and businesses with smart meters to institute carbon currency – at least in the developed nations.

Once carbon trading is instituted world-wide, it may not take much to switch to a carbon currency in order to make way for a new carbon-based world. Unfortunately for individual people living in this new system, it will also require authoritarian and centralized control over all aspects of life, from cradle to grave.

 

America, with its Locke form of government has been the major obstacle to this effort. This is changing, however. Through foundations, corrupt courts, and progressive politics, the powerful elite are systematically destroying the Locke-based foundation of the U.S. Constitution. They are implementing legalized plunder through the destructive application of “expert planning” and the public good doctrine. And because this doctrine floods our public education, press, and environmental propaganda machine, most Americans are totally ignorant of what these globalists are doing, and often support this insanity that is designed to control everything they do. This agenda must be exposed for what it is – the death of America as we know it – and then throw these monsters out of office.

 

Mid-Point - March 21st 2013

God Bless,

gail

 

 

Dr. Coffman is President of Environmental Perspectives Incorporated (epi-us.com) and CEO of Sovereignty International (sovereignty.net) in Bangor Maine. He has had over 30 years of university teaching, research and consulting experience in forestry and environmental sciences. He produced the acclaimed DVD Global Warming or Global Governance (warmingdvd.com). His newest book, Rescuing a Broken America (rescuingamericabook.com) is receiving wide acclaim. He can be reached at 207-945-9878.

E-Mail: mcoffman@epi-us.com