Fed Programs Have Kept Finance Flowing to Fossil Fuels

Oil-and-gas companies have logged record amounts of private-sector financing since Fed’s 2020 interest-rate cuts and corporate bond-buying programs

Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay. Illustration: Preston Jessee/WSJThe world’s biggest banks and investors recently pledged at the Glasgow climate conference to crimp the flow of finance to fossil fuels. But the Federal Reserve’s pandemic-era rescues have kept the spigot open.

Oil-and-gas companies have raked in record amounts of private-sector financing since the Fed’s 2020 interest-rate cuts and corporate bond-buying programs, upending years of declining investment in fossil fuels. And they were disproportionate beneficiaries of Fed programs meant to buoy U.S. businesses during the pandemic.

Because that’s the only place Wall Street were guaranteed to make money going down and going up while destroying small independents those who delivered ‘Energy Independence’ to America. I wonder what Fed got for unlimited balance sheet support for PE and Hedge funds?

CDC now claims that “Immunocompromised People” will need a 4th dose - so that’s a new jab every 6 months, in order to be ‘protected’ from coronavirus.

The future lies in renewable energy resources.

People, Economists & Opposition continue to tell ImranKhanPTI that the country is not going in the right direction. But PMIK ignores them and trusts his ministers who also fail. Muhammad Qasim has already seen these events in his dreams from 2018. Muhammad Qasim Dreams

一个人有钱那叫富有，它不叫财富；财富是多人属性下的，很多人有钱那叫财富。当新中国联邦人都拥有钱的时候，那才叫真正的财富。 ——以上内容来自2021年11月1日郭文贵先生GTV直播 When one person has lots of money, it’s called rich, not 'has wealth'. 'Wealth' should be used to describe lots

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