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Bunn-Wackett

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23/06/23

17:47

Post #: 68443416
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Originally posted by elee: ↑

you wont know what they are up to/. ..whatever it is - NOT cheaper cost of living

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News|Climate Crisis
Macron opens climate summit in Paris, calls for ‘finance shock’
Global leaders gather in Paris to seek financial solutions to tackling poverty, curbing planet-heating emissions and protecting nature.
Macron opens the New Global Financial Pact Summit [Ludovic Marin/pool via AFP]
Published On 22 Jun 202322 Jun 2023
French President Emmanuel Macron has opened the Summit for a New Global Financial Pact in Paris that seeks to find financial solutions to the interlinked global goals of tackling poverty, curbing planet-heating emissions and protecting nature.
In his opening remarks, Macron on Thursday told delegates that the world needs a “public finance shock” – a global push of innovation and financing – to fight these challenges, adding the current system was not well suited to address the world’s challenges.

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In his opening remarks, Macron on Thursday told delegates that the world needs a “public finance shock” – a global push of innovation and financing – to fight these challenges, adding the current system was not well suited to address the world’s challenges.

Greening of the planet is costly on a couple of fronts, getting rid of cheap energy and replacing it with mind numbingly expensive capital start-up costs in the Trillions $'s with the prospect of hundreds of Billions of $'s of on-going losses at various manufacturing and production centres for many years to come.

Where's the money coming from?
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