Friday, February 16, 2024

ECB Infested With Net Zero Zealots


The ECB has become infested with Net Zero zealots who tolerate no suggestion that the climate change mantra may be wrong. 

Frank Elderson, who is the bank’s climate czar and vice-chair of its supervisory arm, spoke at a meeting and stated that people who did not believe in climate change should not work at the bank.

Elderson, one of six members of the ECB’s executive board, told an internal meeting

“I don’t want these people anymore.” 

Elderson forgets that the ECB's role is to control inflation, not tackle non existent climate change. Unless the ECB remembers its actual mission, wrt inflation, the people of Europe will find themselves bankrupted by these zealots.

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