Mario Giaccio, former dean of the Economics Department at the Chieti-Pescara University and former editor of a journal of commodity science, technology and quality, exposed the fraud of the so-called Green Transition in an interview for the Italian daily La Verità on Sept. 1. The interview was conducted by Franco Battaglia, professor of physical chemistry at the Modena University.
Prof. Giaccio exposes the malignity of the EU policy, which allocated €30 billion per year to “fight CO2,” subtracting those monies from agriculture. “In this sector [agriculture] our country will lose almost €400 million and the most punished region will be Apulie, with cuts up to €40 millions. All this, to reduce by 16 parts per billion per year the amount of CO2 in the atmosphere.”
“Curiously, man-made financial chaos is presented like a natural event; climate change, which is a natural event, is attributed to man,” Giaccio says, quoting French President Emmanuel Macron who, at a summit for a finance-climate covenant in 2017, warned of “climatic and financial chaos humanity is facing.” That summit “demanded to reorient monetary policy in order to finance energy transition,” and proposals such as this were made: “New monetary emissions must be in the service of the fight against climate disruptions.”
“At international level, the Green Economy represents an effort to bail out the global financial system from [or: with; see Footnote] a new giant financial bubble.” “Not by chance” Giaccio wrote “the Institute of International Finance, the global finance cartel, had characterized the Green Economy as ‘the new gold’ in a Dec. 9, 2019 paper.”
