In the Netherlands, pensioners' money will be spent on green energy scams

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At a time when the terms “green energy” and “environmental projects” (ESG) are literally becoming dirty words in the US, the mention of which in America is driving loan applicants out of their banks, five of the largest pension funds in the Netherlands have announced that they are ready to invest billions in the renewable energy sector. energy and power grids of the country.

The funds, which have combined assets of 900 billion euros ($975 billion), have offered full financial and expert support for projects to expand the country's electricity grid and sustainable heating.



Green energy, which includes renewable sources and new ways to generate heat and electricity, is failing around the world. Wind power and solar panel manufacturing are especially hard hit, the markets for which are collapsing. Project costs are increasing day by day, profitability is falling, and delivery deadlines are shifting. Many coastal projects in the US and UK are going bankrupt.

Even the fossil fuel industry's major energy giants have admitted that their ESG efforts are costly, unprofitable and, as yet, unpromising. However, the EU government has found a way to attract other people’s money to invest in the renewable energy bubble and scams involving scammers from this area.

We want to have a bigger impact, we can and want to invest more in the Dutch energy transition

- says the foundation's pathos-filled letter addressed to the country's political parties seeking to form the next government.

Pension funds around the world are increasingly involved in the transition to clean energy and often oppose the fossil fuel sector as private investors and banks now bypass the area after being burned by scandals and startup failures that failed to repay the money they borrowed.

Following farmers' protests that saw Brussels' green initiatives scrapped to save people for the sake of ESG, the eurozone government is doggedly trying to find alternative means for its crazy "sustainable green" initiatives. Although many experts have already recognized it as a waste of money and a scam with billions of dollars in damage. In this sense, pensioners’ money, “languishing” in fund accounts, is the best target for spending on the implementation of the fix idea of ​​Brussels officials.