Nexus - 1805 - New Times Magazine-pages

Page Content (OCR)

Graciela Chichilnisky, director of the Columbia In the 1930s, such technology did not exist. Time was on Consortium for Risk Management and a designer of the __ the technocrat's side, however, because this technology does carbon credit text of the Kyoto Protocol, statedin her article exist today and it is being rapidly implemented to do "Who Needs a Carbon Market?”: exactly what Scott and Hubbert specified: namely, to "The carbon market is therefore all about cash and exhaustively monitor, measure and control every kilowatt of rading—but it is also a way to a profitable and greener _ energy delivered to consumers and businesses on a uture.” system-wide basis. It's called Smart Grid. Who are the "traders" that provide the open door to al his profit? Currently leading the pack are J. P. Morgan What is Smart Grid? Chase, Goldman Sachs and Morgan Stanley. A Bloomberg Smart Grid is a broad technical term that encompasses article, "Carbon Capitalists Warming to Climate Marke the generation, distribution and consumption of electrical Using Derivatives" (4 December 2009), noted: "The banks power, with an inclusion for gas and water as well. are preparing to do with carbon what they've done before: | America's ageing power grid is increasingly fragile and design and market derivatives contracts that will help clien inefficient. Smart Grid is an initiative that seeks to companies hedge their price risk over the long term. completely redesign the power grid using advanced digital They're also ready to sell carbon-related financial products —_ technology, including the installation of new digital meters © outside investors." in every home and business in the United States. At J.P. Morgan, the woman who These digital meters provide originally invented credit default woe around-the-clock monitoring of a swaps, Blythe Masters, is now If the global elite intends for consumer's energy consumption ead of the department that Carbon Currency to supplant using continuous two-way tades carbon credits for the bank. 9g ° communication between the Considering the sheer force of national currencies, then the utility and the consumer's he global banking giants behind | ~~ world economic and political J Property. Furthermore, the carbon trading, it's no wonder g meters will be able to hat analysts are already systems will also be communicate with electrical predicting that the carbon market fundamentally changed devices within the residence to gather consumption data and to control certain devices directly without consumer intervention. will soon dwarf all other commodities trading. Of course, a currency is merely a forever. means to an end. Whoever controls According to a US Department the currency also controls the economy and the political of Energy publication: structure that goes with it. Technocracy and energy-based "The Department of Energy has been charged with accounting are not idle or theoretical issues. If the global — orchestrating the wholesale modernization of our nation's elite intends for Carbon Currency to supplant national electrical grid... Heading this effort is the Office of currencies, then the world economic and political systems Electricity Delivery and Energy Reliability. In concert with ill also be fundamentally changed forever. its cutting edge research and energy policy programs, the ARE AA A wales Fae nd anelth naan a Onn net Oeil Taal DA In the 1930s, such technology did not exist. Time was on the technocrat's side, however, because this technology does exist today and it is being rapidly implemented to do exactly what Scott and Hubbert specified: namely, to exhaustively monitor, measure and control every kilowatt of energy delivered to consumers and businesses on a system-wide basis. It's called Smart Grid. If the global elite intends for Carbon Currency to supplant national currencies, then the world economic and political systems will also be fundamentally changed forever. of Energy publication: "The Department of Energy has been charged with orchestrating the wholesale modernization of our nation's electrical grid... Heading this effort is the Office of Electricity Delivery and Energy Reliability. In concert with its cutting edge research and energy policy programs, the office's newly formed, multi-agency Smart Grid Task Force is responsible for coordinating standards development, guiding research and development projects, and reconciling the agendas of a wide range of stakeholders." This is a relatively new initiative, but it is racing forward at breakneck speed. The Office of Electricity Delivery was created in 2003 under President George W. Bush, and was elevated in stature in 2007 by the creation of the position of Assistant Secretary of Electricity Delivery and Energy Reliability to head it. It is not clearly stated who "charged" the Department of Energy to this task, but since the Secretary of Energy answers directly to the President, it is assumed that it was a directive from the President. There certainly was no congressional directive or mandate. Part 2: Smart Grid—The Implementation of Technocracy? The Technocracy Study Course established a detailed framework for Technocracy in terms of energy production, distribution and usage. According to Scott and Hubbert, the distribution of energy resources must be monitored and measured in order for the system to work—and this is the key: monitoring and measuring. They wrote that the system must do the following things: "|. Register on a continuous 24 hour-per-day basis the total net conversion of energy... "2. By means of the registration of energy converted and consumed, make possible a balanced load. "3. Provide a continuous inventory of all production and consumption. "4. Provide a specific registration of the type, kind, etc., of all goods and services, where produced, and where used. "5. Provide a specific registration of the consumption of each individual, plus a record and description of the individual..." Implementation On 27 October 2009, the Obama administration unveiled its Smart Grid plan by awarding $3.4 billion to 100 Smart Grid projects. According to the Department of Energy's press release, these awards will result in the installation of: NEXUS ¢ 29 AUGUST - SEPTEMBER 2011 www.nexusmagazine.com