Follow the Money


Posted by: Kermit in Blog on Mar 05, 2010

Tagged in: Untagged 

To add to Bart's point in the post below, Australia's ABC published this bit of inconvenient truth:
http://www.abc.net.au/unleashed/stories/s2835581.htm

Somehow the tables have turned. For all the smears of big money funding the "deniers", the numbers reveal that the sceptics are actually the true grassroots campaigners, while Greenpeace defends Wall St. How times have changed. Sceptics are fighting a billion dollar industry aligned with a trillion dollar trading scheme. Big Oil's supposed evil influence has been vastly outdone by Big Government, and even those taxpayer billions are trumped by Big-Banking.
 
Oh, say it ain't so!  Big Oil!!!  Big Oil!!!

 


FOLLOW THE MONEY
Money for Sceptics:
Greenpeace has searched for funding for sceptics and found $23 million paid by Exxon over 10 years (which has stopped). Perhaps Greenpeace missed funding from other fossil fuel companies, but you can be sure that they searched. I wrote the
Climate Money paper in July last year, and since then no one has claimed a larger figure. Big-Oil may well prefer it if emissions are not traded, but it's not make-or-break for them. If all fossil fuels are in effect "taxed", consumers will pay the tax anyhow, and past price rises in crude oil suggest consumers will not consume much less fuel, so profits won't actually fall that much. But in the end, everyone spends more on carbon friendly initiatives than on sceptics-- even Exxon: (how about $100 million for Stanford's Global Climate and Energy Project, and $600 million for Biofuels research). Some will complain that Exxon is massive and their green commitment was a tiny part of their profits, but the point is, what they spent on sceptics was even less.

Money for the Climate Industry: The US government spent $79 billion on climate research and technology since 1989 - to be sure, this funding paid for things like satellites and studies, but it's 3,500 times as much as anything offered to sceptics. It buys a bandwagon of support, a repetitive rain of press releases, and includes PR departments of institutions like NOAA, NASA, the Climate Change Science Program and the Climate Change Technology Program. The $79 billion figure does not include money from other western governments, private industry, and is not adjusted for inflation. In other words, it could be…a lot bigger.

Now I'm not a big math guy, but in my estimation $79 billion is a whole lot more than $23 million.  You want to know what's fueling the global warming scam?  Follow the money.