Wednesday, July 22, 2009

The Climate Industry: $79 billion so far - Trillions to come

  • The US government has provided over $79 billion since 1989 on policies related to climate change, including science and technology research, foreign aid, and tax breaks.
  • Despite the billions: “audits” of the science are left to unpaid volunteers. A dedicated but largely uncoordinated grassroots movement of scientists has sprung up around the globe to test the integrity of the theory and compete with a well funded highly organized climate monopoly. They have exposed major errors.
  • Carbon trading worldwide reached $126 billion in 2008. Banks are calling for more carbon-trading. And experts are predicting the carbon market will reach $2 - $10 trillion making carbon the largest single commodity traded.
  • Meanwhile in a distracting sideshow, Exxon-Mobil Corp is repeatedly attacked for paying a grand total of $23 million to skeptics—less than a thousandth of what the US government has put in, and less than one five-thousandth of the value of carbon trading in just the single year of 2008.
  • The large expenditure in search of a connection between carbon and climate creates enormous momentum and a powerful set of vested interests. By pouring so much money into one theory, have we inadvertently created a self-fulfilling prophesy instead of an unbiased investigation?

2 comments:

Robert Ferguson said...

The entire paper reporting this information can be read at the Science and Public Policy Institute website:
http://scienceandpublicpolicy.org/originals/climate_money.html

acadie1755 said...

Thank you!