Monday, February 8, 2010

Climategate Part II: Help us follow the money

Since it’s clear the Internet (notably the blogosphere) exposed the dubious science of anthropogenic global warming, thankfully before we all went broke (or more broke than we already are), it’s time to turn to our next assignment – following the money.

Cui bono in this giant metastasizing scam? Yes, we already know that the IPCC’s Rajendra Pachauri may have some ill-gotten gains, not to mention a few scientists who may have flown first class to Bali and other such boondoggles, but they are indeed small potatoes. Big money was – or was intended to be – made with carbon exchanges set up in Europe and the USA. Fraud at the European exchange to the tune of one and half billion dollars is already under investigation by Scotland Yard. But that’s the tip of the proverbial iceberg. As far back as July 2009, the Science and Public Policy Institute published a broadside – Climate Money – alleging that 79 billion had already been spent on this unproven science. That’s an extraordinary sum, even if exaggerated by eighty or ninety percent. Who knows how much has been spent and who has benefited? Read more.

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