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Super-wealthy capitalists lead climate change hysteria
by Scott Gilbreath ~ October 9th, 2008
Ecofanatics and global warming alarmists like to claim that anyone who opposes their agenda must be bought and paid for by big oil. Spiked points out that the greenies have oodles of cash on their side. For example, Jeremy Grantham, Chairman of the investment firm GMO has endowed two £12 million institutes to promote the warmist agenda—one at London School of Economics, the other at Imperial College, University of London.
Many rich and influential people believe that the human race is ruining the planet.
The world of climate change hysteria has numerous big political backers, like [Margaret] Thatcher, former US vice-president Al Gore, and current British prime minister Gordon Brown, who commissioned the Stern Review when he was chancellor of the exchequer. High-level figures in the upper echelons of many big firms – including fossil fuel companies such as Shell and BP that have faced so much criticism from greens – have declared that climate change is the number one issue facing humanity. Multibillionaire Richard Branson, airline boss and wannabe spaceline boss through Virgin Galactic, declared last month: ‘To my mind there is no greater or more immediate challenge than that posed by climate change.’
[. . .]
One greenie with influence who has been in the news rather a lot lately is the chairman of the US Federal Reserve, Henry Paulson. The man in charge of saving the US banking system has apparently spent $100million of his personal wealth on environmental causes – with the whole lot, some $700million, promised to conservation when his body decides to ‘bail out’ from this mortal coil. And Paulson is not only generous with his own cash: as boss of Goldman Sachs, he persuaded the board to hand over 680,000 acres of forest in Tierra del Fuego owned by the bank to the Wildlife Conservation Society, whose board of trustees includes Paulson’s son, Merritt. [footnotes omitted]
The man who spearheaded the multi-billion dollar financial bailout is a greenie? It’s ironic, then, that fears of impending widespread economic hardship have pushed environmentalism onto the back burner.
But that won’t stop the eco-crusade. Super-rich capitalists like Mr Paulson will not be fazed by a recession.
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October 9th, 2008 at 08:34 PM
[...] SUPER-WEALTHY capitalists lead climate change hysteria; Civil rights group takes on extreme environmentalists [...]