Full report of ‘Climate Money’: The Climate Industry: $79 billion so far – trillions to come

http://scienceandpublicpolicy.org/images/stories/press_releases/climate_money_press_release.pdf

CLIMATE MONEY by Joanne Nova | July 21, 2009 Summary for Policy Makers The US government has spent over $79 billion since 1989 on policies related to climate change, including science and technology research, administration, education campaigns, 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 a question have we inadvertently created a selffulfilling prophesy instead of an unbiased investigation? Can science survive the vice-like grip of politics and finance?

 

Government monopsony distorts climate science, says SPPI The climate industry is costing taxpayers $79 billion and counting The Science and Public Policy Institute announces the publication of Climate Money, a study by Joanne Nova revealing that the federal Government has a near-monopsony on climate science funding. This distorts the science towards self-serving alarmism. Key findings:  The US Government has spent more than $79 billion of taxpayers’ money since 1989 on policies related to climate change, including science and technology research, administration, propaganda campaigns, foreign aid, and tax breaks. Most of this spending was unnecessary.  Despite the billions wasted, 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 “global warming” theory and to compete with a lavishly-funded, highlyorganized climate monopsony. Major errors have been exposed again and again.  Carbon trading worldwide reached $126 billion in 2008. Banks, which profit most, are calling for more. Experts are predicting the carbon market …