by Mitch Kokai
Senior Political Analyst, John Locke Foundation
Andrew Follett of the Daily Caller shines light on money-making opportunities tied to climate alarmism.
Environmentalists like to claim skeptics are making money off hampering global warming regulations, but those same activists are making a lot of money promoting global warming alarmism.
A recent video from The Guardian claims that there is little money or power to be gained from environmental activism. The money behind activism pales in comparison to those of their fossil fuel-financed opposition, according to the video. The video even claims that “most of the money in solar and wind power comes from savings to the consumer.”
In the case of Al Gore, prominently featured in the video, the former vice president has levied his global warming activism from a net worth of $700,000 in 2000 into an estimated net worth of $172.5 million by 2015. He’s not alone in his financial endeavor.
“Funding of science, in this particular case, climate change science, is dominated by the federal government. We assert that this will cause recipients of [government] grants to publish findings that are in-line with government policy preferences (i.e., don’t bite the hand that feeds you),” Chip Knappenberger, the assistant director of the Center for the Study of Science at the libertarian Cato Institute, told The Daily Caller News Foundation in an email. …
… Studies that receive financial support from the public sector don’t have to disclose it as a conflict of interest, even when that support is in the millions of dollars. Recent studies that the Environmental Protection Agency is using to support the scientific case for its Clean Power Plan saw the EPA itself give $31.2 million, $9.5 million, and $3.65 million in public funds to lead authors according to EPA public disclosures.
The author who received $3.65 million, Charles Driscoll, even admitted to the Pittsburgh Post-Gazette that the result of his study was predetermined, saying “in doing this study we wanted to bring attention to the additional benefits from carbon controls.”
Universities typically received about 50 percent of the money that their researchers get in public funds if their research finds positive results, making them deeply dependent upon federal funding and likely to encourage studies which will come to conclusions that the government wants.