Al Gore and other climate thugs continue to browbeat the opposition by accusing them of being financed by the energy companies that make our cars go and our lights come on. But in the Era of Big Government, the real money comes not from the private sector, but from the people with the most to gain from the global warming hoax — power-hungry bureaucrats. Not that Prince Albert doesn’t have a lot to gain too:
No one has made more money from climate change hype than Gore. According to the U.K.’s Guardian newspaper, just one of the “green” companies in which Gore has invested has received over half a billion dollars in subsidies from the Energy Department.
Financial disclosure documents released before the 2000 election put the Gore family’s net worth at $1 million to $2 million. A mere decade later, estimates are that he is worth $100 million. He’s been touted in the press as one day becoming the first “carbon billionaire.”
According to the Science & Public Policy Institute, the U.S. 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.
Compare that with, say, Exxon-Mobil Corp., which is repeatedly attacked for paying a grand total of $23 million to skeptics.
According to the World Bank, the value of carbon trading doubled from $63 billion in 2007 to $126 billion in 2008. Big money has been and can be made by conning governments into formulating policies based on fraudulently hyped climate hysteria.
The global warming scam is big money. However, like government it expropriates wealth rather than creating it, leaving a few corrupt parasites like Al Gore obscenely rich, but the rest of us poorer.
On tips from Bob Roberts and Shawn.