Cold cash cures global warming. Cool.

July 27, 2009, 4:23 pm · 1 comment

global warming spending world is cooling

Every time we hear some huckster bemoan the big bucks Exxon-Mobil pays to fund studies that debunk global warming, we wonder how much the government is spending to “bunk” the theory.

Finally, thanks to Aussie blogger Joanne Nova, all the numbers have been compiled in one handy, dandy report. It clearly demonstrates that Exxon’s dollars pale in comparison to what’s being spent by the American government’s global warming research machine.

Be prepared to be pissed off.

  • The US government has provided over $79 billion since 1989 on policies related to climate change, including science and technology research, foreign aid, and tax breaks.
  • Despite the billions: “audits” of the science are left to unpaid volunteers…
  • 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.

These charts clearly demonstrate an inverse relationship between money spent on global warming research and temperature. The more we spend, the lower temperatures go.

Liberals, of course, will undoubtedly consider this validation that their philosophy works.

Source: JoanneNova.com.au via Andrew Bolt

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Theft by climate – the B2 Journal
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