The UN Climate Summit in Doha, Qatar, (see here and here) is in its second week, headed for completion on Friday, December 7. Most analysts and observers expect little in the way of major developments or breakthrough agreements to come out of it. With the world economy in shambles, and nearly all national governments awash in debt, there is diminishing incentive for politicians to spend scarce public funds on the much-hyped hypothetical future “threats” posed by global warming — especially when there are very real, tangible issues demanding immediate attention and funding.
However, the climate change lobby is not rolling over and calling it quits; they have too much invested to back away now. A tabulation of funding in 2007 by Senator James Inhofe (R-Okla.), the Ranking Member of the Environment & Public Works Committee, found that the climate alarmists had received over $50 billion since 1990. That was five years ago; naturally, the price tag has gone up considerably since then.
Most of this enormous funding avalanche came from governments, with the biggest chunk coming from the U.S. federal government. State governments have also been big funders, along with foreign national governments, the European Union, United Nations agencies, the World Bank, the big tax-exempt foundations, and major Wall Street banks and corporations. This money infusion has launched a huge climate industry, with universities, institutions, think tanks, non-governmental organizations (NGOs), professors, scientists, researchers, and activists all dependent on maintaining the flow of funds. The major banks and investors that have jumped on board the climate change wagon see a great deal of green to be made from the global sale of carbon credits. Trillions of dollars could change hands, but only if a carbon trading regime is forced on consumers by governments.
Foremost among the groups that have been driving the global warming alarm bandwagon is the New York-based Council on Foreign Relations (CFR). There are many think tanks affecting national policies, but the CFR, long ranked as the premier brain trust, is still the most influential. The UN Climate Summit in Doha will carry the CFR imprint in many ways, as have virtually all previous global conferences. Representing the U.S. government in Doha is President Obama’s Special Envoy for Climate Change Todd Stern. Mr. Stern, who was previously a White House assistant to President Bill Clinton, played a role in U.S. negotiations on the Kyoto Protocol on climate change. He was selected as Climate Envoy by Secretary of State Hillary Clinton. Todd Stern is a longtime member of the CFR.
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Photo of Council on Foreign Relations President Richard Haass: AP Images