From today’s Wall Street Journal article denying global warming: “Why is there so much passion about global warming, and why has the issue become so vexing that the American Physical Society, from which Dr. Giaever resigned a few months ago, refused the seemingly reasonable request by many of its members to remove the word “incontrovertible” from its description of a scientific issue? There are several reasons, but a good place to start is the old question “cui bono?” Or the modern update, “Follow the money.”
“Alarmism over climate is of great benefit to many, providing government funding for academic research and a reason for government bureaucracies to grow. Alarmism also offers an excuse for governments to raise taxes, taxpayer-funded subsidies for businesses that understand how to work the political system, and a lure for big donations to charitable foundations promising to save the planet.”
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Comment from Washington Monthly: “Gee, you’d think in all this tough-minded truth-telling about those with a financial stake in the climate change debate the Journal might have noted in passing that the most powerful economic interests on the planet have an interest in doing nothing about it.” |