Tuesday, August 25, 2009
If I read it once, I read it a thousand times, that the science that questions Anthropogenic Global Warming can’t be valid because it’s funded by “big oil”.
Much media attention has relentlessly focused on the influence of “Big Oil”—but the numbers don’t add up. Exxon Mobil is still vilified1 for giving around 23 million dollars, spread over roughly ten years, to skeptics of the enhanced greenhouse effect. It amounts to about $2 million a year, compared to the US government input of well over $2 billion a year. The entire total funds supplied from Exxon amounts to less than one five-thousandth of the value of carbon trading in just the single year of 2008.
Apparently Exxon was heavily “distorting the debate” with a mere 0.8% of what the US government spent on the climate industry each year at the time. (If so, it’s just another devastating admission of how effective government funding really is.)
As an example for comparison, nearly three times the amount Exxon has put in was awarded to the Big Sky sequestration project2 to store just 0.1% of the annual carbon-dioxide output3 of the United States of America in a hole in the ground. The Australian government matched five years of Exxon funding with just one feel-good advertising campaign4 , “Think Climate. Think Change.” (but don’t think about the details).
Perhaps if Exxon had balanced up its input both for and against climate change, it would have been spared the merciless attacks? It seems not, since it has donated more than four times as much to the Stanford-based Global Climate and Energy Project (GCEP).5, 6 Exxon’s grievous crime is apparently just to help give skeptics a voice of any sort. The censorship must remain complete.
This article was posted: Tuesday, August 25, 2009 at 3:47 am