Climate Crisis Inc. UpdatePosted: July 19, 2016
The Climate Crisis industry is BIG business.
Climate alarmism and cries of armageddon pay handsomely!
Paul Driessen puts the staggering numbers in perspective:
“The annual revenue of the Climate Crisis & Renewable Energy Industry has become a $1.5-trillion-a-year business! That’s equal to the annual economic activity generated by the entire US nonprofit sector, or all savings over the past ten years from consumers switching to generic drugs. By comparison, revenue for the much-vilified Koch Industries are about $115 billion, for ExxonMobil around $365 billion.”
Five years ago Jo Nova provided a graphic displaying the workings of the Climate Scare Machine. The figures are out-dated and this post is to update the growth of the Climate Crisis Industry and its outlook.
From Jo Nova (here) in 2010 dollars:
Climate Change Scare Machine Cycle: see how your tax dollars are converted into alarming messages
The money, power, and influence is vastly larger on the side that benefits from the alarm
On the skeptical side, Exxon chipped in all of $23 million over ten years, but it’s chump-change. The fossil fuel industry doesn’t like carbon legislation, but it’s not life or death, unlike the situation for wind and solar, which would be virtually wiped out without the subsidies provided by the scare.
The US government has poured in $79 billion and then some. But the pro-scare funding is pervasive: for example — the Australian government spent…
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