The New Green Aristocracy: They don't work for you • The Register
Lord Turner, who is also chair of the Financial Services Authority, was a trustee of the World Wildlife Fund, and a member of the Board of Advisors at Climate Change Capital, an “investment manager and advisor specialising in the opportunities created by the transition to the low carbon economy”. Turner's colleague, Dr Samuel Fankhauser, is the managing director of IDEAcarbon, which provides financial services in the carbon finance sector. The company belongs to the IDEAglobal group, whose vice chairman is Sir Nicholas Stern. As the company's website says:
“Working with the key decision makers who are shaping the future of the market enables us to accurately predict market trends and provide tailored strategic advice to clients.”
So the people who stand to profit from markets created by climate change legislation are instrumental in creating that legislation.
Another member of the CCC is Lord Bob May, who has been increasingly vocal about climate change politics in recent years. He said in the TLS last year that “there remains an active and well-funded ‘denial lobby’. It shares many features with the lobby that for so long denied that smoking is the major cause of lung cancer." But if May is worried about 'well-funded' financial interests influencing the Government, he might well take a hard look at the CCC itself.
So the small number of people who determine the UK's response to climate change are not independent, and appear to have professional, financial and political interests in both the escalation of the climate crisis, and legislation designed to prevent it. These interests and the wider establishment's political exhaustion are hidden behind the CCC's scientific authority – a virtue in accordance with climate change ethics.
1 comment:
My fault - I emailed you the link to page 2. Here is page 1.
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