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, annual revenues for much-vilified Koch Industries are about $115 billion, for ExxonMobil around $365 billion.
'Climate Change Business Journal estimates the Climate Change Industry is a $1.5 Trillion dollar escapade, which means four billion dollars a day is spent on our quest to change the climate. That includes everything from carbon markets to carbon consulting, carbon sequestration, renewables, biofuels, green buildings and insipid cars. For comparison global retail sales online are worth around $1.5 trillion. So all the money wasted on the climate is equivalent to all the goods bought online.'
Watch Obama EPA chief Gina McCarthy Testify to Congress: 'The value of this rule is not measured in that way. (Temperature impact) It is measured in showing strong domestic action which can actually trigger global action to address what's a necessary action to protect...I'm not disagreeing that this action in and of itself will not make all the difference we need to address climate action, but what I'm saying is that if we don't take action domestically we will never get started and we'll never...'
From Tom Steyer to Nat Simons, billionaires have hijacked the environmental movement to line their own pockets. Hedge funds and billionaire investors with a line into government contracts, grants and loan guarantees have built relations with these lobby groups to influence government to ensure taxpayer largess flows to the green industries which they are invested in. A new report by the Energy & Environment Legal Institute examines some of the largest contributors to the Sierra Club and their self-interested dealing that gives new definition to the meaning of “going green.”
'Day after day, year after year, the hole that climate scientists have buried themselves in gets deeper and deeper. The longer that they wait to admit their overheated forecasts were wrong, the more they are going to harm all of science.'