Green | May 05, 2010 | 0 comments

Industry vs. scientists – who profits from climate disruption?

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“Follow the money – it’s all about the research grants.”

This and similar accusations are commonly made against anyone who advocates on behalf science-based climate policies at all levels, all they way from national academies of science down through professional scientific societies, universities, research groups, and even down to individual scientists. S&R decided to follow the money to see who profits the most from climate disruption, the fossil fuel-related industries or the global climate science community.

Fossil fuel-related industries are more than just the organizations that extract the crude oil, coal, and natural gas from the ground. There’s also the groups that transport the fuels via ship, train, and pipeline. Then there are the refiners who turn the crude oil or natural gas into unleaded, diesel, plastic, and fertilizer feedstock. And there’s the utilities that keep the lights on by burning natural gas and coal. All of these industries make a great deal of money because carbon dioxide (CO2) emissions are not priced or regulated, and they all risk losing a great deal of money should that change.

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