Business funds denial campaigns

Al Gore was right to call global warming An Inconvenient Truth.  Losing $30 trillion of fossil fuel assets is proving far too inconvenient for their owners to even consider. In addition the oil producing nations fear a drop in the oil price if demand for fossil fuels falls. So today, underhand climate denial campaigns costing a few $million protect those assets, and help maximise the oil price.

The world’s most prominent economists have explained clearly what needs to be done to transition the global economy gradually away from fossil fuels, but their proposals are routinely blocked by ‘oil-soaked’ governments, as Barack Obama explains:

President Obama: Republicans' climate change denial is "unique"


Next: Unfettered Capitalism