Y2Kyoto: Risky Business

The “Amazing Tale” of How Three Billionaires Plunged the World into Climate Catastrophism

It is a tale of how three wealthy men bankrolled a project to promote an extreme scenario to guarantee that the economic impact of climate change they projected into the future would be “eye-poppingly large”.

It will also not be a surprise to learn that the billionaire green activist Michael Bloomberg has played a key role over the last decade in lifting this implausible pathway to underserved prominence. Notes Pielke: “It’s a story of privilege and conceit – the privilege in American democracy that accompanies being mindbogglingly wealthy, and the conceit that climate policies can best be pursued by corrupting the scientific literature on climate change.”

In 2012, three wealthy men, Bloomberg, hedge fund manager Tom Steyer and former CEO of Goldman Sachs Hank Paulson chipped in $500,000 each to fund a project “making the climate threat feel real, immediate and potentially devastating to the business world”. An early funded report was part-titled ‘Risky Business’ and it focused on RCP8.5 “as the pathway closest to a business-as-usual trajectory”. The pathway was said to be “closest to a future without concerted action to reduce future warming”.

17 Replies to “Y2Kyoto: Risky Business”

  1. I’m going to assume anyone who goes all in on Climate Catastrophicism is a Genocidal Malthusian Death Cultist who wants a world population at 100 million or less, and should be dealt with accordingly

  2. Search me as to what got my comment about how these men have made climate their personal religion … auto-dumped? There were no bad words whatsoever

    1. Not necessarily a Racketeering action(s). I’d put in more in the fraud category. The hitch is that there is no way to prove it. While the proponents of “anthropomorphic climate change” can’t back up their position. Neither can those on the opposite end of the spectrum since we just don’t know enough to make a reasonable hypothesis. Too many factors. Too many unknowns.

      However, some day when the ability exists to make that hypothesis accurately, the Bloomberg family better hope the needle falls on their side. Because if it doesn’t they are going to be buried in civil suits. As an example, none of these companies selling carbon credits have a hold harmless agreement in their sales contract. Therefore, pushing the sale of those credits could be found to have sold a fraudulent product. They’d be obligated as part of their punishment to repay those sales.

  3. Pielke Jr. is a good read. He does a good job of explaining how the alarmist outlier RCP8.5 scenario became the focus for many organizations and individuals who would profit from the climate scare. In spite of being ridiculously unlikely, RCP8.5 continues to be highlighted by scaremongers at ECCC for example.

    There is a buck to be made and absolutely no downside to scaring the crap out of people. No recognition is given to the mental health impacts suffered by individuals who are totally convinced that the world will end in a handful of years. Young folks are afraid to bring children into the world because of an impending “crisis.”

    This is criminal.

  4. Climate Change (caps deliberate) was perceived as a business opportunity. And it is and will continue to be. Unless and until we stop it.

  5. Smart investment. Ethical? I’m not so sure. Beware of billionaires trying to save the planet.

  6. It’s all a grift. With a few trillion dollars already stolen, and tens of trillions more ready to be pick-pocketed from our wallets. They will use the constant stream of junk science/the sky is falling/end is near phony baloney to rob us all blind.

  7. The idea that only Russian oligarchs are bad, is a mistake.. They all are.. Men running around with the wealth of a nation in their back pockets..

  8. It is an intelligence test.
    If you will buy “Climate Change” of the catastrophic kind,we have all kinds of great deals for you.
    This idiocy has spread so far and wide,that we have to be utter fools to NOT be taking advantage of the gulled.
    The concept of “taxing air to save the climate over there” is the ultimate scheme to Rob the many for the enrichment of the well connected few.
    And these parasites are intent on stealing our freedom.
    Money has never been enough for The Greedy Evil Bastards.

    Because Evil is compound stupidity.
    Manifest in the frightened perverts,whom project their own malfunction onto the public.
    Because they fear free citizens and because they would commit perverted actions if they had “The Power”,they are the Do-Gooders we experience..
    Out to strip us of choice and laughter.

    I will be laughing when they finally push too far.

    Oh wait.I am laughing now.

    For the Cult of Calamitous Climate,who tell me;”Climate Change is bad”
    When shall we reinstate the Laurentide Ice Sheet?
    Tragically,this massive earth protector melted..a mere 15000 years ago..
    Must have been caused by “Early Man”..so I want it back..
    Cause “Climate Changes”??
    Who knew?

    1. Just like “covid” was an IQ test, most failed. If they fail the climate test they will manage to kill more than themselves.

  9. Unethical morons with money continue to extract hundreds of billions from the working class. When millions of working class citizens across the Western World are broken, starving, impoverished and dead or near-dead, they still won’t be happy.

    The climate lies are just one more way to control the serfs, confiscate all of their property, and set them on the streets to die.

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