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Last year, ExxonMobil donated $7 million to a grab-bag of public policy institutes, including the Aspen Institute, the Asia Society and Transparency International. It also gave a combined $125,000 to the Heritage Institute and the National Center for Policy Analysis, two conservative think tanks that have offered dissenting views on what until recently was called—without irony—the climate change "consensus."
To read some of the press accounts of these gifts—amounting to about 0.00027% of Exxon's 2008 profits of $45 billion—you might think you'd hit upon the scandal of the age. But thanks to what now goes by the name of climategate, it turns out the real scandal lies elsewhere.
Climategate, as readers of these pages know, concerns some of the world's leading climate scientists working in tandem to block freedom of information requests, blackball dissenting scientists, manipulate the peer-review process, and obscure, destroy or massage inconvenient temperature data—facts that were laid bare by last week's disclosure of thousands of emails from the University of East Anglia's Climate Research Unit, or CRU.
WHAT'S NEWJim Lakely - July 22, 2010
Senate Majority Leader Harry Reid (D-NV) conceded Thursday that the comprehensive Kerry-Lieberman cap-and-tax “climate change” bill is dead ... (read more)
Fergus Hodgson - July 20, 2010
Obama administration BP cleanup fund director Kenneth Feinberg told three Louisiana town hall gatherings in one day—in Houma, Port Sulphur, and Lafitte— ... (read more)
Paul Fisher and Jim Johnston - July 20, 2010
A favorite political sport in recent years has been to use the judicial system to demonize business people for fun and profit at the polls. The treatment ... (read more)
Natasha Altamirano - July 19, 2010
At least 13 states are considering enacting taxes on plastic and paper bags used at grocery stores and carryout restaurants, but a Tax Foundation report ... (read more)
Jim Johnston - September 18, 2007
Economist Jim Johnston explains the differences between political markets, such as the one created for trading sulfur dioxide emissions, and real markets, ... (read more)
H. Sterling Burnett - July 13, 2010
Alaska state officials are objecting to the Obama administration’s decision to list more than 187,000 square miles—almost the entire U.S. polar ... (read more)
Sarah McIntosh - July 13, 2010
The town of Concord, Massachusetts has banned the sale of bottled water, effective January 2011. Concord passed the measure in response to environmental ... (read more)
Thomas Cheplick - July 13, 2010
Environmental activists are stepping up their criticism of ethanol tax breaks, claiming the subsidies provide few if any environmental benefits and needlessly ... (read more)
Alyssa Carducci - July 13, 2010
Gulf Coast states are taking the initiative in addressing the BP oil spill, as the federal government continues to do little to protect states from advancing ... (read more)
Bonner R. Cohen - July 13, 2010
The Connecticut legislature seriously considered legislation rolling back the state’s aggressive renewable power requirement, but a back-and-forth ... (read more)
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