$1 Trillion At Stake: Clive Palmer And Al Gore Become Convenient Allies
Al Gore, the world’s most famous global warming guru, last week meddled in Australian climate politics to the undisclosed benefit of his business partners, and against the interests of Australians.
The Nobel prize-winning alarmist didn’t just tell his disciples here more astonishing falsehoods about the climate of the kind that’s good for his business. (See Gore’s truth for his latest whoppers.)
Gore also meddled in our climate politics to the undisclosed benefit of his business partners, and against the interests of Australians.
And in return for a favour, he falsely praised coal baron Clive Palmer as a planet-saver, when Palmer was in fact destroying our biggest schemes to tackle global warming.
This fraud started on Wednesday, when Palmer presented Gore at a press conference called to announce whether he’d help the Abbott Government axe the carbon tax.
The warmist journalists there, notably from Fairfax newspapers and the ABC, were completely fooled by the surprise appearance of their warmist god.
They just saw Gore and concluded — of course! — Palmer was actually saving the carbon tax, not scrapping it.
After all, didn’t Gore praise “this extraordinary moment in which Australia, the United States and the rest of the world is beginning to confront the crisis in a meaningful way”?
Listening with their eyes, they barely registered what Palmer actually said — that not only would his senators join the Government to scrap the carbon tax, they’d block its own “direct action” policies as well.
And while they gladly heard Palmer propose an emissions trading scheme to replace the tax, they somehow didn’t hear him say this came with never-never conditions — that our main trading partners must all first have such schemes, too.
So Palmer was actually destroying global warming programs, yet many journalists suggested the opposite.
“The green miner is putting himself at the vanguard of climate change policy,” announced ABC presenter Sarah Ferguson.
“Palmer on carbon tax blow to PM,” gloated The Age.
“Clive Palmer has thrown into chaos Tony Abbott’s plan to abolish the carbon tax,” agreed The Sydney Morning Herald.
It took until the next day for those journalists to realise they’d been fooled, and Palmer had actually given Prime Minister Tony Abbott his dearest wish: repeal of the carbon tax.
Disillusioned, they now asked: what happened? Why had Gore blessed Palmer’s climate vandalism? Was he tricked? Paid?
There was no mystery, though, about why Palmer had wanted Gore.
Strip the green tinsel from his press conference and Palmer was in fact saying his senators would vote for a $6 million cut to his taxes. That’s about how much the carbon tax costs his nickel refinery each year.
Grubby, right? So having Gore praise him as a planet-saver was a much better look — and would keep Palmer sweet with the ABC.
Fine, but why did Gore agree to this stunt? Perhaps for reasons that are little better.
Gore is a co-founder and chairman of Generation Investment Management, which manages and advises on green investments of the kind Gore’s climate scaremongering helps whip up.
Among the businesses it “participates” in is Australia’s $1 trillion Investor Group on Climate Change, which comprises Goldman Sachs and many of our bigger super funds.
Those funds invest big in renewable energy and are scared the Government will soon slash or scrap the Renewable Energy Target, which forces electricity suppliers to use more expensive wind and solar power.
IGCC has protested that “changes to the RET scheme could undermine the value returns on investments made to date” and “we do not favour any changes”.
But the Government resents the RET for costing the average household around $56 a year by 2020 — money that goes to green carpetbaggers without doing any good to the climate.
So changes were coming unless … Palmer could be persuaded to join Labor and the Greens to block any change in the Senate.
Was it a coincidence, then, that Gore’s camp approached Palmer, and not the other way around?