The Science and Public Policy Institute announces a study by Joanne Nova revealing that the federal Government has a near-monopsony(Look it up here) on climate science funding. This distorts the science towards self-serving alarmism.
Some Key findings:
Ø The US Government has spent more than $79 billion of taxpayers’ money since 1989 on policies related to climate change, including science and technology research, administration, propaganda campaigns, foreign aid, and tax breaks. Most of this spending was unnecessary.

Ø Despite the billions wasted, audits of the science are left to unpaid volunteers. A dedicated but largely uncoordinated grassroots movement of scientists has sprung up around the globe to test the integrity of “global warming” theory and to compete with a lavishly-funded, highly-organized climate monopsony. Major errors have been exposed again and again.

Ø Meanwhile, in a distracting sideshow, Exxon-Mobil Corp is repeatedly attacked for paying just $23 million to skeptics—less than a thousandth of what the US government spends on alarmists, and less than one five-thousandth of the value of carbon trading in 2008 alone.

Ø By pouring so much money into pushing a single, scientifically-baseless agenda, the Government has created not an unbiased investigation but a self-fulfilling prophecy.
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