From the WUWT TwentyEightGate discussion a disturbing revelation of a huge conflict of interest balance of reportage. To see that this has cost taxpayers billions beyond license fees, see this earlier post about a UBS report on the European Carbon Market:
“The Institutional Investors Group on Climate Change (IIGCC) is a forum for collaboration on climate change for European investors. The group’s objective is to catalyse greater investment in a low carbon economy by bringing investors together to use their collective influence with companies, policymakers and investors. The group currently has over 50 members, including some of the largest pension funds and asset managers in Europe, and represents assets of around €4trillion. A full list of members is available on the membership page”.
Did you catch that: Four trillion Euros!
Remember the phrase “to use their collective influence with companies, policymakers and investors”
Members of the IIGCC include (I trimmed the list a bit):
BBC Pension Trust
Bedfordshire Pension Fund
BT Pension Scheme
Corporation of London Pension Fund
Environment Agency Pension Fund
Greater Manchester Pension Fund
Kent County Council
London Borough of Hounslow Pension Fund
London Borough of Islington Pension Fund
London Borough of Newham Pension Fund
London Pensions Fund Authority
South Yorkshire Pensions Authority
The Church Commissioners for England
The Church in Wales
Universities Superannuation Scheme
West Midlands Metropolitan Authorities Pension Fund
West Yorkshire Pension Fund
To be a bit more specific as to the BBC AGW Bias:
Professional Pensions | 19 May 2009 | 01:00
Carbon markets need urgent changes in order to encourage institutional investment and the development of a low-carbon economy, the Institutional Investor Group on Climate Change says.
The group is calling for strong price signals and caps on carbon emissions that will encourage scarcity and demand.
IIGCC chairman and BBC head of pensions investment Peter Dunscombe said: “The credibility of emissions trading schemes would be greatly improved with a robust price signal as well as clear and frequent communication from the regulator on trading data and improved transparency over direct government participation in schemes.”
Catch that: “IIGCC chairman and BBC head of pensions investment Peter Dunscombe…”
The BBC is the Chair of this Carbon Trading driven investment scheme!
Recall: “to use their collective influence with companies, policymakers and investors”
I would say that the BBC has a major non-Scientific reason for their Human Induced Global Warming Bias.
If this Human Induced Global Warming thing does not pan out then perhaps a lot of BBC pensioners will be ‘left out in the cold’.
It is despicable how these charlatans of science are playing with the lives and futures of so many trusting people. These trusting people should pick up the phone, call their MP and get to the bottom of this before their pensions go the way of the dot-com or housing bubble.
It looks like a clear conflict of interest between the BBC and the public that they are supposed to serve.