TWAWKI

Seems like the television networks got a very very nice present;

THE $250 million handout from the Rudd government to Australia’s television oligarchy will flow almost directly to the profits of the networks’ owners because there are no conditions that it be used for local content.

Unconditional and all. What do people think of their taxes being used to fund Rudd’s popularity with the media?

Guess it all starts to fit.

Evidence of global warming keeps accumulating, How to blame humans for anything, Global warming and fat trees

WWF and its imaginary numbers, UN IPCC to be overhauled or scrapped

What do the Turbulls & Rudds have most in common?

MONEY

Malcolm Turnbull’s estimated wealth in 2009 was $178 million. The Rudd household ‘more than $60 million‘.

Both families have very powerful realms of influence;

The Prime Minister’s wife, Therese Rein, has lured well-known director David Gonski, who runs the Australian Securities Exchange, to chair her company Ingeus, according to The Australian newspaper. The Rein foundation has on the board Phillip Toyne one of the countries best known environmentalists.

So why are these two obscenely rich men so keen on an ETS that will make the rest of us poorer?

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Update 12th Feb. 10. Malcolm Turnbull was chair and managing director of Goldman Sachs Australia (1997-2001) and a partner with Goldman Sachs and Co (1998-2001). 10% of the Chicago Climate Exchange is owned by Goldman Sachs (Al Gore owns another 10%). The CCX was set up by ex Goldman Sachs partners Henry Paulson, Peter Harris, Mark Ferguson and David Blood in association with Al Gore. Obama also helped set up the CCX when he was on the board of the Joyce Foundation. Another 10% of CCX is owned by GIM (Generation Investment Management) who’s chairman is Al Gore and whose chief executive is David Blood (ex Goldman Sachs). CCX owns half of the European Climate Exchange. So we have a small cabal of interconnected businessman standing to profit obscenely from the climate crusades. Al Gore has already come under criticism for his conflicts of interest in that he stands to make huge profit from promoting the cause of global warming.

Malcom Turnbull - speech 26th May 2009“And so we propose that from the 1st of January there be a government authorised voluntary carbon market working in a similar way to the Chicago Climate Exchange so that individuals, firms, businesses, farms can undertake their own actions to reduce emissions, to create offsets, which would then be able to be banked against a future emissions trading scheme when that is enacted in the future“.

Chicago climate exchange is north Americas only voluntary, legally binding greenhouse gas reduction and trading system for North America and Brazil. Quote the CCX is a “financial institution whose objectives are to apply financial innovation and incentives to advance social, environmental and economic goals through the following platforms“.

Climate makes money move in mysterious ways, Will Malcolm profit from the ETS? Obamas involvement in the Chicago Climate Exchange, Peter Garret endorsing the CCX, MPs resign in disgust over ETS.

Obama, Maurice Strong, Al Gore key players cashing in on Chicago Climate Exchange