Thursday, February 4, 2010

Fingers in Pies

Here is a neat little article from Davaid Ickie explaining why the BBC is so biased when reporting climate change news.

"Guess what? The man responsible for looking after the fat pensions of the boys and girls at the BBC is a climate change fanatic, and he is part of an international group of investment managers who bust a gut to invest in 'climate change' schemes. He's called Peter Dunscombe, and he runs the £8.2bn corporation pension fund, advising trustees on a day-to-day basis about their investments. Mr Dunscombe, who addresses conferences about 'ethical investments', is also chairman of the Institutional Investment Group on Climate Change(IIGCC), which has 47 members and manages four trillion euros' worth of investments; yes, four trillion. Their goal is to find as many 'climate change' investment opportunities as possible'

The IIGCC Investor Statement on Climate change was launched in October 2006. Asset owners and asset managers who signed the Statement committed to increasing their focus on climate change in their own processes and in their engagement with companies and governments.

So now we really know why BBC staffers are so fanatical about 'climate change'. It's naked self-interest. In 2008, there were 18,736 contributors to the BBC pension fund; every man jack of them benefits from climate alarmism.

Update: I've been going through the latest BBC Pensions Trust report, and it reveals that Helen Boaden, who is the overall boss of the BBC's news and current affairs operation, was appointed to the trust in 2008. So the woman who tells environment reporters such as Roger Harrabin and Richard Black that the science is settled also works to maximise the returns of the pension fund with Peter Dunscombe. I thought that needed spelling out fully, just in case any subtleties might be missed.

Article can be viewed here:

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