Comments
BBC Pension Funds Linked to Climate Policy
The following information is in the public domain:
About the Institutional Investors Group on Climate Change (IIGCC)
http://www.iigcc.org/index.aspx
“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.”
On the members page we find:
BBC Pension Trust
IIGCC’s Objectives are:
“To encourage a pro-active approach amongst asset owners and asset managers on climate change (through adapting their own investment activities and processes) in order to enhance and preserve long-term investment values.”
“To improve company disclosure/performance on climate change (in their role as shareholders and bondholders). ”
“To encourage public policy solutions that facilitate the move to a low carbon economy and are consistent with long-term investment objectives.”
We find the following on the Professional Pensions website:
Professional Pensions | 19 May 2009 | 01:00
Categories: Investment
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.”
[IIGCC chairman and BBC head of pensions investment Peter Dunscombe...]
Yet: “The BBC has operated since its creation in 1927 under a Royal Charter as a public corporation. The Charter decreed that the BBC’s views be entirely independent of any private or governmental influence. It is thereby required to be free from both political and commercial influence and answer only to its viewers and listeners.” How does this square with the above?
Just asking!
Biased BBC: Fingers in Pies…
February 2nd, 2010 at 2:07 am
This spoof of climate science may be of interest:
http://climaterealists.com/?id=4960
February 9th, 2010 at 2:13 am
There is a MASSIVE conflict of interest. If you knew that your pension was being invested in enterprises that would be practically worthless if the AGW scam was exposed, do you think you would be willing to run news or articles that would expose the scam? And what if running news and articles that pumped up the value of your pension investments – would they get an airing?
The £8billion BBC Pension Trust, the Environment Agency Pension Fund and the Universities Superannuation Scheme are members of the Institutional Investors Group on Climate Change (IIGCC). Media, Government and Universities! It’s almost unbelievable.
IIGCC for its part is bankrolled and controlled by The Climate Group, a very powerful – perhaps the most powerful – lobby group for the Green agenda. The Annual report 2005/6 of The Climate Group declares in the notes to the accounts:
“IIGCC: Funding to manage and facilitate the Institutional Investors Group on Climate Change, a network of pension funds and asset managers seeking to be active on climate change.”
And also
“In addition to these programmes, The Climate Group is supporting…the Institutional Investors Group on Climate Change (IIGCC), a network of 26 pension funds and asset managers focused on addressing climate risk. The membership of IIGCC voted unanimously to transfer the management of the group to The Climate Group in late 2005.”
The Climate group says of itself:
“we’ve created a coalition of governments and the world’s most influential businesses…Through this coalition, we’re helping to set the targets, create the policies, build the confidence, and generate the political willpower needed to make the changes the world requires…”
But it also extends down to the humble consumer:
“Together is The Climate Group’s consumer engagement campaign. First launched in the UK in April 2007, the campaign is the country’s leading climate change campaign.”
The Climate Group has the following principles:
“We believe…climate change is an urgent problem that requires an internationally coordinated, collaborative response directed at substantially reducing global GHG emissions…We will therefore strive…To achieve significant reductions in GHG emissions…exploring mechanisms such as emissions trading, policies and laws to facilitate this.”
There’s more here about the web that Robert Napier has spun (formerly of WWF, now head of the Met Office).
http://buythetruth.wordpress.com/2009/08/24/eco-imperialism-every-environmentalists-dream/
In this post I asked the question why there hadn’t been a fuss kicked up about what Napier and his cronies have been up to. Now perhaps we know why – because peoples’ pensions rely on the myth of AGW being sustained. This state of affairs hasn’t just come about by chance. There can be no question that governments, the UN, and advocacy groups such as WWF have conspired to bring about this dreadful state of affairs.
February 9th, 2010 at 10:03 am
[...] $4 trillion euro IIGCC, IIGCC chairman /BBC head of pensions investment Peter Dunscombe, UN global plan for [...]
February 15th, 2010 at 3:03 am
As always, to know what is really going on one should follow the money.
February 15th, 2010 at 5:25 am
[...] pension fund has a few billion Euros invested in carbon scams. Climate Research News reports that BBC Pension funds Linked to Climate Policy: “The Institutional Investors Group on Climate Change (IIGCC) is a forum for collaboration on [...]
February 16th, 2010 at 4:17 am
Would this be the same reason that the major news networks in the United States are also not reporting all the leaks and falsehoods on the sinking Global Warming Ship? The waste of Billions of Dollars of money spent on this scam has to be accounted for and heads have to either be rolled or criminal charges be laid.Al Gores Academy Award has to be rescinded as well as his Nobel Prize. You all who have been a part of this total scam over the last twenty or so years have been exposed and will continue to be exposed with or without ABC ,NBC ,CNN, CBS ,CBC ,BBC etc help,… because we have… the Internet.
March 9th, 2010 at 6:36 am
BBC might be called Brit. Bolshivik co.as its for everything detrimental to free thinking and goes along with the Communist mani festo of 1963.Just look at its pro multicultural retoric for example and social engineering platform like the CBC in Canada using taxpayers like suckers.Im disapointed that Rush never mentioned the CFR,TriLat.,Ford Foundation etc., or is he part of same gang