Economist Bjorn Lomborg, author of the 2008 book "Cool It: The Skeptical Environmentalist's Guide to Global Warming," has coined the "Climate-Industrial Complex" as a new phrase designed to describe how some "business leaders are cozying up with politicians and scientists to demand swift, drastic action on global warming" in a move designed "to line their own pockets," as reported by the Wall Street Journal.
"The tight relationship between the groups echoes the relationship among weapons makers, researchers and the U.S. military during the Cold War," wrote Lomborg, explaining his decision to adapt President Eisenhower's famous farewell address warning about the "military-industrial complex."
One of the most prominent business leaders cheerleading President Obama's cap-and-trade legislative proposals is GE Chief Executive Jeff Immelt.
GE is the parent company of the major media conglomerate NBC universal, which owns media outlets NBC, MSNBC and CNBC, that theBusiness & Media Institute charges have blurred the lines between journalism and corporate advocacy in their openly proclaimed support of the Obama administration.
As support for this claim, the Business & Media Institute cited an appearance by Immelt on CNBC's "Squawk Box" program in which he argued that cap-and-trade is the "most effective way to go," without disclosing the billions of dollars in profit GE anticipates making from the Obama administration effort to cap carbon emissions.
White House economist Austin Goolsbee joined Immelt on CNBC, promoting the Obama administration's carbon hysteria agenda.
"Here's a case where government policy with the private sector working together is the only way that it can really get done," Goolsbee told the CNBC audience, promoting the GE pro-Obama message. "And looking at it internationally too, it's got to be done in an international context, so the U.S. isn't the only one passing these rules."
Lomborg warned that the World Business Summit on Climate Change meeting in Copenhagen beginning May 24 is designed to push the Copenhagen Climate Council agenda to adopt even more drastic carbon reduction measures to replace the Koyoto Protocol, which is scheduled to expire in 2012.
More than 700 business people from 30 countries are scheduled to be meeting at the Copenhagen World Business Summit on Climate Change, to participate in 19 sessions and workshops with the aim of coming up "with specific suggestions on how to fight climate changes and how to manage the future climate economy development."
Lomborg warned that the world's largest wind-turbine manufacturer, Copenhagen Climate Council member Vestas, "urges governments to invest heavily in the wind market."
U.S. companies and interest groups involved with climate change hired 2,430 lobbyists in 2008, up 300 percent from five years ago, Lomborg noted.
"The partnership among self-interested businesses, grandstanding politicians and alarmist campaigners truly is an unholy alliance," Lomborg wrote. "The climate-industrial complex does not promote discussion on how to overcome this challenge in a way that will be best for everyone. We should not be surprised or impressed that those who stand to make a profit are among the loudest calling for politicians to act. Spending a fortune on global carbon regulations will benefit a few, but dearly cost everyone else."
Red Alert has reported the Obama administration duplicity in regard to candidate Obama's promise, now abandoned, to renegotiate NAFTA.
During the presidential campaign, candidate Barack Obama fired his campaign economic adviser, Austan Goolsbee, an economics professor at the University of Chicago business school, after reporters learned Goolsbee traveled to Canada to reassure Canadians that Obama's campaign rhetoric against NAFTA was just campaign rhetoric.
In the Ohio and Pennsylvania Democratic Party primaries, candidate Obama pledged to renegotiate NAFTA as part of his appeal to Ohio and Pennsylvania workers who lost manufacturing jobs under the free-trade agreements negotiated by Presidents Clinton and George W. Bush.
Yet, once candidate Obama was elected president, Goolsbee was quietly invited to join the administration in the White House.
Goolsbee took a leave of absence from the University of Chicago, after Obama appointed him to serve as chief economist and staff director of the newly created Presidential Economic Recovery Advisory Board, chaired by former Federal Reserve Chairman Paul Volker.
Obama also appointed Goolsbee to the Council of Economic Advisors, or CEA, which is charged with assisting in the development of White House economic policy.
WND has repeatedly reported that thousands of scientists remain skeptical that the nightmare scenarios of rising waters and dramatic climate events such as increased hurricane activity have any basis in fact, outside computer models generated by geo-scientists that tend to produce frightening predictions that typically fail to be realized.
Still, the Obama administration persists, both to pass a new cap-and-trade carbon tax through Congress this year, as well as to explore the geo-engineering of the upper atmosphere with pollution as a technology calculated to induce global cooling.
05/25/09