Printer-friendly versionSend to friend

October 12, 2009 (LPAC)—Friday at a meeting in Copenhagen on climate change sponsored by Project Syndicate (an international association of 430 newspapers from 150 countries), Nazi collaborator and British agent George Soros announced that he will invest $1 billion in clean-energy technology and create an organization to advise policy makers on environmental policy.

Soros will establish the Climate Policy Initiative, a San Francisco-based organization to which he will donate $10 million a year for 10 years. It will be part advisory service, part policy developer, and part watchdog, said Thomas Heller, who is heading the initiative. Heller is a professor at Stanford University Law School whose expertise is in energy law and regulation and environmental law.

The group will work in the U.S., Europe, China, India, and Brazil, he said. The problem of global warming is primarily a political problem at this point, Soros said. "The science is beyond dispute, but how do we achieve the objectives we all know are necessary? That is a political problem." The organization will address subjects such as carbon-emissions trading.

Soros has said he prefers a greenhouse-gas tax because carbon emission-trading systems, which are used in Europe, can be manipulated by investors. The system can be gamed; that's why financial types like me like it — because there are financial opportunities, Soros said at a London School of Economics seminar in July.