JoNova

The Exxon “Blame-Game” is a Distracting Side Show

EXCERPT:

Much media attention has relentlessly focused on the influence of “Big Oil”—but the numbers don’t add up. Exxon Mobil is still vilified¹ for giving around 23 million dollars, spread over roughly ten years, to skeptics of the enhanced greenhouse effect. It amounts to about $2 million a year, compared to the US government input of well over $2 billion a year. The entire total funds supplied from Exxon amounts to less than one five-thousandth of the value of carbon trading in just the single year of 2008.

Apparently Exxon was heavily “distorting the debate” with a mere 0.8% of what the US government spent on the climate industry each year at the time. (If so, it’s just another devastating admission of how effective government funding really is.)

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