Jeremy Grantham

Grantham Institute for Climate Change

In fact, it (Grantham) refers to the wealthy chairman of GMO, a large investment management company: Jeremy Grantham. Grantham has donated £12million to the London School of Economics (LSE) to fund the institute. He has also forked out another £12million to Imperial College London for the similarly named Grantham Institute for Climate Change (1)

No wonder, then, that the chair of LSE, Howard Davies – once the head of the Financial Services Authority and a former deputy governor of the Bank of England – was more than a little fawning over the ‘extremely generous’ Grantham. The new LSE institute will be headed by Lord Nicholas Stern, author of the UK government-commissioned report.

http://www.spiked-online.com/index.php?/site/article/5799/

Jeremy Grantham is the Chairman of the Board of Grantham Mayo Van Otterloo, an American investor well known among institutional investors, but relatively unknown to retail investors. He is regarded as a highly knowledgeable investor in various stock bond and commodity markets. Grantham started one of the world’s first index funds in the early 1970s and currently manages approximately $120 billion US.[

http://en.wikipedia.org/wiki/Jeremy_Grantham

Lord Stern of Brentford, author of a landmark study on climate change, will advise a Tory working group on the creation of Britain’s first Green Investment Bank.

But this was blown away when Lord Stern, in a staggering volte-face said

I would be willing to speak to the Conservatives’ advisory group about their ideas for a Green Investment Bank

Cor, what a humiliation for the Tories eh? Someone who had been going to advise a Tory working group now says that all he’ll do is, um, advise a Tory working group.

How many self destruct buttons can one party hit in a matter of days?

http://redrag1.blogspot.com/

If the experience in London’s anything to go by, that stops when the Tories get in. They make the right noises, but the hamster’s wheel isn’t connected to anything.

Not sure about that. As slow as the pace has been, Britain has punched above its weight in pushing this forward on an international stage. The US public will hold Obama back, and he may have only one term (hope not, but it is possible).

Not necessarily. I think a Tory govt will talk about the environment but do little as it’s merely a cosmetic exercise.

That would be bad for Britain of course, in terms of jobs, technology and energy security but that’s the Tories for you.

I have more faith in Obama’s drive and willingness to push for change on the issue. In terms of global emissions and leading the way, he’ll have more impact.

Don’t get me wrong, I’d love to see the Tories fall apart on this issue, or on any issue. But I’d actually prefer it if they took climate change seriously. Maybe we’ll regret that the pace of change forced by this government wasn’t great enough (though I’d argue that it is slightly higher a priority for the government than for the public at large), but if we get 10 years of a denialist government, that could be game over. Of course, I’ll be working to stop that from happening, but just in case it doesn’t, I welcome the Tories listening to Stern.*

* that’s if they’ll still listen to him, now he’s made it clear he wants to be impartial and there’s no publicity coup in it for them

“according to many comments on the internet??” – hahah! Brilliant.
Please please – keep up your tin-foil hat wearing wingnuttery – I want nothing more than to see the Tories tear themselves apart on this issue.

I don’t think so. I just think he wants to remain independent of political parties.

The Tories have to win the middle ground to win the election. I think being seen to be Green is a key part of their strategy. They might lose some cc deniers to UKIP, but they can live with that. It is the middle ground they can’t afford to lose. I would hope that once in power they will have more access to scientific advisors and more of them will recognise the reality of climate change. Maybe this is a good time remind the grass-roots that Margaret Thatcher was one of the first politicians to take climate change seriously:

http://www.margaretthatcher.org/speeches/displaydocument.asp?docid=108237

(I now predict that a cc denialist will repeat the usual guff about Thatcher only using climate change as a weapon against the bolshy miners).

BREAKING NEWS…BREAKING NEWS…BREAKING NEWS
In tomorrows news, Cameron will announcing his new advisor for the upcoming department of families, morals and scientific progress, ladies and gentleman, I give you – The Pope.

(later statement from AP) –

OTHER BREAKING NEWS…

The Pope seeks to distance himself from The Tory Party, claiming to never support the ideals of a man with a history of side-stepping questions about cocaine use and cannabis smoking, ladies and gentleman, I’m talking about, Family Dave)

Stern’s report was comprehensively taken to pieces by acknowledged experts. For example, Professor Richard Tol of both Hamburg and Carnegie Mellon Universities is one of the world’s leading environmental economists and is quoted as an authority by Stern no less than 63 times in his report, said of Stern’s report that “If a student of mine were to hand in this report as a Masters thesis, perhaps if I were in a good mood I would give him a ‘D’ for diligence; but more likely I would give him an ‘F’ for fail.There is a whole range of very basic economics mistakes that somebody who claims to be a Professor of Economics simply should not make” (The Investigation, BBC Radio 4). However Stern gave the government what it wanted and that was all that was important !!!

Last Saturday we read yet something else: Information had to be quietly removed from Stern’s report on the cost of climate change after its initial publication because supporting scientific evidence could not be found.

Stern is a total greenie riding on its bandwagon and doing very nicely out of it – thank you very much. He has heaped abuse on those who question the extent of human-induced global warming scam.

When the whole IPCC fiasco is now unravelling the Tories do this. Instead of building on the revelations about the fraud and the manipulation of data and the lining of their own nests and the deceit etc which are coming out thick and fast every day – they do this. It is utterly beyond comprehension

Labour, Libs and Tories have all blown it. That leaves us in such a quandary about voting as all mainstream options have now been removed.

This post was mentioned on Twitter by libcon: Osborne red-faced after Lord Stern backs away http://bit.ly/dzcTEk...