Climate Money
• Reid Bryson has been considered as "the father of scientific climatology". He passed away in 2008, aged 88, and one of his observations was: "If you want to be an eminent scientist you have to have grad students and a lot of grants. You can't get grants unless you say, 'Oh, global warming, yes, yes, carbon dioxide.'"
• "Phil Jones is the Director of the CRU and the man at the heart of Climategate. According to one of the documents from his center, between 2000 and 2006 Mr. Jones was the recipient (or co-recipient) of some $19 Million worth of research grants."
– Wall Street Journal, December 2, 2009
• In an equivalent period of intellectual hysteria during the rampant inflation in the early 1800s, Goethe dryly observed: "Most men only care for science so far as they get a living by it, but they will worship error when it affords them a subsistence."
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Author: Bob Hoye
Bob Hoye
Institutional Advisors
The opinions in this report are solely those of the author. The information herein was obtained from various sources; however we do not guarantee its accuracy or completeness. This research report is prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance.
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