Follow the money...
Biased BBC: Fingers In Pies...
Guess what? The man responsible for looking after the fat pensions of the boys and girls at the BBC is a climate change fanatic, and he is part of an international group of investment managers who bust a gut to invest in 'climate change' schemes. He's called Peter Dunscombe, and he runs the £8.2bn corporation pension fund, advising trustees on a day-to-day basis about their investments. Mr Dunscombe, who addresses conferences about 'ethical investments', is also chairman of the Institutional Investment Group on Climate Change(IIGCC), which has 47 members and manages four trillion euros' worth of investments; yes, four trillion. Their goal is to find as many 'climate change' investment opportunities as possible:
The IIGCC Investor Statement on Climate change was launched in October 2006. Asset owners and asset managers who signed the Statement committed to increasing their focus on climate change in their own processes and in their engagement with companies and governments.
So now we really know why BBC staffers are so fanatical about 'climate change'. It's naked self-interest. In 2008, there were 18,736 contributors to the BBC pension fund; every man jack of them benefits from climate alarmism.
(h/t anonymous eagle-eyed B-BBC contributor)
Update: I've been going through the latest BBC Pensions Trust report, and it reveals that Helen Boaden, who is the overall boss of the BBC's news and current affairs operation, was appointed to the trust in 2008. So the woman who tells environment reporters such as Roger Harrabin and Richard Black that the science is settled also works to maximise the returns of the pension fund with Peter Dunscombe. I thought that needed spelling out fully, just in case any subtleties might be missed.
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4 comments:
Good spot AdamS, typical social engineering Fabian goons ripping the rest of us off to guarantee endless champagne supplies when they finally retire. Unlike the rest of us. White cider and the chain gang.
This is a very worrying story - a lesson in unintended consequences of industry funds and 'ethical' investing. I hope this is developed further - what percentage and amount of money, what is the perception of the staff.
There you are, and we were falsely accusing the BBC of being naive socialists. Its always, always …. the money.
I have blogged this to JoNova. MichaelC58
There are two kinds of socialists - the naive ones, and the ruling class who are in it for themselves.
The blind leading the blind.
Oh actually there is a third kind: anarcho-socialists. I like them.
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