American Elephants

Climate Change is Now a $1.5 Trillion Industry by The Elephant's Child

climate-changeThe Climate Change Business Journal has calculated that Climate Change is now its own $1.5 trillion global “climate change industry” that is growing at between 17 and 24 percent annually from 2005-2008. Following the recession, growth slowed to between 4 to 6 percent with the exception of a bump in 2011 of 15 percent growth. These results were published in the Insurance Journal, for the climate journal is not available for free online.

The publication includes nine segments and 38 sub-segments including renewables, green building and hybrid cars. It also includes the climate change consulting market which the journal estimates at $1.9 billion worldwide, and $890 million in the U.S. The consulting market is expected to double in the next five years. The report’s authors believe the climate change industry as a whole will grow even faster. The Climate Change Consulting market  had billings of $600 million in 1976 and today generates $27 billion.

One of the most lucrative segments of the industry is consulting, risk management, and of course legal and other professional services. That’s why “green” businesses donate so heavily to politicians who believe in global warming issues. Policy is one of the biggest drivers of growth in the industry. If Obama’s Clean Power Plan survives legal challenges it may be a big driver of further growth.

So if “Big Green” is a $1.5 trillion industry, that will buy a whole lot of scientists around the world. It is a major funder for the Democratic Party along with unions. And it is an industry that can survive only by relying on the coercive powers of government. That’s a lot of crony capitalism.

10 Comments so far
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Reblogged this on Utopia – you are standing in it!.


Comment by Jim Rose

Reblogged this on Tallbloke's Talkshop and commented:
So this is what they mean by ‘runaway climate change’.


Comment by oldbrew

Funny, when you get into the trillions, suddenly things look a little different.


Comment by The Elephant's Child

Reblogged this on the WeatherAction News Blog and commented:
Ponzi. Bubble. Pyramid.

Heaven help us when it goes down.


Comment by craigm350

Reblogged this on pgtruspace's blog and commented:
This “industry” con game has been growing for a long time. Maybe as long as humans have had wealth. ”
“give me wealth and I will intercede with the gods that are angry and causing climate change.”


Comment by p.g.sharrow

Reblogged this at Pgtruspace Blog;
This Con game has been in operation as long as humans have had such things.
“Give me your wealth and I will intercede with the gods that are angry with you and causing this terrible weather.”…pg


Comment by p.g.sharrow

Coincidence that Scientists are dying mysteriously around the world that dispute Global Warming? 1.5 Trillion business will remove thousands more scientists to keep the Fraudulent income of fees and taxes from the American public for this FRAUD!


Comment by Julian B Duron

What’s Up?

Many of us suspect something, but none of us know what.

See Jeff Condron’s blog: What’s Up?


Comment by omanuel

Yes. You might read steadily some of the websites recommended by Jeff Condron, particularly WattsUpWithThat (Anthony Watts is a meteorologist, and his blog is widely recommended), Roy Spencer (Climate Scientist and the source of the only worldwide satellite climate temperatures), Judith Curry (Climate Scientist), Jo Nova (Australian climate writer), and Climate Depot (assembles the climate news from all over)

There are lots of true believers who have never looked into the science. There are lots who regard global warming as the best ting they have going to destroy capitalism. Way too many who find it extremely financially rewarding –especially those who take advantage of govt. subsidies. Nir Shaviv is an Israeli astrophysicist. He accepted the conventional wisdom that global warming was a big problem until he realized that he’d really better look into the science of the claims, did so, and became a skeptic. His work is showing that the sun is the defining factor. As for me, I grew up very rural in the mountains of Idaho mostly outside and in constant awareness of the weather. Sally Jewell, Sec. of Interior spoke to her new department on her first day and said “I hope there aren’t any deniers here.”


Comment by The Elephant's Child

[…] Climate Change is Now a $1.5 Trillion Industry […]


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