Michael Hintze

Tue, 2012-11-27 21:00Graham Readfearn
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Exclusive: British MP On Climate Committee Advising On Coal Power For $300 An Hour

A BRITISH MP revealed to be holding $400,000 worth of share options in an oil firm while sitting on an influential parliamentary climate change committee is also being paid $300 an hour to advise an Indian company building a coal fired power station, DeSmogBlog has discovered.

Veteran Conservative MP Peter Lilley has billed the New Delhi-based Ferro Alloys Corporation Limited (FACOR) for at least 220 hours of consultancy advice and is still working for the group.

It emerged in The Guardian last week that self-described “global lukewarmist” Mr Lilley, a director with Tethys Petroleum, was also holding $400,000 worth of share options in the company which is drilling for oil and gas in Kazakhstan, Tajikistan and Uzbekistan.

As The Guardian reported, Mr Lilley is also paid by Tethys to attend meetings and provide advice and has received about £47,000 (US$75,000) in the past year.

The UK Parliament’s register of members’ financial interests shows that in the period from January to June this year, Mr Lilley racked up 228 hours of work for Tethys, FACOR and IDOX plc, a document management company where he is also a director.

The register shows how Mr Lilley was paid £37,696 (US$60,360) for 220 hours of “advice on the management and flotation of a power generating subsidiary” by Ferro Alloys Corporation Limited between July 2011 and June 2012.

FACOR is building a 100MW coal fired power station at Randia in the state of Orissa in eastern India to provide electricity to its ferro alloys plant, with excess power being sold to the grid.

Sat, 2012-03-31 14:09MA Rodger
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What The IPCC Ignores, According To The GWPF

This series of posts (123, 4) examines the UK-registered educational charity & climate-change denying think-tank the Global Warming Policy Foundation (GWPF). This fifth post examines one of the assertions made within GWPF Briefing Paper No1. The paper boldly claims that the findings of the UN IPCC are too narrow and that the work of “many scientists” is being ignored.

Can it be true? Is there “an alternative (scientific) view“ being overlooked by the IPCC? This would be a monumental discovery! Forget Briefing Paper No1. Let's examine those overlooked scientists.

Yet despite the importance of this assertion, Briefing Paper No1 only manages to name one of these “many scientists.” He is Syun-Ichi Akasofu whose cited paper will now be examined.

(To be truthful, the work of Akasofu has been critically examined elsewhere but not well enough to entirely dismiss it summarily within the critique of Briefing Paper No1. This fifth post is thus clearing the decks of a bit of clutter ready for an examination of Briefing Paper No1 in the next post.)

Wed, 2012-03-28 10:45Guest
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The Guardian Reveals Key Funder of Global Warming Policy Foundation Is Michael Hintze

Cross-posted with permission from The Guardian
by Graham Readfearn, Leo Hickman and Rupert Neate

Michael Hintze, a leading Conservative party donor who runs the £5bn hedge fund CQS, has emerged as a financial backer of the climate sceptic thinktank founded by former chancellor, Lord Nigel Lawson.

The Global Warming Policy Foundation, launched by Lawson in 2009, regularly casts doubt on the science and cost of tackling climate change in the media and has called on climate scientists to show greater transparency, but has refused to reveal details of its donors. Leading Nasa climate scientist James Hansen calls it “one link in a devious manipulation of public opinion [regarding climate change].”

On Monday, Downing Street was forced to reveal that Hintze was among the leading Tory donors who were invited to privately dine with David Cameron at a “thank you” dinner following the general election in 2010. The revelation that Hintze, who has also donated £1.5m to the Tory party, is connected with climate change scepticism will be an embarassment for David Cameron, who has pledged to lead the “greenest government ever”.

The Guardian has seen correspondence sent by Hintze in which he appears to indicate he is financially supporting the educational charity. Last October, Hintze emerged as a key figure in the lobbying scandal which forced the resignation of the then defence secretary Liam Fox after it was revealed by the Guardian that Hintze had given free office space to Fox's controversial associate Adam Werrity and flown both Fox and Werrity on his private jet. Hintze's former charity adviser, Oliver Hylton, later lost his job at CQS after it was revealed that he was the sole director of Pargav Ltd, a company which paid for Werrity's global travel and derived its income from Conservative party donors.

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