Think Tanks and Monopsony

Via a lead story at Morano’s, and the “SPPI”, since 1989, the United States Government has had a “monopsony” on climate science, meaning there have been few alternative buyers, meaning, of course, that the sellers have been satisfying the principal buyer. Sellers of what? Of science. And what science does the government want to see? Apparently science that maximally inconveniences voters.

In the press release, the amount the US government has spent on anything related to climate ($79 Billion over 20 years, $4 billion per year or 12 dollars per capita) is compared to the relatively small amount that Exxon has spent on, err, “skeptics”. Exxon has spent much less on a single source of naysayer propaganda than the government has spent on earth observation satellites! This proves which way the monopsony twists the facts, apparently.

(How much funding has gone directly to influencing public opinion is 100% in the case of the Exxon money. It is very small in the case of public funding, because, hmm, public funding of information on controversial issues tends to be hard to come by, because, hmm, because the government that is responsible for all this evil is heavily influenced by the think tanks.)

Note that money expended directly on climate research other than earth observation is on the order of $200 million per year, or 70 cents per capita.

According to the press release, in the 20 years at issue, 11 of which have seen Republicans controlling the White House, and 12 of which has seen Republicans controlling the congress, the result has been that governments, “big” businesses and NGOs have been

recruiting, controlling and rewarding their own ‘group-think’ scientists who bend climate modeling to justify the State’s near-maniacal quest for power, control, wealth, and forced population reduction.

… The truth is more crucial than ever, because American lives, property and constitutional liberties are at risk.

Apparently, there is nobody outside the USA interested in climate, it being something like baseball that other people don’t have. Or else, governments everywhere are consistently paying people to tell them stuff that will get them defeated in elections.

Despite all this, I do want to vouch for the monopsony point. There really is some strangeness about the nature of the market for science. The usual impact of a single buyer is to weaken the market position of the seller. It would really be nice if some private nonprofits would pony up for independent climate research.

While I’m entirely serious about that point, think for a minute what you would really do if you were the energy sector and this were really all lies.

See you could shave off a tiny bit of your $1.38 trillion (1,380,000 million dollars) ($1380000000000.00) passing through the energy business every year in the USA alone and use it to fund a climate modeling effort. With 1 % of that money, 13.8 billion, you could buy about 65 times the entire climate science budget of the USA.

With just 0.01% of your gross income, you could easily build a credible climate model that has low CO2 sensitivity, thereby proving the proposed inherent bias in climate modeling (presuming there is one). But maybe you’d rather not bother, and just spend the 0.01% on think tanks.

I need a drink, thanks.