|Where did Pachuari get the money?|
|Written by Kristin McMurray|
|Wednesday, 10 February 2010 14:32|
The New York Times is reporting that the IPCC chairman, Rajendra K. Pachauri is still "greatly admired" in the scientific community despite the IPCC 2007 report being riddled with errors. The article explains away Pachauri's conflicted interests, saying that his expertise is worth the risk. It goes on to paint him as a middle class citizen, brushing off that he recently earned $16,000 in interest on his bank account in India. To earn $16,000 in interest at a three percent interest rate, Pachuari would have almost $533,000 sitting in his bank account, and for two percent, it bumps the amout to $800,000.
Where did the money come from? I highly doubt it'll be from royalties on his latest book.
Pachuari has revealed that he's earned $140,000 from Deutsche Bank, $25,000 from Credit Suisse, $80,000 from Toyota and $48,750 from Yale and also just accepted a position as a strategic adviser for Pegasus.
Given that Pachuari reports making $48,000 a year you have to ask how he can afford to have $230,000 sitting in a bank account.
There are only a few of the fees that Pachauri has said he's accepted. How much more high-paid consultant fees are we not told about? The IPCC chairman needs to open up his books or not accept the consultant fees. Otherwise, he has an financial interest, not scientific, when he says that Global Warming is man-made.
Dr. Pielke Jr. has supported the UN creating a explicit conflict policy, and said that that it is inappropriate for Pachauri to serve as an adviser to companies.
“When I look at Dr. Pachauri’s case I see obvious and egregious problems,” said Dr. Roger A. Pielke Jr., a professor of environmental science at the University of Colorado reported the NYT.
“You need to make sure that advice is advice and not stealth advocacy," said Dr. Pielke.
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