Another Scandal? Pachauri Linked With Big Business

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The Daily Telegraph is running story questioning the business connections and integrity of Dr. Rajendra Pachauri, chairman of the UN's Intergovernmental Panel on Climate Change (IPCC) and co-author of its latest report in 2007. Pachauri, often described as the world's top climate scientist but actually an economist by training, has myriad connections in the business world and some questionable conflicts of interest.Writes the Telegraph's Christopher Booker and Richard North:

What has also almost entirely escaped attention, however, is how Dr Pachauri has established an astonishing worldwide portfolio of business interests with bodies which have been investing billions of dollars in organisations dependent on the IPCC's policy recommendations.

These outfits include banks, oil and energy companies and investment funds heavily involved in 'carbon trading' and 'sustainable technologies', which together make up the fastest-growing commodity market in the world, estimated soon to be worth trillions of dollars a year.

Today, in addition to his role as chairman of the IPCC, Dr Pachauri occupies more than a score of such posts, acting as director or adviser to many of the bodies which play a leading role in what has become known as the international 'climate industry'.

It is remarkable how only very recently has the staggering scale of Dr Pachauri's links to so many of these concerns come to light, inevitably raising questions as to how the world's leading 'climate official' can also be personally involved in so many organisations which stand to benefit from the IPCC's recommendations.

Pachauri has now responsed to the allegation to the Times of India, saying:

''These are a pack of lies from people who are getting desperate. They want to go after the guy whose voice is being heard. I haven't pocketed a single penny from my association with companies and institutes. All honoraria that I get goes to TERI and to its Light a Billion Lives campaign for reaching solar power to people without electricity. All my dealings are totally above board.''

There shouldn't be much doubt that global warming skeptics and deniers will latch onto the Pachauri story like they did with the hacked emails from IPCC scientists. The problem for the deniers is that both stories don't contradict the scientific fact of anthropogenic climate change.

More on Pachauri:
IPCC Chairman Rajendra Pachauri Discusses How Climate Change Could Affect 21st Century Society
Rajendra Pachauri at Copenhagen: Attempts to Discredit Climate Science "Will Not Work" (Video Interview)