Climate Change / Global Warming & Investing Implications

[sarals]

Pundit Payola...

how do you find these guys???

Steven Milloy is currently a columnist for Fox News. He is also a paid advocate for Phillip Morris[1], and ExxonMobil[2]. From the 1990s until the end of 2005, he was an adjunct scholar at the libertarian Cato Institute.

Milloy runs the website Junkscience.com, which is dedicated to debunking what he alleges to be false claims regarding global warming, DDT, environmental radicalism and ozone depletion among other topics.[3] His other website, CSRWatch.com, is focused around attacking the corporate social responsibility movement. He is also head of the Free Enterprise Action Fund, a mutual fund he runs with tobacco executive Tom Borelli, who is listed as the secretary of the Advancement of Sound Science Center, a nonprofit Milloy operates from his home in Potomac, Maryland .

In January 2006, Paul D. Thacker reported in The New Republic that Milloy has received thousands of dollars in payments from the Phillip Morris company since the early nineties, and that NGOs controlled by Milloy have received large payments from ExxonMobil. A spokesperson for Fox News stated, "Fox News was unaware of Milloy's connection with Philip Morris. Any affiliation he had should have been disclosed." The payments are seen as another example of "pundit payola."

http://en.wikipedia.org/wiki/Steven_Milloy