Telegraph report alleges ‘conflict of interest’ in climate expert Pachauri’s role
21 Dec 2009
Dr Rajendra Pachauri top UN climate change boss stands accused of making a 'fortune' from his links with carbon trading companies dependent on the world body's policy recommendations.
Launching a broadside against Pachauri in a special report, The Sunday Telegraph says Pachauri, a railway engineer with a PhD in economics has no qualifications in climate science.
The article goes on to level serious allegations about his business interests in organisations that have been investing billions of dollars with a view to profiting from the Intergovernmental Panel on Climate Change's polity recommendations.
''These 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,'' the report says.
The report says, ''Today, in addition to his role as chairman of the IPCC, Pachauri occupies more than a score of such posts, acting as director or adviser to many of the bodies that play a leading role in what has become known as the climate industry.''
The newspaper, however, did not carry Pachauri's reaction to the allegations.
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