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Russian Aluminium Oligarch Finances Blair’s Climate Change Charity

December 10, 2014
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By Paul Homewood 

 

Mr Blair has attracted millions of pounds in donations from the super-rich

 

Sorry to spoil your lunch, but I was reading a Sunday Telegraph report on Tony Blair’s charity activities, when I spotted this:

 

Oleg Deripaska, a Russian oligarch and close friend of Mr Blair’s former cabinet colleague Lord Mandelson, spent £300,000 co-funding a little-known charity run by Mr Blair, which lobbied governments over climate change, called Breaking the Climate Deadlock. Mr Deripaska, a Russian oligarch worth £4 billion, is president of the world’s largest aluminium company Rusal.

 

Now, I wonder why a Russian aluminium oligarch would give money to lobby for the sort of action on climate change that has already led to the closure of the Anglesey and Lynemouth aluminium smelters, in large part because of high energy costs? Or the sort of policies that, according to Metal Bulletin, could lead to the shutdown of most EU smelters?

 

The reality is that there is a worldwide surplus of output, because of rising output in China, and also the Middle East where energy is cheap. As a result, aluminium prices are close to or below break even for a large chunk of global capacity. Even Rusal themselves are affected, and have been cutting back on capacity.

What better way then to bring global capacity back into balance, and push prices back up, than to persuade western governments to sign up to suicidal climate policies, which will spell the death knell for their aluminium industries?

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12 Comments
  1. Herve D permalink
    December 10, 2014 12:29 pm

    Economic world has always been (and will remain) a fight between smart parties: the smartest win, others disappear. This rusian billionnaire discovered the british weakness (global warming scam as a new religion) and exploited it. Alike Gasprom supposed to fund anti-fracking green actions in Europe.
    Well done in the world game. But we are on losers’ side…

  2. Retired Dave permalink
    December 10, 2014 2:17 pm

    No Paul that nice Mr Bliar has only the good of working people at heart – sorry sarc off.

    One of my Great Uncles was on the Labour Party National Council (or whatever it was called back then) in 1920/30’s. If you could bring him back today he would beat these rich, fraudulent, champagne socialists with a big stick.

  3. December 10, 2014 2:17 pm

    The University of Wyoming named it’s STEM building after one of our senators. This would be where global warming is taught and studied, along with the super computer our state paid to bring in and have “prove” that all of the industries that support the state, state government and University should be shut down to save the planet. I generally consider such behaviour insanity, but it seems it’s just politics now. Charities, even so called “private” ones are mere extensions of politics now too—pillage people’s lives in your business to get rich while gathering other’s money for the poor. Yes, it’s partially greed, but much is just flat out apathy on the part of the public. Until their lights go out (which may be sooner some places than others), no one pays attention.

  4. December 10, 2014 3:33 pm

    Reblogged this on Wolsten and commented:
    Paul Homewood shows that the Blair Legacy is worse than we had thought. I really didn’t need another reason to despise the chap any more…

    • Dave Ward permalink
      December 11, 2014 12:08 pm

      “I really didn’t need another reason to despise the chap any more…”

      I’m SO glad I have the Firefox/Palemoon Add-on “Image Zoom” installed. Even a few seconds looking at this odious cretin gives me severe indigestion. Once I’ve reduced the picture to a few pixels wide, I can safely continue reading…

      • michael hart permalink
        December 14, 2014 2:18 pm

        My first thought was that he now actually looks a bit like a Russian oligarch.

        Whatever. If Oleg Deripaska thought Blair was easily duped then he was probably right. To be fair, so were a lot of other people. But that’s one of the penalties for delegating your thinking to others.

  5. John F. Hultquist permalink
    December 10, 2014 5:00 pm

    *** £300,000 co-funding ***

    Who was the co-funder.
    Did the co-funder fund an additional £300,000, or more, or less?
    How much wider has Tony Blair’s wallet become as a result?
    Inquiring minds want to know.

  6. Kelvin Vaughan permalink
    December 10, 2014 7:00 pm

    On the subject of money, I found this video interesting

  7. December 11, 2014 12:08 pm

    Reblogged this on Globalcooler's Weblog and commented:
    The price of most everything is crashing. Climate solutions are at least partially responsible. Tbere was an article last night that this was a
    prelude to a signifi ant economi crash.

    • December 11, 2014 2:36 pm

      I thought the goal of Global warming solutions was an economic crash. All things industrial are evil and bad and must go.

      • December 12, 2014 2:46 am

        You are absolutely correct. According to a paper by Jaworowski, the original intent was to reduce the population by half. The means was to stifle economic (industrial) development.

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