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Ex-climate minister on board of THREE oil firms (and he’s also got an energy guzzling Scottish castle with 16 bathrooms)

March 23, 2017
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By Paul Homewood

 

h/t Dave Ward

 

 

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http://www.dailymail.co.uk/money/news/article-4339746/Ex-climate-minister-board-3-oil-firms.html

 

Snouts and troughs!

From the Mail:

 

Gamekeeper turned poacher: Ex-Tory MP Charles Hendry has three jobs with oil firms

 

A former climate minister who has plugged green schemes and owns a Scottish castle has three jobs with oil companies.

Ex-Tory MP Charles Hendry has joined the boards of Independent Oil and Gas and its major stakeholder London Oil and Gas, on top of his role as an adviser to international oil giant Vitol.

London Oil and Gas is trying to buy producing assets in North America, the Caspian Sea and west Africa, while Independent has assets in the North Sea and is looking to expand.

Hendry, 57, owns a 20-bedroom castle in Scotland, and is advising the Government for an international conference on reducing carbon dioxide emissions and boosting green energy.

In his time as a minister he once boasted that he wanted the Government to be the ‘greenest ever’.

Yesterday, he said: ‘I am very excited about the potential of the North Sea and I think it is in the national interest for the country to get as much oil and gas from the North Sea as we can. I am a great believer in diversity of energy.’

The former Wealden MP was energy and climate change minister between 2010 and 2012, when he backed a £120million biomass plant in Yorkshire and signed a deal to bring power from Icelandic volcanoes to Britain via undersea cables.

Since leaving office he has taken lucrative roles in the energy sector, including as the director of Atlantic Superconnection, the firm trying to build the undersea cable from Iceland.

He also became chairman of Forewind, a consortium of British and Norwegian energy firms building an offshore wind farm off Yorkshire, having overseen a major energy partnership between the UK and Norway.

Palatial: Hendry, 57, owns Blair Castle - a 20-bedroom castle in Ayrshire, Scotland which is thought to be worth around £2.5m

Palatial: Hendry, 57, owns Blair Castle – a 20-bedroom castle in Ayrshire, Scotland which is thought to be worth around £2.5m

He has since quit both posts for the oil companies. London Oil and Gas says it is working hard to offset emissions.

It adds, on its website: ‘We are constantly looking for new, innovative ideas designed to mitigate the effect of carbon emissions and improve the lives of those affected.’

IOG chief executive Mark Routh said this week: ‘Charles joins the company at an exciting stage of our development and his deep knowledge and experience of the sector will be invaluable.’

It comes as the Government is consulting on giving tax breaks to buyers of ageing assets in the North Sea, in the hopes of keeping the basin going for longer.

In 2011 Hendry bought Blair Castle in Ayrshire, thought to be worth around £2.5million. It has three storeys, 20 bedrooms, 16 bathrooms, an outdoor pool and is set in 260 acres of countryside.

London Oil and Gas declined to disclose Hendry’s salary as a director while his salary as a non-executive director of IOG is expected in the company’s annual report. Another non-executive director earned £28,000 last year.

Hendry has several other business interests, including renting out the Blair Estate he bought with wife Sallie.

It is understood he is advising the Government for an Expo in Kazakhstan this summer when more than 100 nations will discuss cutting carbon emissions.

http://www.dailymail.co.uk/money/news/article-4339746/Ex-climate-minister-board-3-oil-firms.html

 

Saving the world is nice, but business is business!!

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21 Comments
  1. Ian Magness permalink
    March 23, 2017 11:11 am

    Charles Hendry – surely in the premier league of global hypocrites?

    • Joe Public permalink
      March 23, 2017 12:09 pm

      But, a mere apprentice compared to Trougher Yeo.

  2. AlecM permalink
    March 23, 2017 11:15 am

    I’m sure Mr Hendry is a nice person. However, this Rugby School elitist with, I believe, an economics’ education did an immense amount of damage to our economy as an under-minister to criminal Huhne, who also, apparently, works for an energy group.

    We are heading into a significant temperature fall as the Sun’s nuclear processes slow down due to cyclical (179 years and longer) slumber. Let’s hope that Hendry can cope with the cold in his castle as well as the poor UK pensioners who, unlike Hendry, have a basic state pension to heat their poorly insulated council flats whilst government piles on them extra Green Levies knowing there is no CO2 warming**.

    **This has been the case since late 2010 but the Lib Dumbs and the Common Purpose part of the Tories have apparently denied the information so they can get votes from the dim UK voters and the Asian sub-continental clans’ postal voting frauds.

    • Jack Broughton permalink
      March 23, 2017 11:37 am

      You do not need to worry about him being cold, his trough will allow him to buy what he wants and a stand-by generator too. The poor peasants on the estates will suffer, but that is their lot.

      • Sheri permalink
        March 23, 2017 12:41 pm

        They have theirs. Who cares about you?

        (This is the motto of all the environmentalists and wealthy.)

  3. dennisambler permalink
    March 23, 2017 12:02 pm

    “He also became chairman of Forewind”

    Preceded by John Gummer:

    http://www.forewind.co.uk/news/10/15/John-Gummer-to-Chair-Forewind-Ltd.html

  4. NeilC permalink
    March 23, 2017 12:02 pm

    I wonder exactly how many ex-DECC ministers, pollies, and civil servants now have jobs in the private energy companies?

    Next task Paul?

    • March 23, 2017 4:41 pm

      A recent classic was Hugh McNeal, Director of Change at DECC, who had also worked as Chief Executive of the Office for Renewable Energy Deployment at DECC and Deputy Director of Low Carbon Business at BIS, being appointed as CEO of RenewableUK, the wind industry trade body.

      There had long been a revolving door between DECC and the wind industry. When it was the DTI, the wind industry generously loaned personnel to help formulate renewables policy and help author the renewables section of their website which was long identical to sections of the British Wind Energy Association (BWEA, now ReUK) website.

  5. Roy Hartwell permalink
    March 23, 2017 12:12 pm

    Get yourself into fossil fuel companies while they’re cheap to buy then rake in the rewards when the ‘Climate Change’ farce hits the buffers and fossil fuel prices rocket !

  6. Dave Ward permalink
    March 23, 2017 12:35 pm

    “In his time as a minister he once boasted that he wanted the Government to be the ‘greenest ever’.

    Yesterday, he said: ‘I am very excited about the potential of the North Sea and I think it is in the national interest for the country to get as much oil and gas from the North Sea as we can”

    Surely there’s a conflict of beliefs in those two paragraphs? He can hardly want a “greenest ever” Government, and be using lots of evil fossil fuels at the same time. More like his personal wealth is directly related to his investments and employment, and he can see the writing on the wall…

    • Sheri permalink
      March 23, 2017 1:49 pm

      No conflict of beliefs. He simply believes whatever he needs to believe and says whatever he needs to say in order to maximize profits. The only belief involved is making as much money as possible is the way to go.

      • March 23, 2017 2:51 pm

        They don’t hold these beliefs. They are politicians and will say anything that helps fill up their pockets.

  7. Sheri permalink
    March 23, 2017 1:50 pm

    Looking at the picture of his castle, I ‘d have to say housing prices in England are apparently far lower than in the US.

    • RogerJC permalink
      March 23, 2017 2:37 pm

      Seems to be a bit of confusion here – there appears to be two Blair Castles and this trougher only own the smaller one, just 12 bedrooms. The bigger 20 bedroom property is in Perthshire.

      Sheri – this house is in Scotland where property prices are generally much cheaper. Like the USA prices vary greatly depending on location. But in general the further you are from a big city, especially London and the Southeast of England, property prices fall. For £2.5M in London you may get a flat (small apartment) in Central London or a five bedroom house in the better suburbs.

  8. March 23, 2017 4:31 pm

    This man sounds every bit as awful as John Gummer (allegedly now Lord Deben) for his gross troughing on the back of the man made climate change scam, after leaving office. May they all rot in Hell !

    • Sheri permalink
      March 23, 2017 4:40 pm

      It seems a huge percentage of climate scammers either made millions from oil and gas before or after deciding the planet either needed saved or no longer did. Gore comes to mind, as does Steyer. They claim to have divested, but neither gave back the “blood money” they got from oil and gas. I doubt their sincerity.

  9. March 23, 2017 4:58 pm

    Greediest ever?

    • AlecM permalink
      March 23, 2017 8:58 pm

      So far, but never doubt the ingenuity of criminals and bankers.

      • AlecM permalink
        March 23, 2017 8:59 pm

        Also the aristocrats with Royal connections. You can tell this from the Fitz prefix.

  10. It doesn't add up... permalink
    March 23, 2017 9:13 pm

    Hendry was also the author of the eponymous review of tidal lagoon energy:

    https://hendryreview.wordpress.com/#content

    Needless to say, he concluded we should waste more subsidies on expensive, intermittent energy.

    We should also remember that he was an avid proponent of Icelink while a minister, so look out for him at other interconnector projects.

  11. johnbuk permalink
    March 23, 2017 9:48 pm

    “Saving the World” is for others – not the elite.

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