Much has been made lately of the Heartland’s Institute’s implosion over it extreme position on climate change. In February there was the revelation of internal strategy documents that included a plan to promote climate change scepticism in schools. In early May they unveiled a billboard equating those who believe in global warming with the Unabomber.
In the resulting uproar, nearly 50% of the Heartland Institute’s projected corporate donors for 2012 have pulled out. The funding drop has been so dire that at Heartland’s latest climate change sceptics conference in Chicago last month, Heartland president Joe Bast was reduced to asking the audience to find a ‘rich uncle’ to fund future conferences.
But the most telling outcome may prove to be the defection of Heartland’s entire Finance, Insurance, and Real Estate division. As team leader Eli Lehrer told the Guardian
“As somebody who deals mostly with insurance I believe all risks have to be taken seriously and there certainly are some important climate and global warming related risks that must be taken account of in the insurance market. Trivialising them is not consistent with free-market thought. Suggesting they are only thought about by people who are crazy is not good for the free market.”
Now coming out and agreeing with every major national science academy in the world may not sound so revolutionary. But it is for a number of reasons.