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Showing posts with label Andrew Vallner. Show all posts
Showing posts with label Andrew Vallner. Show all posts

Friday, February 17, 2017

Going cool on cool futures or one last, desperate effort?

Sou | 3:12 PM Go to the first of 11 comments. Add a comment
Earlier today Andy Skuce asked how things were going with the Cool Futures Fund, set up by a bunch of skallywags associated with the dubious and little known Lord Monckton Foundation. Things are not going very well, from the look of things. In 15 months the backers have managed to raise  $57,605 of the $375,000 it wants to pay for the costs of setting up the fund. None of that money is going into the fund itself, it's just to pay the setup or launch costs, or so they say. (They say different things in different places.)

James Delingpole claimed to have contributed, but I couldn't find his donation on the GoFundMe list of 285 donors. (Yes, I looked through the whole list. Maybe he was so humble, for a change, that he donated anonymously.)

If you don't know what the Lord Monckton Foundation is, it's based in Melbourne Australia. A chap by the name of Chris Dawson is the CEO. An article on the Lord Monckton Foundation website said the fund was set up by "friends" of the foundation, including some board members. Not that the foundation seems willing to admit who is on its board.

The Cool Futures Fund isn't based in Melbourne. It says it's being set up in the Cayman Islands, which is where Australia's Prime Minister and other people like to put their extra cash. The project has a number of people associated with it:

Tuesday, June 21, 2016

Buyer Beware: Cool Futures global cooling fund and crowd sourcing

Sou | 10:50 PM Go to the first of 24 comments. Add a comment
If you've got some money to throw away and you feel like betting that global warming is a hoax, you can give it to Jo Nova, David Evans and Chris Dawson. They have set up crowd-sourcing with the stated purpose of setting up a Cayman Islands bank account to "invest and divest, to hedge, donate, and fund research". They also want to "grow a philanthropic hedge fund management company". While they don't say whose research they are going to fund, it's a fair bet that it is aimed at helping Jo and David's blog "research" on Force X, N, and D and the Notch.

The project is called the Cool Futures Funds Management and the target is now $375,000. So far they've collected $43,030, up from $41,130, $38,505, and $16.025 six months ago when James Delingpole wrote about their money-making idea.

Betting the planet will cool and that coal will make a comeback, an endorsement from James Delingpole, the team including a rocket scientist from Luna Park - must be a sure thing, right?