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?
