Article Tags: Christopher Booker, Headline Story, Pachauri Conflict of Interest, Richard North
When Douglas Alexander travelled to New Delhi last September to announce Britain was presenting £10 million to the Energy and Resources Institute (TERI), standing alongside him was an imposing, bearded figure.
Dr Rajendra Pachauri is not only TERI’s director-general but also chairman of the UN’s Intergovernmental Panel on Climate Change (IPCC).
Best known for the moment when he stood with Al Gore to collect the Nobel Peace Prize, Dr Pachauri was the mastermind of the IPCC’s latest monumental report on the dangers of global warming in 2007, giving him huge prestige and influence as the world’s “top climate official”.
Since being elected to the IPCC chairmanship five years earlier, he has been appointed to more than 20 positions, including directorships and advisory roles to major banks and investment firms.
Dr Pachauri insists that the millions of dollars he receives for these posts are all paid to his Delhi-based institute and not to him personally. But during the same period he has also presided over a massive expansion of TERI’s empire.
Source: telegraph.co.uk