Another $1m pay day for Blair as the former PM lands a job as a climate change guru
2010 05 26
By Jason Groves | DailyMail.co.uk
Tony Blair has landed a lucrative job advising an American billionaire on how to make money out of tackling climate change.
The former Prime Minister is expected to be paid at least a million dollars (£700,000) a year to act as a ’strategic adviser’ to Khosla Ventures, a firm of venture capitalists based in California’s Silicon Valley.
The firm, set up by Indian-born dollar billionaire Vinod Khosla, backs firms looking to make a fortune out of developing technology to tackle climate change.
New partnership: Khosla Ventures founder Vinod Khosla looks on as former Prime Minister Tony Blair speaks during the Khosla Ventures Cleantech Discussion in Sausalito, California
Mr Blair, who recently told friends he needs to make £5million a year to get by, already has an international role advising world leaders on climate change.
In his new job he will be expected to cash in his contacts to help open doors for the firm, further blurring the boundaries between his public roles and private earnings.
Mr Khosla said that ’with Tony’s advice and influence we will create opportunities for entrepreneurs and innovators to devise practical solutions that can solve today’s most pressing problems’.
Khosla Ventures declined to comment on Mr Blair’s salary, but industry sources suggested he was likely to earn at least £700,000 a year.
The money will be channelled through Mr Blair’s secretive network of companies, which make it impossible to pinpoint exactly who is employing him and how much he is earning.
In a statement yesterday Mr Blair insisted that his work for the firm could make a contribution to saving the planet.
He said: ’Solving the climate crisis is more than just a political agenda item, it’s an urgent priority that requires innovation, creativity and ambition.
’I share a clear vision with Vinod, one of the earliest leaders in clean-tech investment, that entrepreneurs in Silicon Valley and beyond will have a tremendous impact on our environmental future.’
Mr Khosla, 55, said the arrangement with Mr Blair would allow him to ’ask Tony for advice’ on environmental policy and other topics.
He told the Wall Street Journal: ’Tony’s going to help us in many areas that techie nerds like us in Silicon Valley don’t understand.’
The new job is the latest in a string of lucrative posts taken up by Mr Blair since he left office in June 2007.
Earlier this year he was accused of cashing in on his Iraq War contacts after it emerged that his deals included a lucrative contract to advise South Korean oil firm UI Energy Corporation, which has extensive interests in Iraq.
He also has a £1million deal to advise the ruling royal family of Kuwait, which borders Iraq.
He has been paid a £4.6million advance for his memoirs and is thought to have earned at least £9million from public speaking, commanding fees of £100,000 a time.
He has a number of financial consultancies worth at least £2.5million a year and has set up Tony Blair Associates to bid for lucrative consultancy work with foreign governments, particularly in the Middle East.
Aides insist that he and his companies pay tax in the UK.
Article from: DailyMail.co.uk
[Ed Note: Ahh, ’Climate Change’. Where powerful has-beens go to die.]
Al Gore, Global Warming and the Nobel Peace Prize for Dummies (2007)
UN Goons Silence Journalist Who Questions Gore On Climategate
Inconvenient truth for Al Gore as his North Pole sums don’t add up
Al Gore Weighs In On Climate Gate (Video)
Take back Al Gore’s Oscar, 2 Academy members demand in light of Climategate
The inconvenient truths Mr Gore and his fanatical friends DIDN’T tell you about climate change
Al Gore Admits CO2 Does Not Cause Majority Of Global Warming
Al Gore Set To Become First “Carbon Billionaire”
Gore: U.S. Climate Bill Will Help Bring About ‘Global Governance’
Obama vows to end global warming ’denial’ after Gore talks
Prince Charles Addresses the World Future Energy Summit as a Hologram
Prince Charles urges people to abandon car in favour of walking and public transport
’Green’ Prince Charles, the private jets and a bill for £1.3m
Prince Charles: 100 months to save the world
I Have No Regrets says Defiant Blair
Blair Agrees with Eco-fascists: Even if Science is Wrong, World Must Do Something on Climate
Is Blair trying to cash in on climate change?
Lectures see Tony Blair earnings jump over £12m
Blair went to war on a lie, law lords told
£10m and rising... Blair coffers swell with another job in the City
Latest News from our Front Page
Recent Israeli Synagogue Attack, a Possible False Flag?
2014 11 21
Dear Friends - I woke up yesterday morning to see a newspaper lying on the kitchen table with the front page proclaiming that five people were slain in an Israeli synagogue after a so-called "Palestinian attack." Some members of the media said that four people were killed, others said five, so it seems like that there was some confusion (or ...
The Michael Brown Shooting, Race Baiting for Political Power and Militarization of the Police
2014 11 21
From Youtube: The evidence clearly shows that Officer Darren Wilson was justified in shooting Michael Brown, so why is this case being hyped by the mainstream media and the leftist political establishment?
Ancient Aryan Mummies and Pyramids of China
2014 11 21
After years of controversy and political intrigue, archaeologists using genetic testing have proven that Caucasians roamed China’s Tarim Basin thousands of years before East Asian people arrived.
The research, which the Chinese government has appeared to have delayed making public out of concerns of fueling Uighur Muslim separatism in its western-most Xinjiang region, is based on a cache of ancient dried-out ...
Detekt: A New Malware Detection Tool That Can Expose Illegitimate State Surveillance
2014 11 21
Recent years have seen a boom in the adoption of surveillance technology by governments around the world, including spyware that provides its purchasers the unchecked ability to target remote Internet users’ computers, to read their personal emails, listen in on private audio calls, record keystrokes and passwords, and remotely activate their computer’s camera or microphone. EFF, together with Amnesty International, ...
New UK spy chief says tech giants aid terrorism, privacy not ‘absolute right’
2014 11 21
Robert Hannigan, the new head of GCHQ
The new head of Britain’s GCHQ, the UK equivalent of the NSA in the U.S., said he believes privacy is not an absolute right and that tech giants must open themselves up to intelligence agencies.
“GCHQ is happy to be part of a mature debate on privacy in the digital age,” Hannigan said. “But privacy ...
|More News » |