It turns out that pushing the climate change agenda is not merely an editorial stance at the BBC. The pension fund has also been using its purchasing power to promote green policies. Presumably this means that they have been buying shares in green companies, shares that might not turn out to be quite as lucrative if it transpires that the threat of global warming has been grossly overplayed. Ooops!
Still the good thing about being protected by a government enforced monopoly is that you can easily fund the deficit in your pension fund by spending less on making programmes. The public still have to pay, do they not?
Monday, 8 February 2010
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