Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Cheney's banker attacks his policies

Andrew Buncombe
Wednesday 07 February 2007 01:00 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The investment manager who looks after an estimated $5m (£2.5m) of Vice-President Dick Cheney's money has criticised America's energy policy.

In an email to clients - presumably Mr Cheney among them - Jeremy Grantham rails against the country's refusal to confront climate change.

"The US is the only country in which environmental data is steadily attacked in a well-funded campaign of disinformation," writes Mr Grantham, whose comments were revealed by the website thestreet.com.

Of George Bush's call to replace 20 per cent of petrol with ethanol, Mr Grantham says: "US corn-based ethanol, as opposed to efficient, Brazilian sugar-based ethanol, is merely another US farmer-protection programme, made very expensive both directly and indirectly by inflating real agricultural prices."

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in