What The World’s Richest Woman Gina Rinehart Thinks About Climate Change

Does Gina Rinehart want to use Fairfax as a microphone?

A version of this blog originally appeared on DeSmogBlog.

SHE is the richest woman on the planet with a personal fortune approaching $30 billion thanks to her coal and iron ore businesses.

But when it comes to arguably the planet’s most pressing problem – human-caused climate change – the Australian mining magnate Gina Rinehart dismisses out of hand not only the issue, but the expertise of the world’s climate science community.

Now, Rinehart, the head and owner of Hancock Prospecting, has revealed that she wants to use her substantial stakes in two leading Australian media companies to be able to promote the views of climate science deniers.

Earlier this week, the publicly-funded Australian Broadcasting Corporation’s investigative television documentary Four Corners looked at Ms Rinehart’s life story.

Her climate science denial did not appear in the broadcast, but the ABC did ask her about it and has released the answers to a series of questions on the issue of climate change and her promotion of climate scepticism.

The program comes as Rinehart is engaged in a very public fight with the board of Fairfax, the media company which owns the nation’s most respected newspapers the Sydney Morning Herald and The Age.

As reported by Fairfax, Rinehart told the ABC that she would consider selling her 19 per cent shareholding in the struggling company unless she is given three board seats and the right to influence editorial policy. Continue reading “What The World’s Richest Woman Gina Rinehart Thinks About Climate Change”

Wielding power the Rinehart way

IT was one of those “drop your bacon sandwich at the audacity” kind of stories – the sort of revelation that shows what power and influence in a democracy really means.

Australia’s wealthiest individual, Hancock Prospecting chairman Gina Rinehart, loaded up a couple of Federal MPs onto her private jet and flew them to India for a wedding.  What for?

At the time, Rinehart was trying to secure a deal with infrastructure giant GVK, which had shown an interest in buying into some of her coal mine projects. Walking up the aisle was Mallika Reddy, grandaughter of GVK’s founder GV Krishna Reddy. As was reported in Crikey, the two MPs National Senator Barnaby Joyce and Liberal deputy leader Julie Bishop were there to “lend cachet” to Rinehart.

Actually, it wasn’t just two MPs. Unreported at the time, but buried away in the register of interests, was an alteration to Brisbane Liberal MP Teresa Gambaro‘s entry. The change, recorded on 7 July, shows that Gambaro was also on the flight from Perth to India and stayed two nights in Hyderabad.

Continue reading “Wielding power the Rinehart way”