New Delhi, April 19 -- In Washington, the most revealing truths are rarely spoken at podiums. They surface in unguarded conversations, in metaphors that slip past rehearsed talking points, in moments when insiders forget they are being watched.

That is precisely why the "gold bars off the Titanic" remark, captured in undercover footage released by Project Veritas, has detonated far beyond its origin. It did not read like spin. It sounded like disclosure.

"we're throwing gold bars off the Titanic"

The line, delivered by a former adviser within the US Environmental Protection Agency, has since become the defining metaphor of a controversy that now engulfs $20 billion in taxpayer-funded climate spending. What Project Veritas presented was...