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Science/Tech See other Science/Tech Articles Title: Al Gore Set To Become First “Carbon Billionaire” : CO2 tax agenda front man lining his pockets on the back of global warming fearmongering The New York Times has lifted the lid on how Al Gore stands to benefit to the tune of billions of dollars if the carbon tax proposals he is pushing come to fruition in the United States, while documenting how he has already lined his pockets on the back of exaggerated fearmongering about global warming. As is to be expected, the article is largely a whitewash and takes an apologist stance in defense of Gore. However, the NY Times‘ John M. Broder does reveal how one of the companies Gore invested in, Silver Spring Networks, recently received a contract worth $560 million dollars from the Energy Department to install “smart meters” in people’s homes that record (and critics fear could eventually regulate) energy usage. “Kleiner Perkins and its partners, including Mr. Gore, could recoup their investment many times over in coming years,” states the report, highlighting the fact that Gore is “well positioned to profit from this green transformation, if and when it comes.” “Critics, mostly on the political right and among global warming skeptics, say Mr. Gore is poised to become the world’s first “carbon billionaire,” profiteering from government policies he supports that would direct billions of dollars to the business ventures he has invested in,” writes Broder. Since he left office, Gore’s personal net worth has skyrocketed on the back of his advocacy for global warming issues and the financial dividends this has reaped. Gore’s assets totaled less than $2 million in 2001 and although he refuses to give a figure for his current net worth, a recent single investment of $35 million in Capricorn Investment Group, a private equity fund, illustrates just how fast Gore has enriched himself from his climate change bandwagon. The Times report notes how Gore “has a stake in the world’s pre-eminent carbon credit trading market.” As we reported back in March, before he became President Barack Obama also helped fund the profiteers of the carbon taxation program that he is now seeking to implement as law. The Chicago Climate Exchange (CCX) has direct ties to both Al Gore and Maurice Strong, two figures intimately involved with a long standing movement to use the theory of man made global warming as a mechanism for profit and social engineering. Gore’s investment company, Generation Investment Management, which sells carbon offset opportunities, is the largest shareholder of CCX. Maurice Strong, who is regularly credited as founding father of the modern environmental movement, serves on the board of directors of CCX. Strong was a leading initiate of the Earth Summit in the early 90s, where the theory of global warming caused by CO2 generated by human activity was most notably advanced. Both Strong and Gore come from the Club of Rome clique, who in their 1991 Report, “The First Global Revolution” openly admitted how they were planning to exploit the contrived hoax of global warming in order to further their agenda. “In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill. All these dangers are caused by human intervention, and it is only through changed attitudes and behavior that they can be overcome. The real enemy then, is humanity itself.,” they wrote. Gore’s defense against claims that he is peddling fearmongering about global warming to get filthy rich, and one dutifully supported by the NY Times’ whitewash report, is that he is simply putting his money where his mouth is. However, Gore’s insistence that he is walking the walk, not just talking the talk, doesn’t seem to extend to his own private life in the context of energy conservation and CO2 emissions. While lecturing the world about reducing CO2 emissions and saving energy, Gore’s own mansion uses 20 times the energy of the average American home. In February 2007, the Tennessee Center for Policy Research revealed that the gas and electric bills for the former vice president’s 20-room home and pool house devoured nearly 221,000 kilowatt-hours in 2006, more than 20 times the national average of 10,656 kilowatt-hours. These figures were not disputed by Gore. “If this were any other person with $30,000-a-year in utility bills, I wouldn’t care,” said the Center’s 27-year-old president, Drew Johnson. “But he tells other people how to live and he’s not following his own rules.” Snip.... See also: www.nytimes.com/2009/11/0...ironment/03gore.html?_r=1 "Gore’s Dual Role: Advocate and Investor"
Poster Comment: Some cut and paste from the "see also" NYT article cited above - savor the humor of the last sentence - enjoy! "...Mr. Gore, who shared the 2007 Nobel Peace Prize for his climate advocacy, is generally received on Capitol Hill as something of an oracle, at least by Democrats. But at the hearing in April, he was challenged by Ms. Blackburn, who echoed some of the criticism of Mr. Gore that has swirled in conservative blogs and radio talk shows. She noted that Mr. Gore is a partner at Kleiner Perkins, which has hundreds of millions of dollars invested in firms that could benefit from any legislation that limits carbon dioxide emissions. “I believe that the transition to a green economy is good for our economy and good for all of us, and I have invested in it,” Mr. Gore said, adding that he had put “every penny” he has made from his investments into the Alliance for Climate Protection. “And, Congresswoman,” he added, “if you believe that the reason I have been working on this issue for 30 years is because of greed, you don’t know me.”
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