Posted on 11/03/2009 11:54:14 AM PST by Schnucki
Al Gore has been accused of profiting from the climate change agenda amid claims he is on course to become the world’s first “carbon billionaire”.
The former US vice president is in line to make a large profit from a firm producing smart meters which monitor household electricity use.
He is a partner in a Silicon Valley venture capital firm which invested £45 million in Silver Spring Networks, a small California company which has been developing technology to monitor household power use to make the electricity grid more efficient.
Last week the US Energy Department announced £2 billion in grants and a proportion of that, thought to be more than £305 million, will go to utility operators with which Silver Spring has contracts.
The venture capitalists who invested, including Mr Gore, now look set to receive a handsome return.
Since leaving office Mr Gore has campaigned relentlessly on green issues. His 2006 film “An Inconvenient Truth”, which followed his attempts to educate people about the dangers of global warming, won an Oscar for best documentary. It showed Mr Gore giving comprehensive slide shows about the catastrophic effects of climate change. He has presented the slide show more than 1,000 times.
Mr Gore, who won a Nobel Prize in 2007, has also just published his latest book on global warming “Our Choice: A Plan to Solve the Climate Crisis” which advocates new energy saving technologies and policies.
Since he quit mainstream politics, Mr Gore’s personal fortune has risen from £1.2 million to an estimated £60 million.
He has made significant investments in environmentally friendly projects like carbon trading markets, solar power, biofuels, electric vehicles, sustainable fish farming and waterless lavatories. He has also invested in non-climate change related investments, including putting money into Google and Apple.
Mr Gore
(Excerpt) Read more at telegraph.co.uk ...
this is news?..only news is media’s reporting this
Algore’s own house is a testimony to his hypocrisy, or at the very least, his extreme elitism.
His house uses 12 times the average energy in utility power.
Someone posted a pic of his house, and I saw not one solar panel or wind turbine in the vacinity.
We (the Right) have been saying this for a few years now. The UK Press just picks it up.. the US Press will write about it in another month or so.
Free-market bump....and a hypocrite bump to the goracle.
This is UK media - get back to me when the US media mentions it...
Any Costco members here? Didn’t you just LOOOOOVE seeing Algore’s lovely face on the front cover of this month’s magazine?
Unless you have been stuck in a cave somewhere....
Everyone knows how much Big Al is gonna make when this climate crap goes through.
Smart meters?
I doubt those things would even pick up a hint of a signal around AlBore!
yeah know that........
Aren’t they about 5-6 years late on this?
"> 
Do YOU see any solar panels or wind towers?
ABC’s Sawyer Hits Gore on Profits From Global Warming, Plays Glenn Beck Attack
Who woulda thunk it?
Maybe my cynic-meter needs re-calibration...
no’pers
>> Someone posted a pic of his house, and I saw not one solar panel or wind turbine in the vacinity. <<
NIHBY
Not in His Back Yard
*shruggs*...just saying...*grins*
It looks like the home of a greedy capitalist planet trashing pig to me.../s
Another family could move in with them and they wouldn't even know it.
An investigation by the Tennessee Center For Policy Research published in February, 2006, focused on Al Gore’s 10,000 square foot house in Belle Meade area of Nashville. The former senator and former presidential candidate has been a leading voice for the environment and energy conservation. His global warming documentary An Inconvenient Truth won an Oscar for Best Documentary for 2006. In the film he urges consumers to conserve energy by reducing the amount of electricity used at home.
Using figures from the Nashville Electric service, the report says that Gore’s house used 221,000 221,000 kWh of electricity in 2006, more than 20 times the national average of 10,656 kWh. The report says the gas usage of Gore’s home is high as well and that Gore spent more than $30,000 in combined electricity and natural gas bills in 2006.
An article in Cowboys And Indians magazine focused on the 4,000 square foot Bush ranch in Crawford, Texas. It paints an entirely different picture than that of the Gore mansion.. George Bush is described as saying that when he bought the property, he wanted something in middle America so he could “stay in touch with real Americans.” Architect David Heyman was asked to design the single story home. Bush said he wanted everything on the ranch to blend with the environment. The passive-solar house is built of honey-colored native limestone and positioned to absorb winter sunlight, warming the interior walkways and walls of the 4,000-square-foot residence. Geothermal heat pumps circulate water through pipes buried 300 feet deep in the ground. These waters pass through a heat exchange system that keeps the home warm in winter and cool in summer,” according to the article. “A 25,000-gallon underground cistern collects rainwater gathered from roof urns; wastewater from sinks, toilets, and showers cascades into underground purifying tanks and is also funneled into the cistern. The water from the cistern is then used to irrigate the landscaping around the four-bedroom home. Laura Bush insisted on the use of indigenous grasses, shrubs, and flowers to complete the exterior treatment of the home..”
It is time for a collective DUH!!!!!!
I wonder when CNN will pick up on this...
crickets
grab a chair
He has been for years. The media is finally catching on now? He isn’t as popular a democrap figure anymore so they can report on this? Wow!
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