Posted on 10/27/2021 8:45:12 AM PDT by Oldeconomybuyer
Al Gore's investment management firm will launch a new climate-focused asset fund ahead of COP26, the global climate conference that begins next week.
The new fund is backed by a household-name group of investors. Those include Microsoft's Climate Innovation Fund, the IMAS Foundation—a foundation tied to the parent foundation that controls IKEA—Harvard Management Company, which invests Harvard's endowment, an impact investing subsidiary of Goldman Sachs, Hall Capital Partners, and the investment fund of the Republic of Ireland.
The group behind the fund said it would invest in "catalytic" climate solutions in energy, transport and industry, as well as "natural" climate solutions, food, agriculture and oceans. One thing missing in the fund's initial announcement, however, are the numbers—it's not yet clear how large it will actually be. Generation had about $36 billion under management as of June 2021, according to its website.
(Excerpt) Read more at msn.com ...
Al Gore was trying to make money off this until his carbon-exchange bombed during the Obama days.
He’s doing quite well with the capitalism that he pretends to hate.
As soon as the coin in the coffer rings, the soul from regulatory Hell springs.
I recall at one point the Gore family had lots of mineral rights along with over 50,000 shares of Oxidental Petroleum.
AlGore is a bigger thief than even Dementia Joe.
Maybe, but he’s not in charge of the country, so it doesn’t matter so much.
“The group behind the fund said it would invest in “catalytic” climate solutions in energy, transport and industry, as well as “natural” climate...”
“catalytic” climate solutions” = carbon credits. i guess geedy Al doesn’t have enough money yet.
Crypto Carbon Credits?
So much efforts to solve on imaginary problem!
What a lot of people probably never heard of or by now may have forgotten was when it came up for a vote to either tax or not tax social security, famous Al Gore acted as the tie breaker so social security would be taxed. He is a despicable human, putting it mildly even his wife finally got her fill of him giving him the walking papers.
Gores’s new climate-focused asset fund full of “foundations” is just a giant money laundering entity being set up for the cash flow they’re expecting.
Getting real chummy, ain't it.. Anyone with half a brain knew all along that it was all about the money.. When they say "green", those rotten sons ain't talking about the environment..
Sure, of course they'll get away with it..
So they invest in drilling and oil and gas and automotive industry.
So this guy is no true believer. Just about money.
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