Posted on 03/03/2007 6:52:00 AM PST by kellynla
Al Gore defends his extraordinary personal energy usage by telling critics he maintains a "carbon neutral" lifestyle by buying "carbon offsets," but the company that receives his payments turns out to be partly owned and chaired by the former vice president himself.
Gore has built a "green money-making machine capable of eventually generating billions of dollars for investors, including himself, but he set it up so that the average Joe can't afford to play on Gore's terms," writes blogger Dan Riehl.
Gore has described the lifestyle he and his wife Tipper live as "carbon neutral," meaning he tries to offset any energy usage, including plane flights and car trips, by "purchasing verifiable reductions in CO2 elsewhere."
But it turns out he pays for his extra-large carbon footprint through Generation Investment Management, a London-based company with offices in Washington, D.C., for which he serves as chairman. The company was established to take financial advantage of new technologies and solutions related to combating "global warming," reports blogger Bill Hobbs.
(Story continues below)
Generation Investment Management's U.S. branch is headed by a former Gore staffer and fund-raiser, Peter S. Knight, who once was the target of probes by the Federal Election Commission and the Department of Justice.
Hobbs points out Gore stands to make a lot of money from his promotion of the alleged "global warming" threat, which is disputed by many mainstream scientists.
"In other words, he 'buys' his 'carbon offsets' from himself, through a transaction designed to boost his own investments and return a profit to himself," Hobbs writes. "To be blunt, Gore doesn't buy 'carbon offsets' through Generation Investment Management he buys stocks."
As WND reported, Gore, whose film warning of a coming cataclysm due to man-made "global warming" won two Oscars, has a mansion in the posh Belle Meade area of Nashville that consumes more electricity every month than the average American household uses in an entire year, according to the Tennessee Center for Policy Research, citing data from the Nashville Electric Service.
The think tanks says since the release of Gore's film, the former presidential candidate's energy consumption has increased from an average of 16,200 kilowatt-hours per month in 2005, to 18,400 per month in 2006.
A friend of mine coined the phrase "Gore's Church of Pollution Absolution." I think it's very apt and we should spread it around. Wish Rush could get hold of it.
close ... a townhouse
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Oh I forgot about that story
Al's Company... Generation Investment Management
* We research sustainability themes that have the potential to impact the long-term operating context for business such as:
* Climate Change
* Pandemics / HIV/AIDS
* Poverty / Real Needs
* Water
* Human Capital
* Lobbying
* Corporate Governance
* Stakeholder Engagement
* Bribery / Corruption
* Demography / Urbanization
This first 5 on the list below can be media, tax dollar & Democratic Policy manipulated which is like free money.
Like owning military stocks before Bush budget increases and asking the Federal Reserve to print Trillions of free dollars to finance guns and butter programs.
News Releases From Al's News Room:
A must read from Al & his partner Mr. Blood.
In the News: The following article appeared in The Wall Street Journal's Commentary section on 28 March 2006: For People and Planet.
Take your time reading this news release it's thick with Gore & Blood version of capitalism.
Algore's money trail is worse than the Kennedy's. Does he still own stock in Occidental?
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
He and his father were /are both on the board of directors
and stockholders.
He gets a major income from this mess:
http://www.freerepublic.com/focus/news/1794519/posts?page=58#58
Thank GOD for the United States Supreme Court. The U S really dodged a major bullet in Dec 2000. Can you folks imagine what our country would be like under this fat lunatic. It's way beyond me how this phony-baloney has avoided the men with the butterfly nets this long.
BINGO!
Mo....from all I have heard...and read...this whole thing is a SCAM.
Not only is he making money and an OSCAR, fgs, over a bogus "global warming" myth...but, now he has devised a scheme to make money on "carbon offsets".
I heard someone on the radio explain this "carbon credits" thing like someone on a diet who eats a whole pizza...but, then drinks DIET coke to OFFSET the calories.
WELL...drinking a diet drink does NOT mean the calories you just ate disappear!!!
Gore is trying to make all believe that he can use as much as he wants....so long as he BUYS OFFSETS!!
I want to know what an "offset or credit" looks like...do I need a wallet or a bank vault, or a backyard, or an acre of land to put this on!!!
WTH is it???
AND...everytime I see a PSA on TV with little kids giving us tears and puppy dog eyes....telling us to "fights global warming"...I just wanna throw up!
Yes I know that part is BS
But I want to know what and who his investment company is investing into??
People are paying a monthly fee for this crap ... where is the money going?
OMG, this is getting better every day! It would be impossible to write satire that was more absurd than this!
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