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Gore doesn’t buy “carbon offsets” through Generation Investment Management - he buys stocks
http://www.sec.gov ^
| 03/05/07
| DaveTesla
Posted on 03/05/2007 1:46:41 AM PST by DaveTesla
Gore doesnt buy carbon offsets through Generation Investment Management - he buys stocks
http://www.sec.gov/cgi-bin/browse-edgar?">company=generation+investment+management&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany
http://www.sec.gov/Archives/edgar/data/1375534/000117266107000053/0001172661-07-000053.txt
TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: algore; alphabore; carbonoffsets; globalwarming; gore
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What a scam!
1
posted on
03/05/2007 1:46:44 AM PST
by
DaveTesla
To: DaveTesla
I only see filing data here, no mention of Gore.
Can you interpret this so it makes sense to laymen like me? :)
RD
2
posted on
03/05/2007 1:49:43 AM PST
by
Recovering_Democrat
(I am SO glad to no longer be associated with the party of Dependence on Government!)
To: Recovering_Democrat
Gore's 'Carbon Offsets' Paid to Firm He Owns(Well now, isn't that special.)
World Net Daily ^ | March 2, 2007 | staff
Posted on 03/03/2007 9:52:00 AM EST by kellynla
http://www.freerepublic.com/focus/f-news/1794519/posts?page=176#176
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.
3
posted on
03/05/2007 1:52:29 AM PST
by
DaveTesla
(You can fool some of the people some of the time......)
To: Recovering_Democrat
4
posted on
03/05/2007 1:55:08 AM PST
by
DaveTesla
(You can fool some of the people some of the time......)
To: DaveTesla
5
posted on
03/05/2007 1:56:49 AM PST
by
Dallas59
(AL GORE STALKED ME ON 2/25/2007!)
To: DaveTesla
I know Gore is chairman of GIM. I'm asking how you know he buys STOCKS instead of outright purchases of the "product" of carbon offsets supposedly sold by his bullcrap company.
6
posted on
03/05/2007 2:03:02 AM PST
by
Recovering_Democrat
(I am SO glad to no longer be associated with the party of Dependence on Government!)
To: DaveTesla
What a scam! Yep. "Feel guilty? Then pay me some money, and you won't have to feel that way any more!" All the money spent on carbon offsets is money not going to Rat candidates, that's the only good I see here.
7
posted on
03/05/2007 2:11:52 AM PST
by
hunter112
To: Recovering_Democrat
8
posted on
03/05/2007 2:20:18 AM PST
by
DaveTesla
(You can fool some of the people some of the time......)
To: Mo1; goldstategop; kellynla; BigSkyFreeper
Ping
"that's an investment firm and it doesn't list the stocks they invest in"
Thanks for the lead!
9
posted on
03/05/2007 2:26:46 AM PST
by
DaveTesla
(You can fool some of the people some of the time......)
To: Recovering_Democrat
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AFLAC INC COM 001055102 13315 290036 SH SOLE 237036 0 53000
AQUANTIVE INC COM 03839G105 4615 187533 SH SOLE 153313 0 34220
AUTODESK INC COM 052769106 12712 314813 SH SOLE 257343 0 57470
BECTON DICKINSON & CO COM 075887109 13785 196951 SH SOLE 161408 0 35543
BLACKBAUD INC COM 09227Q100 4765 183627 SH SOLE 150019 0 33608
GENERAL ELECTRIC CO COM 369604103 19565 526856 SH SOLE 430381 0 96475
GREENHILL & CO INC COM 395259104 9473 128623 SH SOLE 105253 0 23370
JOHNSON CTLS INC COM 478366107 13711 159939 SH SOLE 130989 0 28950
LABORATORY CORP AMER HLDGS COM NEW 50540R409 9935 135500 SH SOLE 110800 0 24700
METABOLIX INC COM 591018809 5209 275000 SH SOLE 275000 0 0
NORTHERN TR CORP COM 665859104 14333 236657 SH SOLE 193447 0 43210
NUVEEN INVTS INC CL A 67090F106 7389 142700 SH SOLE 115400 0 27300
STAPLES INC COM 855030102 11921 447410 SH SOLE 365810 0 81600
SYSCO CORP COM 871829107 11085 302161 SH SOLE 246991 0 55170
TECHNE CORP COM 878377100 22309 403067 SH SOLE 329267 0 73800
UBS AG SHS NEW H89231338 14079 232566 SH SOLE 190186 0 42380
VCA ANTECH INC COM 918194101 4858 151267 SH SOLE 123927 0 27340
WATERS CORP COM 941848103 8875 181600 SH SOLE 148400 0 33200
WHOLE FOODS MKT INC COM 966837106 4427 94522 SH SOLE 77242 0 17280
10
posted on
03/05/2007 2:44:08 AM PST
by
DaveTesla
(You can fool some of the people some of the time......)
To: DaveTesla; Killing Time; Beowulf; Mr. Peabody; RW_Whacko; honolulugal; SideoutFred; Ole Okie; ...
ScamTime!
11
posted on
03/05/2007 3:30:52 AM PST
by
xcamel
(Press to Test, Release to Detonate)
To: DaveTesla
One thing I don't get is why people thought this is where he gets his carbon "credits" - I've looked at the company -they are an investment firm that is supposed to make a profit like any other investment firm but they claim to invest in environmentally friendly companies - I don't see any indication they sell carbon credits.
12
posted on
03/05/2007 3:44:03 AM PST
by
gondramB
(It wasn't raining when Noah built the ark.)
Monitored thread, find later
13
posted on
03/05/2007 3:46:56 AM PST
by
listenhillary
(You can lead a man to reason, but you can't make him think)
To: DaveTesla
SYSCO CORP
I wonder if this is Sysco Foods or the software maker? I'm guessing Foods.
Good company, but they might run more semi's around the country than any other company in the country. I would have no problems with their stock, but if you're going "Carbon Neutral" I think you could make a case against them.
14
posted on
03/05/2007 3:55:59 AM PST
by
Recon Dad
(Marine Spec Ops Dad)
To: DaveTesla
Remember that the sort of investments made by GIM-me are the sort subsidized by tax dollars. Subsidized because of people like...Al Gore.
The principals in GIM-me are Al Gore and David Blood. Blood and Gore.
15
posted on
03/05/2007 3:58:27 AM PST
by
decimon
To: DaveTesla
This is the Gore twist on the Billary scam....
The Clintons, in particular Hillary, have a prior history of highly questionable stock and commodities trading practices, of which "Cattle-gate" is the most famous. A lesser well known fact is that during the abortive health care reform, Hillary Clinton made a small profit by short-selling pharmaceutical stocks. That's insider trading, its illegal, and its the very activity the blind trust (still incomplete at the time) was intended to prevent.
http://www.whatreallyhappened.com/RANCHO/POLITICS/FOSTER_COVERUP/trust.html
The Gore Family are all into energy scams....the Clinton Family seems to be medical...
16
posted on
03/05/2007 3:58:45 AM PST
by
mo
To: gondramB
"One thing I don't get is why people thought this is where he gets his carbon "credits""
Gore said so!
Group questions level of energy use at Gore home
http://tennessean.com/apps/pbcs.dll/article?AID=/20070227/NEWS01/702270382
According to Kalee Krider, a spokeswoman for Gore:
Gore helped found Generation Investment Management, through which he and others pay for offsets. The firm invests the money in solar, wind and other projects that reduce energy consumption around the globe, she said.
17
posted on
03/05/2007 4:05:36 AM PST
by
DaveTesla
(You can fool some of the people some of the time......)
To: Recon Dad
It's Sysco food service.
Say, I wonder if I buy stock in Safeway I can claim I am feeding the poor
and use it for a write off?
18
posted on
03/05/2007 4:15:13 AM PST
by
DaveTesla
(You can fool some of the people some of the time......)
To: DaveTesla
Looks like WorldNetDaily may need to revisit this story. GIM appears to be a hedge fund that invests in "green" companies. Al Gore supposedly sends them money to invest, like a mutual fund. This mean Gore earns a return, and is free to withdraw his funds whenever he would like. He is not "buying carbon offsets" through GIM. He is allowing his money to be invested in companies that are doing things to supposedly reduce greenhouse emissions. It's still Gore's money, as it would be for any other investor.
19
posted on
03/05/2007 4:18:32 AM PST
by
cincinnati65
(Lucky participant in 189 different Nigerian business deals......still waiting on payment.)
To: decimon
20
posted on
03/05/2007 4:25:06 AM PST
by
DaveTesla
(You can fool some of the people some of the time......)
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