Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ClaireSolt; DaveTesla
GE is huge in windmills which they bought cheap when Enron bankrupted.

GE also manufactures aircraft engines and is one of the world's largest aircraft lessors. The global warming alarmists hate airplane travel, since it supposedly burns a lot of fuel and produces contrails that supposedly cause global warming. It is hardly a green company.

This analysis of Generation Investment Management's activities is a bit simplistic. On its website, the company claims to work with CarbonNeutral and the Chicago Climate Exchange "to ensure our London and Washington D.C. offices are fully carbon neutral." GIM also claims that it "has sponsored a full energy efficiency audit for each employee's residence, including suggestions for ways they can make home energy improvements", and that it works with CarbonNeutral Company "a voluntary offset provider . . . to offset emissions, particularly for the partners and families of Generation's 23 employees."

If Algore's house is being offset through GIM, it's likely through a payment to CarbonNeutral, a company with a questionable past.

I wonder if Al Gore payed taxes on the imputed income from his company doing an energy efficiency audit of his residence (and a great job they did, by the way) and for any offsets they supposedly purchased on his behalf. And I wonder whether GIM (i.e. Algore, since GIM is a partnership and Algore is probably a partner) is writing these audits and offset purchases off of their taxes as a business expense. If Algore payed for this out of his own pocket, he probably couldn't deduct anything.
36 posted on 03/05/2007 12:25:19 PM PST by conservative in nyc
[ Post Reply | Private Reply | To 28 | View Replies ]


To: conservative in nyc

Presumably people who buy these offsets would be better off putting their money in a mutual fund themselves. Now it seem that they are contributing to an investment pool for others to reap the yields. They just get to feel good.


37 posted on 03/05/2007 7:21:47 PM PST by ClaireSolt (Have you have gotten mixed up in a mish-masher?)
[ Post Reply | Private Reply | To 36 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson