Beam me to Planet Gore !
Roy Spencer, the Official Climatologist of the EIB Network
Posted on 02/14/2008 6:36:03 PM PST by Sub-Driver
Gore Warns on 'Subprime Carbon' Industry Feb 14 09:20 PM US/Eastern By JOHN HEILPRIN Associated Press Writer UNITED NATIONS (AP) - Al Gore advised Wall Street leaders and institutional investors Thursday to ditch businesses too reliant on carbon-intensive energy—or prepare for huge losses down the road.
"You need to really scrub your investment portfolios, because I guarantee you—as my longtime good redneck friends in Tennessee say, I guarandamntee you—that if you really take a fine-tooth comb and go through your portfolios, many of you are going to find them chock-full of subprime carbon assets," the former vice president said.
Carbon dioxide from burning fossil fuels is the leading component of "greenhouse gases," which scientists say are playing a key role in warming the globe.
Gore's remarks before a high-profile business crowd that collectively controls some $20 trillion in capital were intended to unleash a financial ripple effect that could force the world to start putting a price on carbon emissions.
Gore, who shared the Nobel Peace Prize for his efforts to warn about climate change, compared the financial risks facing investors in carbon-using industries with the meltdown in the market for subprime mortgages given to people with blemished credit records or low incomes.
"Similarly, the assumption that you can safely invest in assets that come from business models that assume carbon is free is an assumption that is about to go splat," he said. "You have lots of assets, many of you do, in your portfolios right now that truly do deserve that epithet 'subprime.'"
(Excerpt) Read more at breitbart.com ...
Algore sounding like the Unabomber again.
I had some graphics calculators in the late 80’s. (Probably couldn’t do that) :^)
Perhaps Gore would have done less harm if he were elected president. I think that the conservative Congress could have contained him. GW is Al Gore’s revenge for losing the 2000 election.
Al Gore’s revenge: The DemonRAT majority in the House and Senate.
I dunno. Gore is very slowly building momentum, while scientific evidence is very slowly accumulating that the whole global warming hype is globaloney. It is a collision course, or the proverbial guy with one foot on each iceberg as they slowly separate. So how long will it take for mainstream media and society to junk the junk science? My guess is 10 more years — sometime twixt 2015 and 2020. Anyone??
"Where's that video where he gets ripped apart by a polar bear?"
You're forgetting the 2.9 million votes for Greenie Ralph Nader. That's what REALLY saved us from Algor.
Gore energy ping.
It is a shakedown! I wish his stupidist would come up here, I would show him some global warming.
It will be interesting to see if Al Nutjob ever acknowledges the early studies that suggest that biofuels pollute more than fossil fuels.
H*ll will, at least, have a cool spell before that ever happens, though, if it doesn’t solidly freeze first.
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