Posted on 04/11/2008 6:51:01 AM PDT by Sub-Driver
Gore Admits Financial Reasons for Advancing Global Warming Hysteria Photo of Noel Sheppard. By Noel Sheppard | April 11, 2008 - 09:38 ET
For years, NewsBusters has reported on Al Gore's financial interests in advancing global warming hysteria around the world.
On March 1, while speaking at the TED Conference in Monterey, California, the Nobel Laureate admitted to having "a stake" in a number of green "investments" that he recommend attendees put their money in instead of "sub-prime carbon assets" like "tar sands" and "shale oil."
This occurred as pictures of such products appeared on the screen with names of the companies involved (video available here, relevant section begins at minute 15:00, h/t NBer Sick-and-Tired): Story Continues Below Ad ↓
There are a lot of great investments you can make. If you are investing in tar sands, or shale oil, then you have a portfolio that is crammed with sub-prime carbon assets. And it is based on an old model. Junkies find veins in their toes when the ones in their arms and their legs collapse. Developing tar sands and coal shale is the equivalent. Here are just a few of the investments I personally think make sense. I have a stake in these so I’ll have a disclaimer there. But geo-thermal concentrating solar, advanced photovoltaics, efficiency, and conservation.
As Gore spoke these words, pictures of electric cars, windmills and solar panels appeared in multiple slides on the screen with company names at the bottom such as Amyris (biofuels), Altra (biofuels), Bloom Energy (solid oxide fuel cells), Mascoma (cellulosic biofuels), GreatPoint Energy (catalytic gasification), Miasole (solar cells), Ausra (utility scale solar panels), GEM (battery operated cars), Smart (electric cars), and AltaRock Energy (geothermal power).
As such, like an investment advisor or stock broker giving a seminar to prospects and clients, Al Gore was actively recommending people put money in companies he already has a financial stake in.
And, as he tours the world demanding nations stop burning fossil fuels, he will financially benefit if they follow his advice and move to technologies that he has already invested in.
I'm sure the sycophantic climate alarmists in the media will be all over this in the days to come...not!
—Noel Sheppard is an economist, business owner, and Associate Editor of NewsBusters.
I’m long on ERF.
“the Nobel Laureate admitted to having “a stake” in a number of green “investments” that he recommend attendees put their money in instead of “sub-prime carbon assets” like “tar sands” and “shale oil.”....
The Nobel Asshat has green “investments” to make him some green money......
Betcha it includes a bunch of congresscritters along with the usual suspects -
cozy to be in a position where you can mandate everyone in the country to use/buy a certain product = and you get your shares bought before anyone has a clue.
Where are the REAL investigative reporters these days? (They kinda went the way of car designers. Instead of coming up with their own unique designs, they spend their time and energy spying/stealing the competitions designs. The results: mongrel designs.
Nowadays, the media doesn't do it's own work, they just pick up the stories from one another.
Just like “silent spring” has resulted in the deaths of millions because of bans on proper pesiticides, GW hysteria will be deadly as well. Socialism’s endpoint is always deadly, and this is really about socialism.
Denali will go to Alberta. Maybe.
“Maybe not as deadly.”
It would be much more deadly if everyone followed his advice. Economies would flounder and the result would be extreme poverty worldwide. IMO wars would follow.
It would be a wonderful thing. Bring NG into Fairbanks and Anchortown, then through the Alberta oil sand’s before going to the lower 48. A lot of energy will be needed to produce those oil sands.
Nah can’t be, left wing politicians are never in it for the money.
I have a shelf full of books and manuals on gas plumbing. If they were doing this 30 years ago like they originally planned it might be interesting, but I am retired. Still gas plumbing would be a great career for somebody about ten years old now since the gas might be flowing in about ten more years and a plumbing shop could do very well.
Nice and clean, he’s probably been aware of the solar cycle since he was VP and was briefed on the potential economic impact as a matter of national security.
Just proves that money means more than family.
He’s doing it for the money??? I’m just shocked! /sarc
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