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Gore Admits Financial Reasons for Advancing Global Warming Hysteria
Newsbusters ^

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.


TOPICS: Culture/Society; News/Current Events
KEYWORDS: agw; alfraudgore; algore; conartist; globalwarming; kleinerperkins; newsbusters; snakeoilsalesman
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1 posted on 04/11/2008 6:51:01 AM PDT by Sub-Driver
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To: Sub-Driver

If anyone else did this, they’d be under investigation by the SEC.


2 posted on 04/11/2008 6:54:17 AM PDT by wideawake (Why is it that those who call themselves Constitutionalists know the least about the Constitution?)
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To: Sub-Driver

Nothing new here. Move along now.


3 posted on 04/11/2008 6:54:50 AM PDT by Eurale
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To: Sub-Driver

His scam is as lucrative as Planned Parenthood’s.

Maybe not as deadly.


4 posted on 04/11/2008 6:57:53 AM PDT by ryan71
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To: xcamel

Global warming list PING!


5 posted on 04/11/2008 7:00:25 AM PDT by CedarDave (John, When will you respect conservatives the way you do fellow senators Barack, Hillary and JohnK?)
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To: Sub-Driver
And during his Earth Concert or whatever he called it, he had people on stage telling me that buying music downloads was better for Earth than buying CDs. From a guy who's heavily invested in Apple, and iTunes!

He'll get away with it. The people behind him are too strong to mess with. Right, Michail Gorbachev?

6 posted on 04/11/2008 7:00:44 AM PDT by DBrow
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To: Sub-Driver

Always follow the money.


7 posted on 04/11/2008 7:00:55 AM PDT by reagan_fanatic (feh)
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To: wideawake

I’m waiting for some enterprising state attoreny general to indict Mr. Gore or one of his toadies on mail fraud charges. Perhaps then we could have a meaningful discussion of the facts without being shouted down or called a “denier”


8 posted on 04/11/2008 7:00:55 AM PDT by technically right
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To: Sub-Driver; RepublitarianRoger2
Loved this post by RepublitarianRoger2 yesterday on another thread: “An Inconvenient Truth” should really be renamed “An Extremely Profitable Lie.”
9 posted on 04/11/2008 7:06:51 AM PDT by stayathomemom
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To: Sub-Driver

Note Al’s Hedge fund in London


10 posted on 04/11/2008 7:10:59 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: ryan71

Oh, believe me, global socialism will be just as deadly for everyone as abortion is to the unborn.


11 posted on 04/11/2008 7:12:18 AM PDT by MrB (You can't reason people out of a position that they didn't use reason to get into in the first place)
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To: wideawake
If anyone else did this, they’d be under investigation by the SEC.

Come on, we all know there is no"controlling legal authority".
12 posted on 04/11/2008 7:14:52 AM PDT by PeterPrinciple ( Seeking the truth here folks.)
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To: Sub-Driver; All

so how does one get the SEC kickstarted?


13 posted on 04/11/2008 7:15:39 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Sub-Driver

The Alaskan natural gas pipeline that Conoco Phillips and BP have proposed will pass through the Canadian oil sands on it’s way to Chicago. BP and Conoco must know something that manbearpig won’t admit.


14 posted on 04/11/2008 7:27:25 AM PDT by Darth Hillary (we're both liars - but he's a racist.)
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To: Sub-Driver

Have any of these companies ever turned a profit?


15 posted on 04/11/2008 7:31:09 AM PDT by BenLurkin
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To: Sub-Driver

16 posted on 04/11/2008 7:31:15 AM PDT by VeniVidiVici (Democrats - The Original Slave Owners)
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To: Sub-Driver

Well, Al, I have a small investment in Oilsands Quest (BQI), a Canadian company. Not a recommendation to buy; I am not a qualified investment adviser; do your own due diligence.


17 posted on 04/11/2008 7:34:19 AM PDT by Cicero (Marcus Tullius)
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To: ryan71

” His scam is as lucrative as Planned Parenthood’s.

Maybe not as deadly. “

Oh, but it is.


18 posted on 04/11/2008 7:34:53 AM PDT by Humble Servant ( Keep it simple - do what's right.)
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To: Sub-Driver

Hey, go easy on this guy. He’s going to “broker” the Dem Convention this summer and end up being the nominee of the Party and the next President of the United States of America.

GOTTA GO. There are pigs flying over my house.


19 posted on 04/11/2008 7:35:37 AM PDT by no dems (Barack Obama's Pastor is nuttier than a squirrel turd.)
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To: technically right

Al Gore is a shyster.


20 posted on 04/11/2008 7:38:05 AM PDT by tessalu
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