Economic downturn 'a chance to invest' in green energy: Al Gore

AFP ^ | Sept. 18, 2008

[Oldeconomybuyer]

MUMBAI (AFP) — The global economic downturn and the crisis in the US financial markets offers the chance for investment in green energy, former US vice-president Al Gore said Thursday.

Central banks have thrown billions of dollars at the global credit storm, which has seen stock markets plunge and scalped big banks exposed to the ongoing effects of last year's collapse of the US sub-prime mortgage market.

Speaking via satellite-link at the launch of Live Earth India concert, where proceeds will go to solar energy projects, the environmental campaigner said the world was at a turning point.

Asked by AFP whether the financial crisis would mean less money for projects to cut greenhouse gases blamed for global warming, Gore said the time was now right to stimulate the right kinds of investment to kickstart economies.

"In the United States, the largest amount of debt has been pulled up because of the purchase of foreign oil," he told a news conference.

"We need to substitute renewable sources of energy -- solar energy, wind energy and others -- in place of the very expensive and dirty oil and coal that's contributing to the debt crisis and the general financial crisis.

[steelyourfaith]

 

Beam me to Planet Gore !

[Notoriously Conservative]

Good idea Al. Now that the economy is doing poorly, and people have much less expendable income, lets spend more money on technology that is 50 years out from being viable. Also, lets spend more money on fighting global warming, that way you can have more money to buy house boats, and polish for your Nobel Prize.

[calcowgirl]

"In the United States, the largest amount of debt has been pulled up because of the purchase of foreign oil," he told a news conference.

"We need to substitute renewable sources of energy -- solar energy, wind energy and others -- in place of the very expensive and dirty oil and coal that's contributing to the debt crisis and the general financial crisis.

More brilliance from our nobel prize winner, LOL.

[tubebender]

I am heavily invested in green technology...I bought a machine that prints 215 Medical Marijuana Cards for Calif dopers...

[SierraWasp]

Wull heck, ya oughta make a killin with that sucker!!! Shazzam!!!

[Czar]

Gore is an utter fool; worse, he’s a dumb ass because he is completely unaware that at least half the nation, and probably more, consider him an utter fool.

[ApplegateRanch]

I have long since invested in green energy. I’ve had several chainsaws and woodstoves over the decades.

It doesn’t take long to discover (though I had known since I was a child) that “green” energy sucks: you have to let the wood age & dry a season, before you burn it.

Mill the good stuff; burn the crap; chip & compost the leavings.

[tubebender]

Psssstttt, because I got in on the dirt ground floor and I am in a position to offer my closest FRiends a opportunity to acquire a limited number of these patented machines at unbelievable prices...but there's more... I will also include not one but two Grow it in a National Park instruction manuals...but that is not all...

[tubebender]

We miss ya out here on the West Green Coast...

[SierraWasp]

STOP!!! You sound like an infomercial!!! (grin)

[ApplegateRanch]

(Sniff!) I miss those big firs & cedars, too...but I ain’t coming back until you fumigate the californicators & bark beetles.

Until then, I’m staying here in the Black Hills with my “mini” (18-24” diameter is ‘old growth’) sub-species of ponderosa pines.

[stocksthatgoup]

WHAT A MORON!

[tubebender]

I got third and fourth growth suckers bigger than that in my back yard and our natives are peaceful...

[BOBTHENAILER]

That is the best picture I’ve seen of Al Goron....ever.

[SierraWasp]

Ya and you don’t have Sturgess with it’s summer gangs, either!!!

[SierraWasp]

You may think so, Mr. NAILER, but now I cain’t git that there image outta my danged mind!!! Ewwwwwwwwwwwwwwww YUCK!!!

[Delacon]

If we were in the midst of a economic golden age Gore would say that NOW was the time to invest in global warming scare ventures(especially his). I swear if his dog died, he would say he only hopes the tragedy brings more attention to the global warming crisis.