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http://www.newsmax.com/insidecover/Gore_profit_warming/2008/04/11/87256.html
Gore Has Personal Stake in Anti-Warming Campaign
Friday, April 11, 2008
Al Gore, alarmist-in-chief of the anti-global warming campaign, stands to
make money from his investments in "green" firms selling various climate
change remedies.
Gore spoke in Monterey, California, at a March 1 TED (Technology,
Entertainment, Design) Conference, which bills itself as "an invitation-only
event where the world's leading thinkers and doers gather to find
inspiration." He admitted to having "a stake" in a number of green
"investments" that he recommended attendees put their money into,"according
to NewsBusters.
Said Gore: "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 - geo-thermal concentrating solar,
advanced photovoltaics, efficiency, and conservation."
Commented NewsBusters Noel Sheppard, "As Gore spoke these words, pictures of
hybrid 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)."
Sheppard noted Gore's recommendations that people put money in companies in
which he has a financial stake is like "an investment advisor or stock
broker giving a seminar to prospects and clients. 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."
Gore Has Personal Stake in Anti-Warming Campaign
Friday, April 11, 2008
Al Gore, alarmist-in-chief of the anti-global warming campaign, stands to
make money from his investments in "green" firms selling various climate
change remedies.
Gore spoke in Monterey, California, at a March 1 TED (Technology,
Entertainment, Design) Conference, which bills itself as "an invitation-only
event where the world's leading thinkers and doers gather to find
inspiration." He admitted to having "a stake" in a number of green
"investments" that he recommended attendees put their money into,"according
to NewsBusters.
Said Gore: "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 - geo-thermal concentrating solar,
advanced photovoltaics, efficiency, and conservation."
Commented NewsBusters Noel Sheppard, "As Gore spoke these words, pictures of
hybrid 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)."
Sheppard noted Gore's recommendations that people put money in companies in
which he has a financial stake is like "an investment advisor or stock
broker giving a seminar to prospects and clients. 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."
