Skip to comments.Al Gore invests millions to make billions in cap-and-trade software
Posted on 06/03/2009 8:24:31 AM PDT by Oldeconomybuyer
Al Gores venture capital firm has invested $6 million in a software company that stands to make billions of dollars from cap-and-trade regulation further fueling controversy that Gore lied about his profiteering from cap-and-trade to Rep. Marsha Blackburn (R-TN) and the House Energy and Environment Subcommittee during testimony in April.
Hara Software sells software to help track greenhouse gas emissions. The market for such software is now about $2.5 billion dollars in size, and is expected to grow by a factor of ten to $25 billion if cap-and-trade legislation is enacted, according to Hara CEO Amit Chatterjee.
Kleiner Perkins, a venture capital firm in which Al Gore is a partner, invested in Hara just last year. Chatterjee told Reuters that,
This company would not have existed if Al Gore had not bought off on the idea.
Operating as a stealth tax, cap-and-trade will make the vast majority of Americans poorer and less free but Al Gore, Kleiner Perkins, Amit Chatterjee and Hara will be laughing all the way to the bank.
(Excerpt) Read more at canadafreepress.com ...
Thanks! Going in the ‘Freeper Keeper’ file right now!
Nice hustle, Al.
Global Warming is big business ping.
Who has a ping list to get this message out/saved. IMO it should to be linked everytime Gore’s groupies posts on ANY website.
Any out of work freepers could fill their day with such activities.
Cap and Trade is the next Mortgage Backed Securities Scam.
Essentially selling illusory “caps” is just a way for political insiders to print their own money.
‘Ol “I invented the Internet” Al is gonna wish he had never heard the term “Global Warming” and probably real soon. The big worry should be “Global Cooling”. God turned down the furnace probably just to get even with Al. The sun, which really drives the Earth’s weather has been in a quiet period for almost 2 years and that means things are cooling down.
According to NASA, we are seeing:
- The lowest sustained solar radio flux since the F10.7 proxy was created in 1947;
- Solar wind is the lowest observed since the beginning of the space age;
- The solar wind magnetic field 36 percent weaker than during the minimum of Solar Cycle 23;
- Effectively no sunspots;
- Cosmic rays at near record-high levels. (cosmic rays cause cloud formation)
Like one Russian climatologist said... “Better buy overcoats, its gonna get colder”
these are the types of “green jobs” that the obamites have been talking about; writing worthless software that the government requires you by law to purchase.
Al Gore isn’t making money on this, and never has!
How insulting to think otherwise:
Overcoats...Tipper needs a new fur coat....
You should read the book “Fallen Angels” by Niven/Pournelle. It describes a time not too far in the future when the Environmentalists pretty much run the USA. They are still fighting “Global Warming” while glaciers are engulfing the northern tier states (Minneapolis, Milwaukee). It would be funny it there weren’t a ring of truth to it.
This video includes the money-quote at the end:
“do you think there’s something wrong with being active in business in this country?”
when it crashes will we get the Green Screen of Death?
The stampede to CAP AND TAX continues unabated.
I watched the CEO of Dominion Energy on TV this morning.
You could tell he thinks the whole idea is BS but is scared of what the Baraqqis could do to these companies if they don’t play along.
Algore is showing us what global warming is all about. It is a scam to move wealth form corporate and private hands to governments and socialist elites. Algore is redistributing that money to himself.
You could tell he thinks the whole idea is BS but is scared of what the Baraqqis could do to these companies if they dont play along.
Great idea. Perhaps if we all try to do this in the comment section everytime we see a globul warming/cap and trade article up on the net. I will do my part.
I hope the Senate caps Gore’s investment and leaves him losing his money hand over fist.
Algore and his minions are always denigrating the testimony of anyone who questions their global warming nonsense as being illegitimate, because “they’re probably in the pay of the oil companies”. Well why should we consider ANYTHING Algore says on the subject, because he has a CLEAR conflict of interest in the matter. If he can convince governments that global warming is real, they’ll put in place policies that will have a direct positive financial impact for him.
You're right - there is a ring of truth to it.