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To: Carry_Okie
From today's Best of the Web Today (this is an excerpt -- read more at the source):

But how Gore buys his "carbon offsets," as revealed by The Tennessean raises serious questions. According to the newspaper's report, Gore buys his carbon offsets through Generation Investment Management:

Gore helped found Generation Investment Management, through which he and others pay for offsets. The firm invests the money in solar, wind and other projects that reduce energy consumption around the globe . . .

Gore is chairman of the firm and, presumably, draws an income or will make money as its investments prosper. In other words, he "buys" his "carbon offsets" from himself, through a transaction designed to boost his own investments and return a profit to himself. To be blunt, Gore doesn't buy "carbon offsets" through Generation Investment Management--he buys stocks. . . .


12 posted on 03/01/2007 1:52:47 PM PST by maryz
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To: maryz

Gore probably gets a tax deduction for buying carbon credits from himself.


13 posted on 03/01/2007 1:59:30 PM PST by westmichman (They cried "Peace, peace," but there is no peace.)
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To: maryz
The worst part of the public debate about Glow-bill Warming is that nobody talks about WHO ISSUES THESE OFFSETS? It's the World Bank, effectively the Federal Reserve for the UN. Talk about "the man behind the curtain"!!! Issuing carbon credits is effectively printing money with no reserves, no supply constraints, and no accounting oversight.

They're doing it on behalf of all of us, "for the earth." Isn't that precious? /s

14 posted on 03/01/2007 2:03:18 PM PST by Carry_Okie (Duncan Hunter for President)
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