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.
If anyone else did this, they’d be under investigation by the SEC.
Nothing new here. Move along now.
His scam is as lucrative as Planned Parenthood’s.
Maybe not as deadly.
Global warming list PING!
He'll get away with it. The people behind him are too strong to mess with. Right, Michail Gorbachev?
Always follow the money.
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”
Note Al’s Hedge fund in London
Oh, believe me, global socialism will be just as deadly for everyone as abortion is to the unborn.
so how does one get the SEC kickstarted?
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.
Have any of these companies ever turned a profit?
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.
” His scam is as lucrative as Planned Parenthood’s.
Maybe not as deadly. “
Oh, but it is.
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.
Al Gore is a shyster.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.