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Al Gore, The World's First Carbon Billionaire?
DailyFinance.com ^ | November 3, 2009 | Sam Gustin

Posted on 11/05/2009 11:15:32 AM PST by khnyny

Al Gore's latest eco-treatise, Our Choice: A Plan To Solve the Climate Crisis, is set to hit stores Tuesday. The former vice-president says he will donate 100 percent of the proceeds from the book to the the Alliance for Climate Protection, a green group.

But it turns out that the book money is small potatoes compared to what Gore could earn from his various eco-friendly investments. As a partner at Silicon Valley venture capital heavyweight Kleiner Perkins Caulfield & Byers, Gore is poised to reap hundreds of millions from investments in the companies that will benefit from the government's increased emphasis on green technology. According to The New York Times's John Broder, Gore could become the world's first "carbon billionaire."

Gore has been one of the most outspoken critics of global warming and a powerful advocate of carbon-reducing measures. As such, he has become a hero of the left -- a man revered for warning Americans to curb their carbon footprint and reduce their impact on the Earth.

"Our Choice offers the most up-to-date and deepest thinking on climate change across a variety of disciplines," Gore said in a statement. "The need for this book is more urgent than ever, and I am proud to be working with Rodale, a company that for more than six decades has been at the forefront of environmental responsibility, to bring these solutions to a global audience."

Gore argues that in a market economy, "every one of the solutions to climate crisis will be more effective and much easier to implement if a price is placed on CO2 and other global warming pollutants," and likens the current sub-prime mortgage crisis to "the one we will face if we continue making investments in sub-prime carbon assets," according to publisher Rodale.

(Excerpt) Read more at dailyfinance.com ...


TOPICS: Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: algore; capandtrade; globalwarming
The comment section after the article is particularly enjoyable!
1 posted on 11/05/2009 11:15:33 AM PST by khnyny
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To: khnyny

It’s like the old Yellow Journalism days when a publisher woudl gin up an issue to make himself richer.


2 posted on 11/05/2009 11:18:13 AM PST by Wolfie
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To: khnyny

The onset of the American Oligarchs.

He and Putin both got their wealth pretty much the same way.


3 posted on 11/05/2009 11:24:08 AM PST by R0CK3T
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To: R0CK3T

A corrupt oligarchy already exists.


4 posted on 11/05/2009 11:31:01 AM PST by khnyny
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To: khnyny

The comments are great.

I’m hoping for a brutal winter. I don’t like them but I think we need one right now to kill cap & tax and the other “climate change” garbage.


5 posted on 11/05/2009 11:37:31 AM PST by henkster (0bamanomics: The "Final Solution" to America's "Prosperity Question.")
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To: khnyny
Pay no attention the the Money Vault behind the curtain...


6 posted on 11/05/2009 11:40:13 AM PST by a fool in paradise (I refuse to "reduce my carbon footprint" all while Lenin remains in an airconditioned shrine)
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To: khnyny; scripter; proud_yank; grey_whiskers; FrPR; enough_idiocy; Desdemona; rdl6989; ...
Thanx !

 


Beam me to Planet Gore !

7 posted on 11/05/2009 11:46:55 AM PST by steelyourfaith (Limit all U.S. politicians to two terms: One in office and one in prison! to s)
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To: khnyny

What a piece of Garbage why this is tolerated is beyond me!


8 posted on 11/05/2009 11:49:04 AM PST by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: khnyny

I am tired of these politicians making a lot of money stealing from the taxpayers. They need to be held accountsble.


9 posted on 11/05/2009 11:54:47 AM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: khnyny

He may soon find out whether he can take it with him.


10 posted on 11/05/2009 12:05:22 PM PST by Dewey Revoltnow
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To: khnyny

A few days ago Glenn Beck and a guest on who is an expert on Global Warming. Lord Christopher Monckton challenged Al Gore to a debate anytime and anywhere but no one is expecting Al to show up and be proved as a fraud and a liar.


11 posted on 11/05/2009 12:27:00 PM PST by fish hawk (It's sad that science gathers knowledge faster than society gathers wisdom. Isaac Asimov)
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