Sunday, March 04, 2007

Inconvenient



From Worldnet Daily:



THE HEAT IS ON

Gore's 'carbon offsets' paid to firm he owns

Critics say justification for energy-rich lifestyle serves as way for former VP to profit


Posted: March 2, 2007
4:13 p.m. Eastern

Al Gore defends his extraordinary personal energy usage by telling critics he maintains a "carbon neutral" lifestyle by buying "carbon offsets," but the company that receives his payments turns out to be partly owned and chaired by the former vice president himself.

Gore has built a "green money-making machine capable of eventually generating billions of dollars for investors, including himself, but he set it up so that the average Joe can't afford to play on Gore's terms," writes blogger Dan Riehl.

Gore has described the lifestyle he and his wife Tipper live as "carbon neutral," meaning he tries to offset any energy usage, including plane flights and car trips, by "purchasing verifiable reductions in CO2 elsewhere."

But it turns out he pays for his extra-large carbon footprint through Generation Investment Management, a London-based company with offices in Washington, D.C., for which he serves as chairman. The company was established to take financial advantage of new technologies and solutions related to combating "global warming," reports blogger Bill Hobbs.



Read the rest here.

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