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Al’s worst nightmare

Al Gore’s worst nightmare

April 10, 2008   2 Comments

The deliberate hero

While the “motive” behind climate skeptics questioning AGW is rather clear – they are being paid by the Oil Lobby – it is less obvious what the prophet of the Inconvenient Truth could possibly win by crushing his adversaries and imposing heavy mandatory restrictions on CO2.

Many consider him being the Good Guy. Just think about it, he donated all the proceeds of his Nobel Prize award. But here’s where it gets interesting. The money will be used not to fight climate change, or to develop new technologies, but to change public opinion, which is the main goal of the recipient - Alliance for Climate Protection. Need I mention that Al Gore chairs this foundation?

Now this politician slash environmental activist slash Nobel Prize winner is adding another title to his CV – venture capitalist. He has joined an old pal, John Doerr, as a hands-on partner in Doerr’s venture-capital firm Kleiner Perkins (Read the article in Fortune). Al is planning on making big bucks by driving something “bigger than the Industrial Revolution” and he looks forward to remaking the entire global energy sector – a 6 trillion dollar business.

Gore’s salary from Kleiner Perkins will go to the same organization as before – Alliance for Climate Protection. More money to swing public opinion in favor of banning CO2. But hey, what about the Kleiner Perkins profits? Where will that money end up? Could it be in Al’s pocket?

Al Gore is also the chairman and founder of a private equity firm called Generation Investment Management (GIM). This London-based firm invests money from institutions and wealthy investors in companies that are becoming environmentally friendly. Little is known about this firm’s finances, where it gets its funding and what projects it supports.

As reported in the August 2007 issue of Foundation Watch (“Al Gore’s Carbon Crusade: The Money and Connections Behind It”), Gore has created a web of organizations to promote the so-called climate crisis. His battle against CO2 emissions could make him millions of dollars. How that’s for a motive?

Update:Have you seen the anti-Gore campaign just launched by The Competitive Enterprise Institute (CEI)? If not, see it here.

April 2, 2008   2 Comments