Al Gore Exploits Envirofascism for Fortunes

by Dave Blount | November 3, 2009 9:37 am

Even as the global warming hoax threatens to plunge the country into a depression via demented Tax & Charade legislation, its most strident pitchman is exploiting it to amass astounding fortunes — as his enablers at the New York Slimes[1] admit:

Few people have been as vocal about the urgency of global warming and the need to reinvent the way the world produces and consumes energy. And few have put as much money behind their advocacy as Mr. Gore and are as well positioned to profit from this green transformation, if and when it comes.

Critics, mostly on the political right and among global warming skeptics, say Mr. Gore is poised to become the world’s first “carbon billionaire,” profiteering from government policies he supports that would direct billions of dollars to the business ventures he has invested in.

Representative Marsha Blackburn, Republican of Tennessee, asserted at a hearing this year that Mr. Gore stood to benefit personally from the energy and climate policies he was urging Congress to adopt.

The Goracle responded with the ultimate in socialist chutzpah:

“Do you think there is something wrong with being active in business in this country?” Mr. Gore said. “I am proud of it. I am proud of it.”

But then, that’s how business is done, in a world run by the likes of Al Gore. You convince your government cronies to force people to pay for whatever you have to sell. The “green revolution” extolled by the Slimes will come about when all the green has been transferred from those who produce wealth to those who have friends in Big Government.

Bureaucrats just shoveled over $560 million of our money at Silver Spring Networks, in which Gore’s Kleiner Perkins outfit has invested heavily. He’s also working plenty of other angles:

He is a founder of Generation Investment Management, based in London and run by David Blood, a former head of Goldman Sachs Asset Management (the firm was quickly dubbed Blood and Gore). Mr. Gore earns a partner’s salary at Kleiner Perkins. He has substantial personal finances invested at both firms, officials of the companies said. …

Mr. Gore’s spokeswoman would not give a figure for his current net worth, but the scale of his wealth is evident in a single investment of $35 million in Capricorn Investment Group, a private equity fund started by his friend Jeffrey Skoll, the first president of eBay. …

He has a stake in the world’s pre-eminent carbon credit trading market and in an array of companies in bio-fuels, sustainable fish farming, electric vehicles and solar power.

Capricorn holds a major stake in Falcon Waterfree Technologies, the world’s leading maker of waterless urinals. Generation has holdings in Ausra, a solar energy company based in California, and Camco, a British firm that develops carbon dioxide emissions reduction projects. Kleiner Perkins has a green ventures fund with nearly $1 billion invested in renewable energy and efficiency concerns.

In short, if it’s economically useless but likely to be subsidized if not imposed by the watermelons[2] running our government, Gore is getting a fat cut from it. He needs the money to pay his gargantuan power bills[3].

His next big project: a $300 million campaign to ban fossil fuels in electricity production within 10 years. Since windmills and pixie dust just don’t work, and nuclear power is frowned upon by moonbats, where the electricity will come from is something for people to worry about later — like how to pay for all the government subsidies to inefficient ecokook technology.

Gore: Crony capitalist corruption incarnate.

On a tip from Charles O. Cross-posted at Moonbattery[4].

  1. New York Slimes:
  2. watermelons:
  3. gargantuan power bills:
  4. Moonbattery:

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