Gore Admits Financial 'Stake' In Advancing Global Warming Hysteria

[kfrost06]

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 recommended attendees put money in rather than "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):

"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!

[lotaquestions]

any1 surprised? gore has financial/political asperations with the "global warming" hoax. the most important thing to the growing world, energy. great stratagy be the guy who poses the question and the only one with the answer.......can you say anti-christ?

[kfrost06]

he's a snake oil saleman. Anyone that so much as questions him is considered a heritic and a "flat-earther". He is making money hand over fist on this gig. Being paid hundreds of thousands for each speech, millions on books and movies, millions selling carbon credits, millions on these start up companies, etc.

[kfrost06]

oh yeah, don't forget the million dollars for the Nobel prize too, what a joke!

[Act of God]

Absolutely true Kfrost. I love the idea of advancing new, cleaner, technology but I don't need it crammed down my face with spoonful of morality from a guy lining his pockets from it the whole time.

wow, that was a long sentence!