Al Gore Carbon Offsets Paid to Company Partly Owned

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
© 2007 WorldNetDaily.com


Al Gore's Nashville mansion (PajamasMedia.com)
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.

Generation Investment Management's U.S. branch is headed by a former Gore staffer and fund-raiser, Peter S. Knight, who once was the target of probes by the Federal Election Commission and the Department of Justice.

Hobbs points out Gore stand to make a lot of money from his promotion of the alleged "global warming" threat, which is disputed by many mainstream scientists.

"In other words, he 'buys' his 'carbon offsets' from himself, through a transaction designed to boost his own investments and return a profit to himself," Hobbs writes. "To be blunt, Gore doesn't buy 'carbon offsets' through Generation Investment Management – he buys stocks."...

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=54528

Al Gore’s Personal Energy Use Is His Own “Inconvenient Truth”
Gore’s home uses more than 20 times the national average

Last night, Al Gore’s global-warming documentary, An Inconvenient Truth, collected an Oscar for best documentary feature, but the Tennessee Center for Policy Research has found that Gore deserves a gold statue for hypocrisy.

Gore’s mansion, located in the posh Belle Meade area of Nashville, consumes more electricity every month than the average American household uses in an entire year, according to the Nashville Electric Service (NES).

In his documentary, the former Vice President calls on Americans to conserve energy by reducing electricity consumption at home.

The average household in America consumes 10,656 kilowatt-hours (kWh) per year, according to the Department of Energy. In 2006, Gore devoured nearly 221,000 kWh—more than 20 times the national average.

Last August alone, Gore burned through 22,619 kWh—guzzling more than twice the electricity in one month than an average American family uses in an entire year. As a result of his energy consumption, Gore’s average monthly electric bill topped $1,359...

http://bobmccarty.wordpress.com/2007/02/26/group-uncovers-al-gores-real-inconvenient-truth/

Of interest

http://suitablyflip.blogs.com/suitably_flip/homeland_security/index.html