Al Gore Set To Become First “Carbon Billionaire”

CO2 tax agenda front man lining his pockets on the back of global warming fearmongering

Paul Joseph Watson
Prison Planet.com
Tuesday, November 3, 2009

The New York Times has lifted the lid on how
Al Gore stands to benefit to the tune of billions of dollars if the
carbon tax proposals he is pushing come to fruition in the United
States, while documenting how he has already lined his pockets on the
back of exaggerated fearmongering about global warming.

As is to be expected, the article is largely a whitewash and takes an apologist stance in defense of Gore.

However, the NY Times‘ John M. Broder does reveal
how one of the companies Gore invested in, Silver Spring Networks,
recently received a contract worth $560 million dollars from the Energy
Department to install “smart meters” in people’s
homes that record (and critics fear could eventually regulate) energy
usage.

“Kleiner Perkins and its partners, including Mr.
Gore, could recoup their investment many times over in coming
years,” states the report, highlighting the fact that Gore is
“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,” writes Broder.

Since he left office, Gore’s personal net worth
has skyrocketed on the back of his advocacy for global warming issues
and the financial dividends this has reaped. Gore’s assets
totaled less than $2 million in 2001 and although he refuses to give a
figure for his current net worth, a recent single investment of $35
million in Capricorn Investment Group, a private equity fund,
illustrates just how fast Gore has enriched himself from his climate
change bandwagon.

The Times report notes how Gore “has a stake in the world’s pre-eminent carbon credit trading market.” As we reported back in March,
before he became President Barack Obama also helped fund the profiteers
of the carbon taxation program that he is now seeking to implement as
law.

The Chicago Climate Exchange (CCX) has direct ties to
both Al Gore and Maurice Strong, two figures intimately involved with a
long standing movement to use the theory of man made global warming as
a mechanism for profit and social engineering. Gore’s investment
company, Generation Investment Management, which sells carbon offset
opportunities, is the largest shareholder of CCX.

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Maurice Strong, who is regularly credited as founding
father of the modern environmental movement, serves on the board of
directors of CCX. Strong was a leading initiate of the Earth Summit in
the early 90s, where the theory of global warming caused by CO2
generated by human activity was most notably advanced.

Both Strong and Gore come from the Club of Rome clique,
who in their 1991 Report, “The First Global Revolution”
openly admitted how they were planning to exploit the contrived hoax of
global warming in order to further their agenda.

“In searching for a new enemy to unite us, we
came up with the idea that pollution, the threat of global warming,
water shortages, famine and the like would fit the bill. All these
dangers are caused by human intervention, and it is only through
changed attitudes and behavior that they can be overcome. The real
enemy then, is humanity itself.,” they wrote.

Gore’s defense against claims that he is peddling
fearmongering about global warming to get filthy rich, and one
dutifully supported by the NY Times’ whitewash report, is that he is simply putting his money where his mouth is.

However, Gore’s insistence that he is walking the
walk, not just talking the talk, doesn’t seem to extend to his
own private life in the context of energy conservation and CO2
emissions. While lecturing the world about reducing CO2 emissions and
saving energy, Gore’s own mansion uses 20 times the energy of the
average American home.

In February 2007, the Tennessee Center for Policy Research revealed
that the gas and electric bills for the former vice president’s
20-room home and pool house devoured nearly 221,000 kilowatt-hours in
2006, more than 20 times the national average of 10,656 kilowatt-hours.
These figures were not disputed by Gore.

“If this were any other person with
$30,000-a-year in utility bills, I wouldn’t care,” said the
Center’s 27-year-old president, Drew Johnson. “But he tells
other people how to live and he’s not following his own
rules.”