Al Gore, The World’s First Global Warming Billionaire?
Al Gore’s latest eco-treatise, Our Choice: A Plan To Solve the Climate Crisis, is set to hit stores Tuesday. The former vice-president says he will donate 100 percent of the proceeds from the book to the the Alliance for Climate Protection, a green group.
But it turns out that the book money is small potatoes compared to what Gore could earn from his various eco-friendly investments. As a partner at Silicon Valley venture capital heavyweight Kleiner Perkins Caulfield & Byers, Gore is poised to reap hundreds of millions from investments in the companies that will benefit from the government’s increased emphasis on green technology. According to The New York Times’s John Broder, Gore could become the world’s first “carbon billionaire.”
Gore has been one of the most outspoken critics of global warming and a powerful advocate of carbon-reducing measures. As such, he has become a hero of the left — a man revered for warning Americans to curb their carbon footprint and reduce their impact on the Earth.
“Our Choice offers the most up-to-date and deepest thinking on climate change across a variety of disciplines,” Gore said in a statement. “The need for this book is more urgent than ever, and I am proud to be working with Rodale, a company that for more than six decades has been at the forefront of environmental responsibility, to bring these solutions to a global audience.”
Gore argues that in a market economy, “every one of the solutions to climate crisis will be more effective and much easier to implement if a price is placed on CO2 and other global warming pollutants,” and likens the current sub-prime mortgage crisis to “the one we will face if we continue making investments in sub-prime carbon assets,” according to publisher Rodale.
(Excerpt) Read more at dailyfinance.com …
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment