Al Gore’s quest to become world’s first ‘carbon billionaire’ – ‘Lavishly’ profited off climate lobbying

By:  - Climate DepotMarch 11, 2018 10:54 AM with 0 comments

Below is an excerpt from the “Best Seller” “The Politically Incorrect Guide to Climate Change” by Marc Morano, released on February 26, 2018. Available at Amazon & Barnes & Noble
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Book Chapter Excerpt:

Making Out like a Bandit

And it’s not just universities, professors, and green organizations that have reaped financial benefits from the climate panic. Former vice president Al Gore has done quite well for himself, too. As Bloomberg News reported, “In the last personal finance report he filed as vice president, Gore disclosed on May 22, 2000, that the value of his assets totaled between $780,000 and $1.9 million.”

Buy by 2007, Gore’s wealth had skyrocketed. By that point he had a net worth “well in excess” of $100 million, including pre–public offering Google stock options, according to an article at Fast Company. MIT scientist Richard Lindzen declared that Gore wanted to become the world’s first “carbon billionaire.” After the Obama administration bloated climate and energy stimulus packages, Gore was on the path to that achievement.

By 2008, Gore was so flush that he announced a $300 million campaign to promote climate fears and so-called solutions. And he just kept raking it in. According to a 2012 Washington Post report, “14 green-tech firms in which Gore invested received or directly benefited from more than $2.5 billion in loans, grants and tax breaks, part of Obama’s historic push to seed a U.S. renewable-energy industry with public money.”

The Post explained that Gore “benefited from a powerful resume and a constellation of friends in the investment world and in Washington. And four years ago, his portfolio aligned smoothly with the agenda of an incoming administration and its plan to spend billions in stimulus funds on alternative energy. The recovering politician was pushing the right cause at the perfect time. Gore’s orbit extended deeply into the administration, with several former aides winning senior clean-energy posts.”

Republican Congressman Fred Upton of Michigan, the chair of the Energy and Commerce Committee, has been a critic of Gore’s profiting off the taxpayer funds using his government connections. Gore’s portfolio “is reflective of a disturbing pattern that those closest to the president [Obama] have been rewarded with billions of taxpayer dollars and benefited from the administration’s green bonanza in the rush to spend stimulus cash.”

Gore was essentially either a founder, a member, or a partner in a whole wide range of groups that were profiting or poised to profit from a green energy stimulus and federally mandated carbon trading schemes if they became law. Gore would have personally benefited if the carbon cap-and-trade bill he supported had become law. The media never treated his Congressional testimony in support of the climate bills for what it actually was—a former vice president supporting legislation that would make him richer. These reports prompted one sarcastic skeptic to suggest, “Maybe Al Gore Should Be the Subject of a RICO Investigation.”

The power of carbon trading schemes to enrich politicians and corrupt politics is one reason that environmental guru James Lovelock has slammed carbon trading, declaring, “Most of the ‘green’ stuff is verging on a gigantic scam. Carbon trading, with its huge government subsidies, is just what finance and industry wanted. It’s not going to do a damn thing about climate change, but it’ll make a lot of money for a lot of people.”

In 2013, Gore sold his Current TV network to the Qatar-funded Al Jazeera for a reported $100 million. The sale inspired this headline at my Climate Depot website: “AlGorjeera—It’s Official: Al Gore Is by Far the Most Lavishly Funded Fossil Fuel Player in the Global Warming Debate Today.”

I asked if the media would now accurately label Gore an industry-funded activist every time they reported on him. Gore had literally sold out to big oil and gas: Al-Jazeera “received its initial funding through a decree from Emir of Qatar, and Qatar gets its wealth from its vast oil and natural gas reserves.”

The freshly laid off staffers from Current TV did not hesitate to lash out at Gore. “Gore’s supposed to be the face of clean energy and just sold [the channel] to very big oil, the emir of Qatar! Current never even took big oil advertising—and Al Gore, that bulls***ter sells to the emir?” declared one former staffer, according to the New York Post. Another staffer commented, “He [Gore] has no credibility.”

Not So Smart
Warren Buffett’s vice chairman Charlie Munger told a small meeting of investors in 2017 that Gore is “not very smart” and “an idiot” but he was still able to amass a personal fortune in the investment world. “Al Gore has hundreds of millions [of] dollars in your profession. And he’s an idiot. It’s an interesting story.” Munger added, “he’s not very smart. He smoked a lot of pot as he [coasted] through Harvard with a gentleman’s C.”
End book excerpt

  • The only thing worse than this are the stupid fools who bought into (and still do) that global warming BS.
    Then again, like P.T. Barnum said: "There's a sucker born every minute!" Ha ha, suckers!

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    Just more proof that Leftist Stooges can be duped again and again and again....

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    May the fleas of a thousand camels infest his underwear...

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    POS laughing as he flies in his private jet all the way to his banks in Switzerland and the Caymans

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    One does not have to be intelligent to fool gullable liberals.

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    Climate change has always been about the dollar. Especially if it went into a liberals pocket

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    Lying international fraud. Enrich him if you wish; I won't.

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    The left needs a new skill when evaluating their own people - follow the money. If they hate "big oil", then they must also hate AlGore. But their hypocritical nature gets in the way.

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    Al is got caught fondling a masseuse, but that's alright, he's not a misogynist.

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    The lib MSM won't report it

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    Needs to have his house raided by Patriots so he can be turned over to the military for tribunal. Take the cash and distribute it to middle-class families. Don't forget to snag Franklin Raines while you're there.

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    Gore has obviously made hundreds of millions of dollars for himself (including companies he owns interests in). Can anyone please tell me what Gore has been selling to generate these kinds of profits? Did he own, and have title to, whatever goods he was selling? If he wasn't selling good, what kinds of services was he selling? What were the benefits received by the companies and individuals who exchanged their money for whatever they received from Gore? Did any governments, or government agencies, foreign or domestic, ever exchange funds with Gore for any goods or services? If so, what were these goods and/or services? How much were the charges for the goods or services? Just wondering!

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      He is a charlatan. HE sells ideas that are wrong. He feeds of people's false fears.

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      Well, there was this. More like this perhaps?

      Al Gore and the Temple of Cash

      FEB. 22, 1998

      took more than a year of prodding to get the Justice Department 
      interested in how the White House and the Democratic National Committee 
      financed the 1996 campaign, but the indictments are flowing now. Maria 
      Hsia is charged with laundering over $55,000 from the Buddhist temple 
      luncheon for Vice President Al Gore on April 29, 1996. A Senate 
      committee's charge that Ms. Hsia was a Chinese intelligence agent during
      an eight-year period when she worked closely with Mr. Gore and the 
      D.N.C. has yet to be proved, but the tale of those years is too 
      important to be lost amid war talk and sex scandals.

      fascinating aspect is the way in which Mr. Gore's memories of the 
      temple event have evolved -- to use the politest possible term -- as 
      more information has emerged. During the 1996 campaign, Mr. Gore said 
      his appearance at the Hsi Lai Temple was a ''community outreach'' event.
      Four months later, he remembered it was ''finance related.'' Indeed, it
      was. According to a report by the Senate Governmental Affairs 
      Committee, a witness recalled fund-raising announcements from the 
      podium. The committee also found a memo from Harold Ickes to Mr. Gore 
      telling him that the event would raise $250,000 and would be organized 
      by John Huang, the D.N.C. official who circulated among the donors 
      during lunch.

      Mr. Gore was not aware that the presence of Mr. Huang and Ms. Hsia at 
      the temple luncheon in 1996 proved that money was being raised, we are 
      dealing with obliviousness of a rare order. Those two joined with the 
      Clinton Administration's wealthiest Asian supporter, the Riady family of
      Indonesia, to form a fund-raising group, the Pacific Leadership 
      Council. In 1989, Ms. Hsia helped arrange a P.L.C. fund-raiser for 
      then-Senator Gore that was attended by several monks and nuns from the 
      Hsi Lai temple. Mr. Gore wrote Ms. Hsia a letter thanking her for 
      helping finance his 1990 senatorial campaign. He also traveled to Taiwan
      on a trip she arranged.

      who helped arrange that trip were Mr. Huang, later to emerge as the 
      D.N.C.'s main collector of tainted Asian money, and James Riady, whose 
      family lobbied the White House to put Mr. Huang at the D.N.C. While the 
      Huang-Riady-Hsia team was in close contact with Mr. Gore, Ms. Hsia was 
      developing a remarkable talent for getting nuns and monks to give to the
      Democrats. The Republicans believe that over $100,000 was laundered 
      through Hsi Lai Temple monastics in 1996 alone. The Justice Department 
      charges specifically that Ms. Hsia helped solicit $55,000 for which 
      individual donors were illegally reimbursed with temple funds.Justice's
      formal charges and the related, but more serious Republican allegations
      will be proved or disproved over time. Meanwhile, the pattern that 
      emerges is provocative. In Mr. Clinton's friend Charlie Trie and Mr. 
      Gore's associate Maria Hsia, people with clear Administration ties are 
      being indicted at a smart clip. Finally, the Justice Department is 
      moving. What we do not know is whether it is curiou...

      see more
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    And the worlds greatest...lying hypocrite!

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    I have a friend who was a very close friend of the Gore family years ago. She liked Al, and still does, but said he was dumb as a post. His wife and older daughters had to guide him through his daily life because he did't have a clue. And yet he became a billionaire! I gues brains ain't everything.

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    Get your carbon credits here...

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    As Hitler said, the bigger the lie the more likely it will be believed. That's Algore to a tee.

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    AS they say stupid does what stupid do lol

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    Why is this news? Anybody who hasn't figured this all out by now is too stupid to breathe the same air the rest of us do.

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    Make a billion dollars off lying to people and ripping off companies with carbon 'offset' taxes. What a noble man.

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    Without being censored / banned the nicest thing I can compare to AL the GORE to is a big fat pig that can't stop GOREGING itself. And plesae all you pigs out there, don't take it personally.

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    But he CARES so much! lol!