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7 Responses to “WSJ video on plummeting prospects for cap and trade: ‘This is going to be blow to Mr. Gore financially…this is very bad news for his portfolio if cap and trade fails’”
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Carbonicus says:
This is why no one should get too wrapped around the axle about Gore’s self dealing in “carbon credits”, investment in Generation Investment Management, and advocating for policies that will directly benefit him financially. Those who might be angry about the real conflicts of interest in this situation need to understand that the real science will catch up with the political pseudo-science and, when (not if….it’s already happening) it does, he’ll lose more than he ever thought he would make. At this point, there’s a better chance CO2 legislation won’t pass in the US (ever) than that it will, rendering all this worry about Gore’s conflicts of interest moot. 2:1 odds right now that these investments tank vs. make him “the world’s first carbon billionaire”. Real science doesn’t go away. Ask the Catholic church (see Copernican theory), Paul Ehrlich, Thomas Malthus, The Club of Rome, and John Holdren.
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Jack Savage says:
Happy days are here again
The skies above are clear again
Let us sing a song of cheer again
Happy days are here again! -
Well, they’re still doing what they can to keep it under wraps.
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Jason says:
Perhaps Mr. Gore should take all that money he selflessly invested in carbon tax credit schemes in his unselfish quest to provide mankind a way to fight the war on global warming and prove that he is no hypocrite, as he said in San Francisco recently, because he put all his money where his mouth is – and instead Mr. Gore could put it all back into his daddy’s tobacco farming investments, which is where all Mr. Gore’s inherited monies came from in the first place. With Mr. Gore’s monies fully reinvested back into the tobacco farming business, where it originated, he might then earn substantial monthly income to pay for that super heated gigantic swimming pool and all those lights burning in his mansion each night along with the heavy cost of heating and cooling it, corporate jet airplane flights and other such matters of convenience.
[...] Better still, Captain Corpulence’s carbon empire could collapse. [...]