Originally posted by LightZephyrX:
I think Al Gore is just promoting himself through his "Global Warming" ideals.
That is true, but the real truth is far worse and much more nefarious than most people realize.
Al Gore's global warming activities involve far more than any concern about climate or the planet. He's no fool. He knows what he is doing. His motives are about money and control. It's about billions and billions of dollars.
The whole motivation of the global warming movement to get this country to sign international treaties that would force our government to implement mandatory carbon "cap and trade" regulations and set up government sanctioned "carbon exchanges" that would trade carbon as a commodity.
This would cost untold hundreds of billions of dollars to all the companies that would be forced into this regulation and carbon trading scheme. That cost would be paid by consumers in extremely high energy prices and high consumer good prices.
The largest beneficiaries of such new government and international regulations would be those that set up the investment companies, carbon trading exchanges, and the investment bankers that have underwritten these government mandated artificial market mechanisms. Al Gore, many of his friends, and numerous liberal organizations would reap billions of dollars of profit.
Al Gore several years back set up a company named
Generation Investment Management with a former Goldman Sachs executive. It also involved several other Goldman executives including current Treasury Secretary Henry Paulson. Gore's GIM is a UK company.
http://www.humanevents.com/article.php?id=22663 GIM appears to have considerable influence over the major carbon-credit trading firms that currently exist: the Chicago Climate Exchange (CCX) in the U.S. and the Carbon Neutral Company (CNC) in Great Britain. CCX is the only firm in the U.S. that claims to trade carbon credits.
Clearly, GIM is poised to cash in on carbon trading. The membership of CCX is currently voluntary. But if the day ever comes when federal government regulations require greenhouse-gas emitters -- and that's almost everyone -- to participate in cap-and-trade, then those who have created a market for the exchange of carbon credits are in a position to control the outcomes. And that moves Al Gore front and center.
We do know that Goldman Sachs has commissioned the World Resources Institute (affiliated with CCX), Resources for the Future, and the Woods Hole Research Center to research policy options for U.S. regulation of greenhouse gases. In 2006, Goldman Sachs provided research grants in this area totaling $2.3 million. The firm also has committed $1 billion to carbon-assets projects, a fancy term for projects that generate energy from sources other than oil and gas. In October 2006, Morgan Stanley committed to invest $3 billion in carbon-assets projects. Citigroup entered the emissions-trading market in May, and Bank of America got in on the action in June.
Now, on Monday Al Gore announced a new deal with the largest venture capital firm in Silicon Valley, Kleiner Perkins Caufield & Byers....
http://apnews1.iwon.com/article/20071112/D8SS9V580.html "Al Gore announced Monday he's joining Silicon Valley's most prestigious venture capital firm to guide investments that help combat global warming."
"Also Monday, Kleiner Perkins partner John Doerr announced he's joining the advisory board of Generation Investment Management, the $1 billion investment firm that Gore founded with David Blood, who previously managed $325 billion in assets out of Goldman Sachs' London office. Doerr is one of Silicon Valley's most outspoken clean-tech advocates."
Al Gore has set himself up to be a hub of global warming related investment strategies and carbon offset schemes. He has also set himself up to reap untold millions off of any government mandated global warming regulations that he lobbies for such as "cap and trade" schemes.
Al Gore and many influential people are laying the groundwork here to make billions of dollars off of forced government intervention and regulations pushing a global warming agenda that will do nothing to change anything other than transfer wealth from the citizenry of this country to an elite few people, organizations and other nations (once UN Kyoto Treaty Protocols may possibly kick in if enacted).
That wealth will be ripped from the populace through extremely high energy prices that almost all energy companies will be required to pay through government mandated purchasing of carbon credits.
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