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Thread: Gore's 'Carbon Offsets' Paid to Firm He Owns

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    Gore's 'Carbon Offsets' Paid to Firm He Owns

    Posted: March 2, 2007
    4:13 p.m. Eastern

    Critics say justification for energy-rich lifestyle serves as way for former VP to profit.

    Al Gore defends his extraordinary personal energy usage by telling critics he maintains a "carbon neutral" lifestyle by buying "carbon offsets," but the company that receives his payments turns out to be partly owned and chaired by the former vice president himself.

    Gore has built a "green money-making machine capable of eventually generating billions of dollars for investors, including himself, but he set it up so that the average Joe can't afford to play on Gore's terms," writes blogger Dan Riehl.

    Gore has described the lifestyle he and his wife Tipper live as "carbon neutral," meaning he tries to offset any energy usage, including plane flights and car trips, by "purchasing verifiable reductions in CO2 elsewhere."

    But it turns out he pays for his extra-large carbon footprint through Generation Investment Management, a London-based company with offices in Washington, D.C., for which he serves as chairman. The company was established to take financial advantage of new technologies and solutions related to combating "global warming," reports blogger Bill Hobbs.

    Read rest of article HERE

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    Senior Member Uwe Jens Lornsen's Avatar
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    Washington State about to introduce Carbon Tax

    November 6th , at the midterm elections , the Pacific-Coastal state of Washington is probably introducing
    a carbon tax .

    Lobbyists for the introduction of the Carbon Tax include Bill Gates and Michael Bloomberg ,
    and have gathered around $15 Mio. for compainging .

    Big Oil now as the Western States Petroleum Association including BP America, Phillips 66, Andeavor
    have gathered $31 Mio.

    Washington is the leading producer of electricity from hydroelectric sources,
    and although not a crude oil producing state,
    Washington ranks fifth in the U.S. in crude oil refining capacity, according to EIA data.
    https://oilprice.com/Latest-Energy-N...arbon-Tax.html
    Mk 10:18 What do you call me a good master, no-one is good .

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    Al Gore defends his extraordinary personal energy usage by telling critics he maintains a "carbon neutral" lifestyle by buying "carbon offsets,"

    LOL ... well that's something to be proud of

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    Senior Member Uwe Jens Lornsen's Avatar
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    Carbon Fee - not Tax

    The voters might have rejected the carbon tax in Washington , as they did in year 2016 already ,
    though Washington State is 50-60% Democrat's voters outcome .

    Washington state is pouring around 75 mio. metric tonnes of CO2 into the air annually .

    The proposal in 2016 and 2018 both wanted to start with a fee of $15 /t .

    The prediction had been an intake of $2.3 bio. over 5 years , approximately $400 mio. each year .

    75'000'000 × 15 = 1.125 billon Dollars a year , so the initiative wants to affect just ⅓ of CO² emissions .

    But $400 million a year seems to be a honeypot for Public Servants jobs at the supervising board to be created ,
    and 20% of it would be 80 million dollars a year , which should suffice ,
    and the fee would be $3/t instead of $15/t .


    The neighbouring country of Canada has apparently already introduced a carbon fee in year 2008 ,
    thus I suspect , that at least a few couple of companies have left Canada for the U.S. , to reduce production costs .

    Read more here : https://ballotpedia.org/Washington_I...Measure_(2018)
    Initiative Measure No. 1631 concerns pollution.

    This measure would charge pollution fees on sources of greenhouse gas pollutants and use the revenue to reduce pollution, promote clean energy, and address climate impacts, under oversight of a public board.

    Should this measure be enacted into law? [14]
    Mk 10:18 What do you call me a good master, no-one is good .

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