A lot of talk lately is wondering how Al Gore can have a net worth of 100 mill, yet claim to have donated all his profits from his ecotistical Global Warming campaign to non-profits. Everyone knows he's lying.
Lately, the story is how he buys his carbon offsets from a company he himself owns.
This is old news, posted in many places a year and a half ago.
But what we did when we first heard the story was check out the recipient and found out that regardless of what they claim to do, what they don't do is invest in green things.
We published the following in December of 2007.
The Chairman of Generation Investment Management is Al Gore. Others have reported how in essence, Al Gore is therefore buying Carbon Offsets from himself.
However, the other big story is that is that GIM is not in the Carbon Credits Business!!
Al Gore's Carbon Offsets are being invested in banks, manufacturers (even a few polluters in the bunch). His GIM is purely an investment company that owns shares in the following companies (not a green company in the bunch and none that plant trees or develop windpower sites).
Aflac Inc - Insurance
Aquantive Inc - Digital Marketing
Autodesk Inc - Cad Systems
Becton Dickinson - Medical Supplies
Blackbaud Inc - Fundraising Software
General Electric Co - Conglomerate
Greenhill & Co Inc - Investment Bank
Johnson Ctls Inc - Engineering
Laboratory Corp - Gene Testing
Metabolix Inc - Bio-Plastics
Northern Tr Corp - Bank
Nuveen Invts Inc - Investment Bank
Staples Inc - Office Products
Sysco Corp - Restaurant Food Products
Techne Corp - Biotech Testing Products
Ubs Ag - Bank
Vca Antech Inc - Animal Hospitals
Waters Corp - Lab Testing
Whole Foods Mkt Inc - Food Retailer
I was not surprised to learn this...