Evergreen
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Getting rich on global warming
Warning the world that it is on the brink of disaster has been lucrative for Al Gore.
His wild prediction at Davos that Earth faces ‘rain bombs’ and ‘boiling oceans’ is just his latest in decades of climate alarmism.
At the same time, the former VP has been at the forefront of green technology investment that has seen his wealth balloon to an estimated $330 million.
Four years after losing to George W Bush in 2000, Gore set up Generation Investment Management with former Goldman Sachs Managing Director and close friend David W. Blood.
The mission statement of the investment firm, where Gore collects $2 million in a monthly salary, is to back companies that are making strides towards going green. The firm is worth around $36 billion.
To be fair, Gore has had one bit of luck — his “green” investments have been largely under the radar for the last decade; in 2013, he cashed out his chips for the first time to oil-rich Qatar and coldly tossed the enviro-mentalism movement under the bus: Al Gore Declares Mission Posted at 7:44 am by Ed Driscoll
*Al Gore’s testimony to the House Energy and Environment Subcommittee: “I believe that the transition to a green economy is good for our economy and good for all of us. And I have invested in it. But every penny that I have made, I have put right into a nonprofit, the Alliance for Climate Protection, to spread awareness of why we have to take on this challenge. And, Congresswoman, if you’re… if you believe that the reason I have been working on this issue for 30 years is because of greed, you don’t know me.”
