Al Gore is a Liar!
From the article, which shows us just how Al Gore will profit by government intervention in the market in promoting environmental whacko ideas:
"It would be very helpful if you have government initiative. Without it, it will take longer for these to be economically viable," Patterson told Cybercast News Service. However, Bert Ely, a financial analyst with Ely & Associates of Alexandria, Va., is skeptical that the kind of green investment portfolio Gore is advocating can be profitable without government action. History has shown green companies to be risky ventures, he says
"Wind power, solar and bio-fuels all operate on tax subsidies or purchase requirements," Ely told Cybercast News Service. "The government stimulates demand. The most notorious subsidy is the 51 cent gas credit for ethanol."
"To the extent that you got some kind of government mandate here, whether it is cap-and-trade or a purchasing requirement, a taxpayer subsidy, to me that's a dicey way to look for a return on a venture because what the government giveth it can taketh away -- and often does," Ely said. "You're making a political bet, not an economic bet."
(A cap and trade system would set limits on the amount of carbon a company can emit. The limits are called a "cap." If a company has to exceed the limit, it would be allowed to buy credits from companies that pollute less. This transfer would be the "trade.")
In public statements, KPCB (Kleiner Perkins Caufield & Byers - a firm in which Al Gore has become partnered with) has pointed to the likelihood of new government policies as a selling point for investors.
It looks like a good turnout of intrepid Americans in Portland, Oregon. They were there protesting Al Gore and his scandalous and shameful promotion of the lie of 'global warming':
Portland, Oregon??!! That bastion of liberals and lefties? Gore is in trouble if the Portland, Oregonians are assembling against him!
HT Mr. Grey Ghost.
Cross posted at A Tangled Web
"It would be very helpful if you have government initiative. Without it, it will take longer for these to be economically viable," Patterson told Cybercast News Service. However, Bert Ely, a financial analyst with Ely & Associates of Alexandria, Va., is skeptical that the kind of green investment portfolio Gore is advocating can be profitable without government action. History has shown green companies to be risky ventures, he says
"Wind power, solar and bio-fuels all operate on tax subsidies or purchase requirements," Ely told Cybercast News Service. "The government stimulates demand. The most notorious subsidy is the 51 cent gas credit for ethanol."
"To the extent that you got some kind of government mandate here, whether it is cap-and-trade or a purchasing requirement, a taxpayer subsidy, to me that's a dicey way to look for a return on a venture because what the government giveth it can taketh away -- and often does," Ely said. "You're making a political bet, not an economic bet."
(A cap and trade system would set limits on the amount of carbon a company can emit. The limits are called a "cap." If a company has to exceed the limit, it would be allowed to buy credits from companies that pollute less. This transfer would be the "trade.")
In public statements, KPCB (Kleiner Perkins Caufield & Byers - a firm in which Al Gore has become partnered with) has pointed to the likelihood of new government policies as a selling point for investors.
It looks like a good turnout of intrepid Americans in Portland, Oregon. They were there protesting Al Gore and his scandalous and shameful promotion of the lie of 'global warming':
Portland, Oregon??!! That bastion of liberals and lefties? Gore is in trouble if the Portland, Oregonians are assembling against him!
HT Mr. Grey Ghost.
Cross posted at A Tangled Web
posted by Grizzly Mama | 09:39
11 Comments:
I think this weekend's CRU scandal will be the final nail in the global warming debate. Al Gore's the biggest hypocrite!
Thanks for the comment at my blog. I met Michelle Malkin last week and put up a post about it. She's a great speaker and leader, and she's got faith in all of us to keep the pressure on.
Donald - I saw the post with the pics of Michelle. Very exciting to be able to meet her!
Yes - the hacking of CRU ought to put this whole ridiculous AGW bunch of crap right away. The true believers are scrambling like hell to deal with this.
They had a big protest in Florida when Al Gore showed up too!
Follow the money if you want to find out why these Global Warming Baloney is more about making liberals rich than saving the planet...
HAPPY THANKSGIVING MONICA!
Good for those protesters!
Amen to the following the money, Mike.
Thank you and you have a happy Thanksgiving, too!
Happy Thanksgiving, Monica!
I still cannot get over that my neighbor actually believes in Al Gore and his crap! **sigh**
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Happy Thanksgiving to you and Troll, Monica.
Thank you Skye!
AOW - my oldest daughter had a project to do in school: Create a brochure with global warming information. She was the only kid in class to create her brochure taking the position AGAINST AGW. Many of the kids in her class are true believers and they are incapable of tolerating any dissent on the issue. She enjoys rattling their cages. lol
Happy Thanksgiving to you, too AOW - and to your husband. You both must be so glad to have him back home.
Heehee. I was permanently banned from a guy's blog for daring to suggest that Gore was getting rich on his global warming BS.
That's how they do it, tshsmom! They just don't want to hear it - and that's what those scientists at the CRU did.
I wonder how much ComEd, Exxon, Duke Energy, Ford, ConocoPhillips, BP, Shell and the meat/dairy/agricultural industry and those guys stand to profit by pretending climate change isn't real and the products they sell don't contribute to it. Or better yet, how much money they stand to lose in admitting it.
Follow the money...There is your answer. Al Gore maybe stands to make a few grand opposed to billions!
Wake up, you are being lied to."The greater the lie, the greater the chance that it will be believed."
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