Generation Investment Management is a company set up and co-owned by Gore in 2004. Nothing spectacular you'd think...
They don't hide what it is they are out to do:
We focus on key drivers of global change, including climate change and environmental degradation; macroeconomics, poverty and development; water
and natural resource scarcity; pandemics and healthcare; and demographics, migration and urbanization.
...so no conflict of interest in global warming?
These global challenges pose risks and opportunities that can materially affect a company's ability to sustain profitability and
deliver returns. Our research plays an important role in forming our views on the quality of the business, the quality of management and
Just before this, they wrote:
We are closely aligned with our clients, and our performance is measured over the long term.
...clients such as the UK Government in 2007, when the UK Government were trying desperately to get a new generation of nuclear power accepted by the
people of the UK, and knowing it was going to be virtually impossible without persuasion of the highest order (fear), Al Gore was hired as advisor to
the UK Government on global warming and climate change.
In the months and weeks leading up to the vote in Decemenber 2007, Al Gore was on TV saying how the world was in trouble, and that global warming was
Conveniently, his film, "An Inconvenient Truth", was also about to hit the market. A perfect opportunity arose to not only push his own movie on
every major news and TV station in the UK for weeks at a time, but to gently put pressure on the UK public that nuclear is the way to go to prevent
death and destruction on a global scale, that would rain down in just 50 years.
It was also around this time that the whole subject of global warming/climate change really started to get somewhere.
It seems that Al Gore has finally started to put his plan into action, culminating in hysteria over global warming (since renamed climate change as it
was hard to prove warming, and easier to put everything down to a changing climate).
In conclusion, not only will he try and make money for investors, but he is managing to control the very apparatus that will mean that profit is
almost certain, at our expense. By persuading Governments to implemet cap and trade, and a raft of other measures ("green" power for example), no
doubt he plans to either set up these companies, or otherwise invest heavily in them, in order to make money.
The UK is hell-bent on building wind farms, but since a report released a month ago stated that there is insufficient manufacturing capacity to build
the 40,000 or so wind turbines required, and that by 2020 only 50% at best of the turbines required will be built, it is worth noting that wind energy
has suddenly been dropped as an answer to UK energy requirements..
If that is not bad enough, the majority of off-shore wind turbines built to date around the coast of the UK are not connected to the National Grid.
Will Al Gore jump in and present a solution?
[edit on 27-12-2009 by mirageofdeceit]