NewsBusters ran a story with this damning quotation:
http://newsbusters.org/blogs/noel-sheppard/2008/04/11/gore-admits-financial-reasons-advancing-global-warming-hysteriaGore Admits Financial 'Stake' In Advancing Global Warming Hysteria
By Noel Sheppard (Bio | Archive)
April 11, 2008 - 08:38 ET
For years, NewsBusters has reported on Al Gore's financial interests in advancing global warming hysteria around the world.
On March 1, while speaking at the
http://www.ted.com/index.php/pages/view/id/48">TED Conference in Monterey, California, the Nobel Laureate admitted to having "a stake" in a number of green "investments" that he recommended attendees put money in rather than "sub-prime carbon assets" like "tar sands" and "shale oil."
This occurred as pictures of such products appeared on the screen with names of the companies involved (
http://www.ted.com/talks/view/id/243">video available here, relevant section begins at minute 15:00, h/t NBer Sick-and-Tired):
There are a lot of great investments you can make. If you are investing in tar sands, or shale oil, then you have a portfolio that is crammed with sub-prime carbon assets. And it is based on an old model. Junkies find veins in their toes when the ones in their arms and their legs collapse. Developing tar sands and coal shale is the equivalent. Here are just a few of the investments I personally think make sense. I have a stake in these so I’ll have a disclaimer there. But geo-thermal concentrating solar, advanced photovoltaics, efficiency, and conservation.
…
I'm
shocked! OK, so I'm not shocked.
Now, if Al Gore admitted he was heavily invested in tar sands or shale oil,
then I would be shocked, and disappointed. As it stands, it looks to me like he's, "putting his money where his mouth is," i.e. investing in just the sort of technologies he recommends.