HolyCoast: Gore Buys His Carbon Offsets From Himself
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Sunday, March 04, 2007

Gore Buys His Carbon Offsets From Himself

Mark Steyn has his usually brilliant piece in today's Chicago Sun-Times, and the subject this week is Al Gore and his carbon-guzzling mansion in Nashville. As Steyn points out, Al's got quite the deal going as he buys "carbon offsets" to neutralize his impact on the environment. The best part is, he buys them from himself:
And, in fact, in the Reverend Al's case it's even better than that. Al buys his carbon offsets from Generation Investment Management LLP, which is "an independent, private, owner-managed partnership established in 2004 and with offices in London and Washington, D.C.," that, for a fee, will invest your money in "high-quality companies at attractive prices that will deliver superior long-term investment returns." Generation is a tax-exempt U.S. 501(c)3. And who's the chairman and founding partner? Al Gore.

So Al can buy his carbon offsets from himself. Better yet, he can buy them with the money he gets from his long-time relationship with Occidental Petroleum. See how easy it is to be carbon-neutral? All you have do is own a gazillion stocks in Big Oil, start an eco-stockbroking firm to make eco-friendly investments, use a small portion of your oil company's profits to buy some tax-deductible carbon offsets from your own investment firm, and you too can save the planet while making money and leaving a carbon footprint roughly the size of Godzilla's at the start of the movie when they're all standing around in the little toe wondering what the strange depression in the landscape is.
What a racket. Read the whole thing.

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