About This Video
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Published: Fri, 1 May 2009
Description: Al Gore charged with profiting off global warming campaign
Automatically Generated Transcript (may not be 100% accurate)
" And a personal story segment tonight it seems that being green does hey. Big time just ask Al Gore mr. global warming was worth about two billion dollars or so when he left office in 2001. But after eight years of tirelessly working to save the world the planet he's now reportedly get -- worth a whopping all hundred million dollars. His financial windfall came up at last week's Capitol Hill hearing. Is it doesn't legislation that we are discussing here today is that something that you are going to. Personally benefit from."
" If you believe that the reason I have been working on this issue for thirty years. Is because of greed. You don't know me I've been willing to put my money where my mouth is do you think there's something wrong with being active in business in this country."
" I am simply asking for player I'm proud up a relationship. I'm proud out. That she gives you a question actually answer and let us now mark -- is the executive editor of climate depot dot com."
" Mark that was kind of a hot caring with Al Gore and and the congresswoman and tell us what we need to know about Al Gore's relationship to. Business that will seek to profit off any kind of cap and trade legislation."
" Well you mentioned Al -- went from two million dollars 200 million dollars according to Bloomberg a lot of things -- speaking and the other investments absolutely yes. And I think it's I also think Al -- motivated beyond money and he is an ideologue is of committed believer so it's not fair to say is doing at all the money. But this is big business in Washington this for a lobbyist for climate lobbyists for every member of congress that's how bad it's gotten. But Al Gore. Yeah she mentioned the law firm Kleiner Perkins Al Gore received as a partner and that's arm which -- of a billion dollars. In forty different firms now when government mandates come down the road this is going to increase this company's business and portfolio and the amount of profit Al Gore. According to Dick wins and one of his scientists from MIT is it is who Al Gore's criticized. Al Gore wants to become the first carbon billionaire. And he's poised to do it he has the alliance for climate protection. He had his other groups in the in the UK generation investment management. Both of these groups one -- pledged to spend 300 million dollars to promote climate fears. Promote government policy that's gonna force carbon markets carbon trading where Al -- essentially either founded our partner in a whole wide range of groups including in Chicago and in the UK stock market climate carbon trading where he has -- poised to benefit incredibly as much as he's made now. Is going to be -- really wow what he's going to make in five years if all these new carbon trading mandates."
" reminds me of that of the GE I'm joint venture that she's going to be involvement there involved with that also. Eight on the G you'll."
" Make billions perhaps if NAFTA trade goes through and and I now factors that all of us that. Chip that. Have advisory at the bottom of the screen anytime they report on cap and trade because it. There interest in the ultimate outcome of the legislation and look I agree the island Al Gore's -- as wealthy -- wealthy before I. I'm not sure that's that's not moderation but that's the point here the point -- there's personal interest here that he'd want to talk about for good reason."
" I think in the promotion a manmade climate for some estimates have been up to fifty billion since 1990s sped through the United Nations foundations. NBC gave out where some like 75 free TV time combat hours for his live earth concert -- Odd I mean did all kinds of Diana sees that happening but at the bottom line is the money is all on the side of promotion. ExxonMobil gets excoriated for nineteen million dollars allegedly given to skeptical groups well one USDA form grant of twenty million to study how -- motors. Farm voters contributed global warming exceeded all the money the largest oil companies ever been accused of giving. This is big business in Washington the environmental groups are tired. Just chomping at the bit for what's about to happen. He who controls carbon controls life. It's a bureaucrats seem to control carbon and Washington outfielder -- don't call it that cap and trade college global warming tabloids that are covering up these."
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