New Book Details How Al Gore ‘Lavishly’ Profited Off Climate Lobbying
A new book titled "The Politically Incorrect Guide to Climate Change" catalogues how former Vice President Al Gore became "by far the most lavishly funded fossil fuel player in the global warming debate today."
Written by Marc Morano, founder of ClimateDepot.com, the book lays out how Gore, who spent most of his life in politics, became a multimillionaire. In an excerpt from the book, Morano writes:
And it’s not just universities, professors, and green organizations that have reaped financial benefits from the climate panic. Former vice president Al Gore has done quite well for himself, too. As Bloomberg News reported, “In the last personal finance report he filed as vice president, Gore disclosed on May 22, 2000, that the value of his assets totaled between $780,000 and $1.9 million.”Buy by 2007, Gore’s wealth had skyrocketed. By that point he had a net worth “well in excess” of $100 million, including pre–public offering Google stock options, according to an article at Fast Company. MIT scientist Richard Lindzen declared that Gore wanted to become the world’s first “carbon billionaire.” After the Obama administration bloated climate and energy stimulus packages, Gore was on the path to that achievement.By 2008, Gore was so flush that he announced a $300 million campaign to promote climate fears and so-called solutions. And he just kept raking it in. According to a 2012 Washington Post report, “14 green-tech firms in which Gore invested received or directly benefited from more than $2.5 billion in loans, grants and tax breaks, part of Obama’s historic push to seed a U.S. renewable-energy industry with public money.”The Post explained that Gore “benefited from a powerful resume and a constellation of friends in the investment world and in Washington. And four years ago, his portfolio aligned smoothly with the agenda of an incoming administration and its plan to spend billions in stimulus funds on alternative energy. The recovering politician was pushing the right cause at the perfect time. Gore’s orbit extended deeply into the administration, with several former aides winning senior clean-energy posts.”Republican Congressman Fred Upton of Michigan, the chair of the Energy and Commerce Committee, has been a critic of Gore’s profiting off the taxpayer funds using his government connections. Gore’s portfolio “is reflective of a disturbing pattern that those closest to the president [Obama] have been rewarded with billions of taxpayer dollars and benefited from the administration’s green bonanza in the rush to spend stimulus cash.”
There's other great stuff in the book, like this: "Warren Buffett’s vice chairman Charlie Munger told a small meeting of investors in 2017 that Gore is 'not very smart' and 'an idiot' but he was still able to amass a personal fortune in the investment world. 'Al Gore has hundreds of millions [of] dollars in your profession. And he’s an idiot. It’s an interesting story.' Munger added, 'he’s not very smart. He smoked a lot of pot as he [coasted] through Harvard with a gentleman’s C.'"
Emeritus MIT climate scientist Dr. Richard Lindzen praised the book.
"With his book 'Politically Incorrect Guide to Climate Change,' Marc Morano vies to be the Thomas Paine of the movement to save the world from the tyranny of climate catastrophists. He exposes the seemingly infinite number of absurd claims, and the almost unbounded hypocrisy and venality of the proponents of this clearly inhuman and scientifically implausible attempt to control mankind by controlling and, more importantly, restricting access to energy. This book is an unrelenting polemic of the best kind," Lindzen said.
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