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(Some Guy)   The "carbon offset" certificates Al Gore buys for his 200-bazigawatt house are actually just stock certificates in a company he founded. But he feels very guilty about getting rich from it   (billhobbs.com) divider line
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14539 clicks; posted to Main » and Politics » on 01 Mar 2007 at 9:20 PM (16 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2007-03-01 3:50:15 PM  
"Gore is chairman of the firm and, presumably, draws an income or will make money as its investments prosper. In other words, he "buys" his "carbon offsets" from himself, through a transaction designed to boost his own investments and return a profit to himself. To be blunt, Gore doesn't buy "carbon offsets" through Generation Investment Management - he buys stocks"

How does Gore do it?!?!?!?!??!


...... VOLUME!!!!!

 
2007-03-01 3:54:12 PM  
I'm shocked. SHOCKED.
 
2007-03-01 4:00:06 PM  
Wait, so somehow the fact that he bought the offsets from a company that he owns makes them less effective?

I've said it before, and I'll say it again: environmentalist =/= conservationist.

He preaches the need for renewable, clean energy, not no energy at all. It's simply a strawman built by the right wingers.
 
2007-03-01 4:04:11 PM  
Why is everyone so worked up over Al Gore? He is so far beyond politically irrelevant. Keep biatching about Hillary, she's a more viable, and more important, target.
 
2007-03-01 4:04:24 PM  
I really don't understand what the damned problem is. He puts his money into a carbon offset fund that invests in alternative energy consumption, but because he was a founding member, he (and it) are evil?
 
2007-03-01 4:04:35 PM  
How many times do we have to see the same 2 Gore stories submitted?
 
2007-03-01 4:04:45 PM  
Poopspasm: It's simply a strawman built by the right wingers.

Maybe some of them burn strawmen to heat their homes.
 
2007-03-01 4:08:06 PM  
Does anyone start sharpening their pitchforks this loudly when Richard Parsons pays his cable bill?
 
2007-03-01 4:20:56 PM  
I'm really starting to hope he runs now.
 
2007-03-01 4:23:11 PM  
Guy Innagorillasuit: I'm really starting to hope he runs now.

so am i.
 
2007-03-01 4:39:05 PM  
the_gospel_of_thomas: so am i.

You don't need to know who the Republican candidate will be ?

Heh, just kidding.

Obviously.
 
2007-03-01 4:47:03 PM  
the_gospel_of_thomas: so am i.

Don't be too hasty. I'm pretty sure the number of right-wing strokes caused by a Gore/Clinton ticked would keep the Republicans out of the Whitehouse for the next 15 years or so.
 
2007-03-01 4:53:38 PM  
I am not sure about the actual content of the story, but I have to say that this is the most effect use of the strike command evar.
 
2007-03-01 5:00:35 PM  
Let me guess, Gore supported the work of this company so much that he invested in them.

/DRTFA
 
2007-03-01 5:01:03 PM  
Mordant: You don't need to know who the Republican candidate will be ?

whoever the republican candidate is ..... matters nothing in a thread about al gore and if he might run for president.


Avocado ice-cream.

Heh just kidding.

/obviously has as much to do with the topic of this page as your comment.
 
2007-03-01 5:26:11 PM  
Are Carbon Offsets the new eco-indulgences?
 
2007-03-01 5:48:55 PM  
The_gospel_of_thomas

Al Gore is a good, decent man who actually tries to make a difference in his political life. He's boring, has zero charmisma, and is very heavy-handed in his policy approaches. I was amazed he got as close to being President as he did.

He's one of the few politicians whose integrity I actually respect. His policies I have severe problems with, but I honestly believe he's trying to do good in the world.

I also think there's a chance he would win, should he run again-- an "apology" vote, if you will.

Now continue your attack-dog day.
 
2007-03-01 5:50:41 PM  
As Wikipedia explains,...
Wikipedia goes on to explain that...
Wikipedia again:
As one commenter posting here and on other blogs has noted:


Oh noes, this blooger is legit!
 
2007-03-01 6:03:26 PM  
You know what else? Al Gore would kill you, beat your wife, and rape your daughter if he had the chance.
 
2007-03-01 6:06:24 PM  
Corvus: It keeps fascinating me how it seems the Right completely does not understand environmentalism or anything to do with it.

I think they're stuck in a world of cynical paranoia. They believe that the whole global warming thing is just a political ploy to get votes for democrats. Because environmentalism leads to more regulation, which leads to bigger government, which leads to more taxes.

They don't realize that unchecked laissez-faire capitalism can ruin the world because there is simply no economical incentive to not pollute the environment. Look at the technological post-war chemo-industrial boom and the amount of dangerous waste that was simply dumped into any nearby stream, lake, ocean, drinking water source...

 
2007-03-01 6:07:01 PM  
Stupid rogue bold tag...
 
2007-03-01 6:07:02 PM  
how is it that purchasing carbon offsets to make yourself carbon neutral is helping combat global warming?

my confusion is this: it seems to me if carbon emissions completely stopped today, the place would continue to warm, its pace just wouldn't accelerate.
 
2007-03-01 6:08:20 PM  
.... looks like Unright needs to invest in some html - close tag - credits ...
 
2007-03-01 6:10:13 PM  
Corvus: It keeps fascinating me how it seems the Right completely does not understand environmentalism or anything to do with it.

It keeps fascinating me that the exact same article keeps getting submitted, only each time it is submitted as a article on a different blog.

Kinda like a.....con...con.....consp....coincidence.


And each time, it doesn't mention the company that the Inconvenient Truth website recommends as a place to buy carbon offsets. You would think that Gore would instead direct people to his own company, no?
 
2007-03-01 6:10:36 PM  
Unright: Stupid rogue bold tag...

or MIA close-tag
 
2007-03-01 6:10:46 PM  
Gore Has a Big House count: 29

Gore Pays Himself for Energy count: 8

Someone's really afraid of this guy.
 
2007-03-01 6:14:53 PM  
Additionally, it appears that Generations Investment isn't a place to buy carbon offsets at all, but instead a 'green' investment portfolio.

I wonder about the accuracy of this 'grassroots' blog post.
 
2007-03-01 6:26:55 PM  
this one has officially reached 3 layers of abstraction from a measurable readout on my give-a-shiat-o-meter.
 
2007-03-01 6:30:22 PM  
Skleenar: Kinda like a.....con...con.....consp....coincidence.

Or, as is the case here, the same blogger blogging at two different sites.

My bad.
 
2007-03-01 6:32:19 PM  
Guide for determining who submitted an article to Fark.com:

1. If the_gospel_of_thomas is the first person to post a comment in the thread, then tgot is the submitter.

2. If not, then flip a coin. Heads, submitter is 40below. Tails, it's a mystery!

I'd talk about the subject of this thread, but I really don't care.
 
2007-03-01 6:33:12 PM  
global wa....smoooookescreeeeeen..... BOOGA!

But hey, can we talk about glo.. smoooooookescreeeeeeen.... Gore... BOOGA BOOGA!

At some point you dim right wingers will wake up and realize you live on the same planet as the lefties.... or maybe not.
 
2007-03-01 6:44:12 PM  
Oh yay, more trendy Gore-bashing. Zzzzzzz.
 
2007-03-01 6:44:17 PM  
Meanwhile...down in Crawford...
 
2007-03-01 6:50:07 PM  
POAC: Let me guess, Gore supported the work of this company so much that he invested in them.

There's a difference between saying "invest in these companies because it's a good investment" and saying "invest in these companies because if you don't you're a horrible person who doesn't care about the Earth." One is honest salesmanship. The other is a play on guilt. (Johann Tetzel had a similar racket going during the Middle Ages.)

Skleenar: And each time, it doesn't mention the company that the Inconvenient Truth website recommends as a place to buy carbon offsets. You would think that Gore would instead direct people to his own company, no?

So I looked at the company. NativeEnergy is a privately-held equity firm owned by a consortium of several midwestern Indian tribes looking to develop wind farms, which happen to be located on Indian reservations. (Follow the links on the site, they're all there.) Now, there's nothing wrong with that, this is just good old fashioned American capitalism (though with the guilt angle mentioned above.) But saying that either of these companies "offset" anyone's carbon output is flat dishonest. Building wind farms alone doesn't take CO2 out of the atmosphere, if anything it is a negligable increase (unless the wind farms just appear out of nowhere, they have to be manufactured and constructed, which takes energy just like anything else, which, if they get it from CO2-producing power sources, results in more CO2 in the atmosphere.) Now, if this fund were, for example, buying up and closing coal power plants, that would be a real carbon offset. Of course, nobody would invest money in a company that did that, because nobody would make a profit.

You want to invest your money in this stuff, go ahead. If you make a profit, good for you. But don't try to claim sainthood because of it. You're trying to make a buck and sell a product. Just like everyone else.
 
2007-03-01 6:59:05 PM  
MasterThief: There's a difference between saying "invest in these companies because it's a good investment" and saying "invest in these companies because if you don't you're a horrible person who doesn't care about the Earth." One is honest salesmanship. The other is a play on guilt. (Johann Tetzel had a similar racket going during the Middle Ages.)

That's an interesting point. Please find an example that makes it applicable to this thread.
 
2007-03-01 7:05:31 PM  
MasterThief
Building wind farms alone doesn't take CO2 out of the atmosphere, if anything it is a negligable increase (unless the wind farms just appear out of nowhere, they have to be manufactured and constructed, which takes energy just like anything else, which, if they get it from CO2-producing power sources, results in more CO2 in the atmosphere.)

This is where you are wrong. More wind farms mean that power generation companies do not have to rely on fossil fuels as much to generate power. This means less CO2 in atmosphere in the future. Even if there is some initial cost in their production, which requires fuel, they make it up in the long term. At least, that's the idea. I have no idea if they do or do not; you don't either.

But you knew that. I'll let you get back to frothing at the mouth about Gore.

[image from img127.imageshack.us too old to be available]
 
2007-03-01 7:10:06 PM  
MasterThief: So I looked at the company. NativeEnergy is a privately-held equity firm owned by a consortium of several midwestern Indian tribes looking to develop wind farms, which happen to be located on Indian reservations. (Follow the links on the site, they're all there.) Now, there's nothing wrong with that, this is just good old fashioned American capitalism (though with the guilt angle mentioned above.) But saying that either of these companies "offset" anyone's carbon output is flat dishonest. Building wind farms alone doesn't take CO2 out of the atmosphere, if anything it is a negligable increase (unless the wind farms just appear out of nowhere, they have to be manufactured and constructed, which takes energy just like anything else, which, if they get it from CO2-producing power sources, results in more CO2 in the atmosphere.) Now, if this fund were, for example, buying up and closing coal power plants, that would be a real carbon offset. Of course, nobody would invest money in a company that did that, because nobody would make a profit.

Why is it that so many otherwise intelligent people seem to feign stupidity when making politial points?

First off: Yes it takes energy to build windmills--no one doubts that. But if you invest some energy (which probably means carbon emissions) into making the wind generator, it then will produce future energy without emissions. If the ratio of energy used to make said wind generator to energy said wind generator will produce over it's lifetime is not somehwere near zero, you have serious problems with your wind generator design.

Secondly: Yes, windfarms do help the climate problem in that every megawatt generated with wind is a megawatt that is not generated by fossil fuels. Which, then, reduces the rate at which carbon dioxide is increasing in the atmosphere. Carbon Dioxide is removed every day from the air through a myriad of natural processes, including plant respiration. The trick is not to stop producing CO2, but to produce it at a rate that natural processes can balance out the rate at which it is dumped into the air.

Thirdly: Simply taking a chunk of x number of tons of CO2 out of the atmosphere is chump change. The major effect we can have is by affecting the rate at which we dump the stuff into the air. Thus the most powerful way we can do so is through changing the infrastructure we have that produces CO2 and substituting something else; which is exactly what companies like Native Energy do.

Lastly: If enough of these sorts of sustainable energy sources were built, we could close down coal plants--We just don't have enough capacity now. There is no need to buy them.
 
2007-03-01 7:19:51 PM  
[image from img408.imageshack.us too old to be available]
 
2007-03-01 7:24:34 PM  
[image from i27.photobucket.com too old to be available]

Martin: I must have spent our last 10 dollars on this Al Gore doll!

Al Gore Doll: You... are... hearing... me... talk.


/seriously, who gives a pschitt about al gore?
 
2007-03-01 7:44:36 PM  
Oh, and by the way--

While Gore's house uses 20x the energy of the average US residence (including apartments), the comparison for average single residence homes in his immediate area is only about 3x smaller. And for residences of similar size, it is dead on for watts/sf.

Which is pretty good, considering that he uses his home for a workplace.

Now, you could still argue that he could very well move to a smaller house, or move to a part of the country where utility bills are smaller, but at least engage in comparing apples to apples when trying to smear the guy, ok?
 
2007-03-01 8:07:29 PM  
MyNameIsNotMervGriffin

Unright:
Oh noes, this blooger is legit!

What's a blooger? Is that like when you pick your nose and instead of being all hard or crunchy it's all wet and stringy?
I think its what you pull out of your nose after you have had a blood nose.

But what kind of a journalist quotes wikipedia? and actually admits that, that is the extent of his researching capabilities
 
2007-03-01 8:12:13 PM  
MyNameIsNotMervGriffin: What's a blooger? Is that like when you pick your nose and instead of being all hard or crunchy it's all wet and stringy?

That's pretty much what this guy is, no?
 
2007-03-01 8:13:20 PM  
MyNameIsNotMervGriffin
Al gore weighing 1,800 pounds does not affect anyone but al gore, and if al gore is sending food to starving people in Africa as well then that's only affecting non al gore people for the good.
 
2007-03-01 8:16:45 PM  
Observation #1: Wow, it really drives neocons nuts when smelly, filthy, enviromentalist, nazi hippy Democrats turn out to be rich, eh?

Observation #2: So Gore buying carbon credits from a company he owns is bad ... but Cheney earning money from HAlliburton contracts in Iraq is good?

You know, sauce for the goose and all that.
 
2007-03-01 8:18:39 PM  
MyNameIsNotMervGriffin: "So I don't REALLY weigh 1,800 pounds, because throwing money at the problem makes it disappear. Best of all, I don't have to go on a diet!"

1) You really enjoy reading your own posts, dont you

2) This is a rediculous false analogy.

People live in large houses, especially former politicians who work from home. Skleenar was trying to provide context.

Vice Presidents make 5x the average household income, and about the same as people working in the white house. Are you going to rip on people for that too?
 
2007-03-01 9:11:36 PM  
MyNameIsNotMervGriffin: "So I don't REALLY weigh 1,800 pounds, because throwing money at the problem makes it disappear. Best of all, I don't have to go on a diet!"

You just made the intarweb stupider.
 
2007-03-01 9:16:15 PM  
dedekind_cut: People live in large houses, especially former politicians who work from home. Skleenar was trying to provide context.

He also missed the fact that Gore's 'obscenely big' mansion only uses 3x the energy of an average home in his climactic area.

You know, I think I realize why these righties are going nuts over this whole thing. For years, Limbaugh and Exxon and co. have been telling them that going away from fossil fuels means sacrifice and poverty.

So when they see someone living well and doing it green, they think they have found the quintessential hypocrite.

But all they have really found is yet another goddamn strawman.
 
2007-03-01 9:22:05 PM  
Skleenar: That's an interesting point. Please find an example that makes it applicable to this thread.

I was trying not to bring up the entire analogy, but what the hell. Carbon offsets have been compared (accurately IMO, and not just by conservatives) to the Catholic church's practice of selling indulgences, which promised absolution from sin in exchange for money. (It was Tetzel's abuse of this system that inspired Luther to write the 95 Theses and inadvertently set off the Protestant Reformation.) Carbon offsets promise exactly the same deal... "sin" (i.e. produce carbon) all you want, then just pay some money and all is forgiven. No need to actually not sin. And of dubious effectiveness. Same sales pitch, 500 years apart.

inTheJungle: This is where you are wrong. More wind farms mean that power generation companies do not have to rely on fossil fuels as much to generate power.

This is true, provided that demand for electricity is constant...

This means less CO2 in atmosphere in the future.

Not necessarily. The key part is what you do with the CO2-producing plants. If you keep them online to generate power because it's either keep up with demand or cause rolling blackouts for your customers, then you're not going to take CO2 out of the atmosphere. I know at this point you're going to say "why not conserve power?" Energy conservation is an asymptotic thing - every step closer you take to your goal is more difficult and expensive. There comes a point where you can only do more with more. And as long as America's population is growing and demanding jobs and a single family home, power demand is going to go up. The only way to get around that is to impose heavy restrictions on energy production and use and simultaneously DVDA the American economy. Yes, there are plenty of arguments for getting rid of coal/oil/gas fired power plants. But carbon "offsets," at least the ones Al Gore is hawking, aren't persuasive.

Skleenar: Why is it that so many otherwise intelligent people seem to feign stupidity when making politial points?

Well, I imagine the emperor considered the boy who told the crowd said emperor had no clothes on was pretty stupid, too.

First off: Yes it takes energy to build windmills--no one doubts that. But if you invest some energy (which probably means carbon emissions) into making the wind generator, it then will produce future energy without emissions. If the ratio of energy used to make said wind generator to energy said wind generator will produce over it's lifetime is not somehwere near zero, you have serious problems with your wind generator design.

This is true. I should have been clearer on that. The actual CO2 output from producing wind generators is so miniscule as to be non-existent.

Secondly: Yes, windfarms do help the climate problem in that every megawatt generated with wind is a megawatt that is not generated by fossil fuels. Which, then, reduces the rate at which carbon dioxide is increasing in the atmosphere.

As I said, this depends on actually taking the CO2-producing power plants offline. If you don't do that, you haven't done anything in terms of CO2 output.

Thirdly: Simply taking a chunk of x number of tons of CO2 out of the atmosphere is chump change. The major effect we can have is by affecting the rate at which we dump the stuff into the air. Thus the most powerful way we can do so is through changing the infrastructure we have that produces CO2 and substituting something else; which is exactly what companies like Native Energy do.

NativeEnergy's investments are half the problem. But in terms of actually reducing CO2 output...well, they just don't do that. It's like those disclaimers on weight-loss supplements... the pills may help a bit on the margin, but if you really want to lose weight, eat better and exercise. No other way around it.

Lastly: If enough of these sorts of sustainable energy sources were built, we could close down coal plants--We just don't have enough capacity now. There is no need to buy them.

Unless someone figures out a way to turn the wind on and off at will, you're going to need a power source that you can. (The laws of politics are trumped by the laws of physics.) This means either fossil fuels, hydro, or nuclear. Those are your choices. (Personally, I'd like to see next-gen nuclear reactors, and lots of them. But that's just me.)
 
2007-03-01 9:25:11 PM  
Al Gore is a dick.
 
2007-03-01 9:25:15 PM  
Gore Lied, Trees Died.
 
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