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Line 1: − + − ==Quotes==+ − A fifteen-year-old girl from Maine claimed:+ − *"The real money that Al will make is through his new company, Generation Investment Management, a company that seeks to establish the rules and licensing for the new carbon-trading scheme."<ref>http://theanchoressonline.com/2007/05/25/will-gore-debate-kristen-byrnes-on-global-warming</ref>+ + − +
Generation Investment Management (view source)
Revision as of 03:07, August 23, 2007
, 03:07, August 23, 2007added more content, took out quote, but replaced it with another that know's more on the issue.
'''Generation Investment Management''' is a firm created by [[Al Gore]] and five others. <ref>http://www.generationim.com/about/team.html</ref>
'''Generation Investment Management''' (GIM) is a firm founded by [[Al Gore]], former Goldman Sachs executive David Blood, and three other founding partners in August 2004<ref>http://www.cnsnews.com/ViewNation.asp?Page=/Nation/archive/200703/NAT20070307a.html</ref>.
The company, which has acquired more the $1 billion<ref>http://manoverboard.com/portfolio/generation.html</ref>, was setup to establish rules for licensing and carbon-trading in an attempt to create a significant market for the sale of the highly criticized "[[carbon offset]]s"<ref>http://theanchoressonline.com/2007/05/25/will-gore-debate-kristen-byrnes-on-global-warming</ref>, it also buys shares in companies that fit its founders' definition of "carbon friendly"<ref>http://www.fastcompany.com/magazine/117/features-gore-an-inconvenient-portfolio.html</ref> .
Becouse Gore help found the firm, he essentially pays himself when he places stock in GIM<ref>http://www.generationim.com/about/team.html</ref>. The firm is located in [[London]] and [[Washington, D.C.]]<ref>http://www.generationim.com/</ref>.
Gore and Blood have been criticized for creating a firm which based on what many believe to be unstable science, [[global warming|man made global warming]]. Critics also claim that the sale of carbon offsets is just a marketing idea to please the guilt of the rich who can afford to buy offsets. Myron Ebell, director of energy and global warming policy at the Competitive Enterprise Institute, stated, "I question if offsets are real or a way to get a certificate you can frame that says 'I'm a virtuous person, "This really is a class thing. Other than the rich, no one else can buy offsets."<ref>http://www.cnsnews.com/ViewNation.asp?Page=/Nation/archive/200703/NAT20070307a.html</ref>
==References==
==References==
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[[category:deceit]]
[[category:deceit]]