Al Gore doesn't buy carbon offsets (update to a previous post)

His company buys them for him

The source I quoted in this post was mistaken. Al Gore doesn't buy carbon offsets from his own company. The company doesn't produce anything to offset carbon, it is a management fund.

"We do not invest in any activity of carbon offset. That's nonsense. We are a fund management business that does sustainability research," he added.

The confusion, Campbell said, arose because GIM pays to offset the energy use of its operations and the personal emissions of its 23 employees, including Gore.

So, the firm will cover the cost to offset the energy use at Gore's home, or his global jet travel, as it would the offset cost of any other employee, Campbell said.

Assuming that the carbon offset theory isn't just the modern version of indulgences (as suggested by reader Kevin Smith in the replies to this post), Gore's activity is on the up and up.

Of course, if human produced carbon dioxide doesn't cause global warming, then the Chicago Climate Exchange is a huge shell game waiting to collapse. He'd be better off investing his money elsewhere.

— NeoWayland

Posted: Thu - March 8, 2007 at 01:37 PM  Tag

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