To: miraje who wrote (250273 ) 5/16/2008 6:22:02 PM From: goldworldnet Respond to of 793743 On October 3, NewsBusters highlighted a spectacular Human Events exposé by Deborah Corey Barnes concerning Gore's financial connections to so-called global warming solutions including carbon credits (emphasis added throughout): [Gore's] GIM appears to have considerable influence over the major carbon-credit trading firms that currently exist: the Chicago Climate Exchange (CCX) in the U.S. and the Carbon Neutral Company (CNC) in Great Britain. CCX is the only firm in the U.S. that claims to trade carbon credits. [...] Clearly, GIM is poised to cash in on carbon trading. The membership of CCX is currently voluntary. But if the day ever comes when federal government regulations require greenhouse-gas emitters -- and that's almost everyone -- to participate in cap-and-trade, then those who have created a market for the exchange of carbon credits are in a position to control the outcomes. And that moves Al Gore front and center. Please recall before going further that Gore's partner at GIM used to be a fund manager at Goldman Sachs: We do know that Goldman Sachs has commissioned the World Resources Institute (affiliated with CCX), Resources for the Future, and the Woods Hole Research Center to research policy options for U.S. regulation of greenhouse gases. In 2006, Goldman Sachs provided research grants in this area totaling $2.3 million. The firm also has committed $1 billion to carbon-assets projects, a fancy term for projects that generate energy from sources other than oil and gas. So, add this all up, and Al Gore's investment group is not only connected with one of the world's leading brokerage firms that just so happens to be the preeminent player in carbon trading, but he is also now working for the top venture capital company in Silicon Valley whose partner has reciprocally been placed on the board of Gore's organization. As such, soon-to-be-billionaire Al Gore has brilliantly structured himself as a virtual financial hub of international investments associated with so-called global warming solutions whereby he'll benefit financially from any hysterical climate claim uttered by a media member, Hollywood sycophant, United Nations climate panelist, or, deliciously, himself. Yet, virtually no journalist is willing to either see it or report it.newsbusters.org * * *