Al Gore, the world’s first carbon billionaire?

by Sam GustinSam Gustin RSS Feed
Nov 3rd 2009 at 2:40PM

Al Gore’s latest eco-treatise, Our Choice: A Plan To Solve the Climate Crisis, is set to hit stores Tuesday.

The former vice-president says he will donate 100 percent of the proceeds from the book to the the Alliance for Climate Protection, a green group.

But it turns out that the book money is small potatoes compared to what Gore could earn from his various eco-friendly investments. As a
partner at Silicon Valley venture capital heavyweight Kleiner Perkins
Caulfield & Byers, Gore is poised to reap hundreds of millions from
investments in the companies that will benefit from the government’s
increased emphasis on green technology.

According to The New York Times’s John Broder, Gore could become the world’s first “carbon billionaire.”

Some of Gore’s private sector green tech activities include:
· Founder of, and investor in, London-based Generation Investment
Management, which is run by David Blood, a former head of Goldman
Sachs Asset Management

· Partner at, and investor in, Kleiner Perkins.

· Invested in partnerships and funds that try to “identify and support companies that are advancing cutting-edge green technologies
and are paving the way toward a low-carbon economy.”

· Stake in “the world’s pre-eminent carbon credit trading market and in an array of companies in bio-fuels, sustainable fish farming, electric vehicles and solar power.”

· Adviser to high-profile technology companies including Apple and Google, “relationships that have paid him handsome dividends over the last eight years.”

· Capricorn has invested in Falcon Waterfree Technologies, the world’s leading maker of waterless urinals.

· Generation has holdings in Ausra, a solar energy company based in
California, and Camco, a British firm that develops carbon dioxide
emissions reduction projects.

Complete article at:

http://www.dailyfinance.com/2009/11/03/al-gore-the-worlds-first-carbon-billionaire/

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One Response to “Al Gore, the world’s first carbon billionaire?”

  1. Wanderant Says:

    When will the Gore’s have to atone for all the death and destruction their tobacco-dynastic family and ensuing fortunes have wrought on generations of Americans?

    They killed us with their smoke back then, now they’re blowing it all up our asses…

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