Last year Mr Gore’s venture capital firm loaned a small California firm $75m to develop energy-saving technology.
The company, Silver Spring Networks, produces hardware and software to make the electricity grid more efficient.
The deal appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants, the New York Times reports. Of the total, more than $560 million went to utilities with which Silver Spring has contracts.
The move means that venture capital company Kleiner Perkins and its partners, including Mr Gore, could recoup their investment many times over in coming years.
Few people have been as vocal about the urgency of global warming and the need to reinvent the way the world produces and consumes energy as Mr Gore. And few have put as much money behind their advocacy and are as well positioned to profit from this green transformation, if and when it comes.
This is taxpayer money, folks. Your money and my money.
I note that Watts Up With That links to a UK Telegraph story up on how climate change beliefs are now given the same status and protections as religious beliefs. Well, that’s what global warming is, only it’s less supported by science than some religions I know.
Al Gore knows less about science than my keyboard
Here’s a Washington Times article about Al Gore’s academic performance.
Despite Mr. Gore’s image as star pupil, the kid most likely to be the first to raise his hand in class, it seems that Mr. Gore barely applied himself during his years as an undergraduate and graduate student. Indeed, his sophomore year at Harvard, The Post notes, was “the year Gore’s classmates remember him spending a notable amount of time in the Dunster House basement lounge shooting pool, watching television, eating hamburgers and occasionally smoking marijuana.” Please, take a moment to appreciate the scene painted in that one sentence.
In introductory economics, the only economics course Mr. Gore ever took, he received a C-, which goes a long way toward explaining his December remark that he would consider raising taxes should the economy fall into recession.
If the rudiments of fiscal policy proved to be too taxing for young Al, it should hardly be surprising that the self-appointed protector of the world’s ecosystems had almost as much trouble understanding the basic concept of biology. After all, Mr. Gore’s high school performance on the college board achievement tests in physics (488 out of 800 “terrible,” St. Albans retired teacher and assistant headmaster John Davis told The Post) and chemistry (519 out of 800 “He didn’t do too well in chemistry,” Mr. Davis observed) suggests that Mr. Gore would have trouble with science for the rest of his life. At Harvard and Vanderbilt, Mr. Gore continued bumbling along.
As a Harvard sophomore, scholar Al “earned” a D in Natural Sciences 6 in a course presciently named “Man’s Place in Nature.” That was the year he evidently spent more time smoking cannabis than studying its place among other plants within the ecosystem. His senior year, Mr. Gore received a C+ in Natural Sciences 118.
At Vanderbilt divinity school, Mr. Gore took a course in theology and natural science. The assigned readings included the apocalyptic, and widely discredited “Limits to Growth,” which formed much of the foundation for “Earth in the Balance.” It is said that Mr. Gore failed to hand in his book report on time. Thus, his incomplete grade turned into an F, one of five Fs Mr. Gore received at divinity school, which may well be a worldwide record.
He also dropped out of law school at Vanderbilt, not just divinity school. But his father was a liberal U.S. Senator, so things worked out OK for the pot-smoking silver-spoon leftist. As long as he avoids debates on global warming with actual scientists, he can keep laughing all the way to the bank. Recall the recent post about the Finnish car company backed by Al Gore getting a 529M US government loan. He needs your money to pay for the massive electricity bills he runs up while living in his huge mansion.
Global warming alarmism has nothing to do with science
Global warming is a myth sold to us by greedy, power-hungry socialists like Al Gore.
- Comparison of hockey stick graph data to a larger data set in the same area
- Government-funded research unit destroyed original climate data
- The state of the debate about catastrophic man-made global warming
- Peer-reviewed article in journal Science says solar activity impacts climate
- Famous UN IPCC hockey stick graph is based on cherry-picked data
- Princeton physics professor testifies to Senate about global warming
- Global warming advocates refuse to give their data to skeptics
- Peer-reviewed article in journal Science says prior ice melting caused by solar variation
- Oceans are not warming now
- Polar ice caps are not melting now
- Polar bear populations are not decreasing now
- Global warming is not caused by humans
Global warming is about enriching leftist elites while controlling the lives of productive private citizens.