Last Thursday, Al Gore sought to whip up declining global warming hysteria in Washington, D.C. by challenging our nation to produce every kilowatt of electricity through wind, sun and other Earth-friendly energy sources within the next 10 years. Gore not only doesn’t care about how much more this is going to cost taxpayers and consumers, he wants to take advantage of the high cost of oil and gas to force the nation off fossil fuels. He claims that if we don’t reduce global warming in the next ten years, we may never recover from his imaginary, apocalyptic environmental crisis. He believes the single most important policy change would be placing a carbon tax on burning oil and coal.
Despite Gore’s claims, the actual technology for the massive conversion to alternative energy is still thirty to fifty years away and at best that would meet only about 50% of our energy needs. Altruism is not Gore’s only motivation, however. He has financial interests in advancing global warming hysteria around the world. Gore has admitted to having “a stake” in a number of green “investments” that he has recommended people to put money in. In other words, he is using global warming to encourage people to put money into companies he has a financial stake in.
Gore has been strongly advocating the use of bio-fuels and he has admitted to having investments in companies involved in such agri-business. Now the use of ethanol is also driving fuel prices higher because of the government created demand for corn. The price of corn has tripled in the last three years. Wheat prices are also high because inventories are low. U.S. farmers, responding to the ethanol mandate, increased corn acreage by 18 percent because Congress artificially increased the demand for and price of corn.
Al Gore has maneuvered himself into a position to financially benefit from the global warming scam. His investment company now owns major shares of the world’s carbon credits. As countries pass carbon taxes and carbon caps, his investments could eventually make him billions of dollars. I wonder how many of his cronies in Congress, who are blocking the use of key areas for drilling, have invested in Gore’s Investment Management Company?
It seems that Gore’s brand of energy conservation does not apply to the rich, or at least not to him. In the past year, Gore’s home burned through enough electricity to power 232 average American households for a month. In fact, Gore’s Nashville home consumes 20 times more electricity than the average American household. Since this information surfaced last year, he did a “green” overhaul of his home last June. Now that his home is environmentally friendly, it uses 1,638 kWh more energy per month than it did the previous year. Gore has seen his personal wealth increase by an estimated $100, 000,000.00 ($100 million) since he began pushing global warming hysteria.
In the meantime, the latest satellite global temperatures for June 2008 have been released and show a continued downward temperature trend in the lower atmosphere that has been present for many years now. The average global temperature thus far in 2008 is lower than the global temperature average 20 years ago.
In 1988, NASA’s James Hansen warned Congress that global temperatures would increase significantly over the next 20 years if we didn’t reduce greenhouse gas emissions. He was wrong because the world’s CO2 emissions have grown by about 10 billion metric tons per year since 1988 with about 85 percent of that increase coming from the world’s developing nations. Therefore, the Earth’s lower atmosphere is cooling off during a time period with the highest-ever recorded increases in global CO2 and other greenhouse gas emissions. This clearly demonstrates that natural events in our atmosphere are controlling global temperatures and world climate (like the sun for instance). The belief in man-made global warming is simply wrong.
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