Domain: generationim.com
Stories and comments across the archive that link to generationim.com.
Comments · 7
-
Re:AWESOME!
Low lying water front at this time is a truly horrible investment and governments who approve construction in low lying coastal areas are corrupt as hell.
I'm sorry, but if you want to build a house at the beach, why should it be the government's business to stop you? It's your money, you should be able to spend it the way you want. Call 1 877 CASH NOW. Why would a government that doesn't stop you be necessarily corrupt?
knowing full well, they will be flooded out because it is more profitable than just dumping the land alone.
If you buy a house in a known flood zone, whose fault is that? If you don't do due diligence before you buy, well, that's your problem, isn't it? It's not like some car dealer trying to sell you a lemon, the flood zone info is publicly available. And when you LOOK at the property and see that all the houses are built on stilts, you have no excuse.
I go to the Outer Banks on a regular basis. Anyone who goes there (to look at buying a house, e.g.) can see the problem. Who are you to tell them they can't build or buy there?
Other bad investments, coastal tourism companies, hotels chains with lots of at risk properties.
Ok. Don't invest in those companies. Your risk is gone.
Never make the mistake to think the deniers are disbelievers, they are not, all they care about is how much they can make and how much power they have
Unlike the people who get into cap-and-trade and other climate change investments to make a bundle of money from regulations they promote. Generation Investment Management.
-
Re:Tell Al Gore to give up his mansion and car fle
If the offsets don't do what they advertise, it isn't Al Gore's fault that they don't.
When it is his company he's buying them from, it is.
Generation Investment Management is a multi-national (offices in New York and London) investment strategy company. In other words, they exist to make a profit off of investing in
... whatever they can make a profit from investing in.The "About Us" page claims there are 55 people who "represent[s] 16 countries and speaks 21 languages." The only financial disclosure I can find at that site lists "Investment Management" remuneration at a total of GPB19,742,000. That's US$31,567,458, or an average of US$574,000 per "investment manager".
Now, how much does Mr. Gore pay in "carbon offsets"? I can't find a number, but this NY Times article says that a competing company (TerraPass) would charge about $1300 for a house such as Gore's.
$1300 spent for at least a $574,000 income? (And as Chairman, you can't expect Mr. Gore to make less than the average for his employees, can you?)
This article defending Gore reports Gore's office saying:
Gore has had a consistent position of purchasing carbon offsets to offset the family's carbon footprint -- a concept the right-wing fails to understand.
No, I think even right-wingers can understand what's going on.
-
Re:Tell Al Gore to give up his mansion and car fle
If the offsets don't do what they advertise, it isn't Al Gore's fault that they don't.
When it is his company he's buying them from, it is.
Generation Investment Management is a multi-national (offices in New York and London) investment strategy company. In other words, they exist to make a profit off of investing in
... whatever they can make a profit from investing in.The "About Us" page claims there are 55 people who "represent[s] 16 countries and speaks 21 languages." The only financial disclosure I can find at that site lists "Investment Management" remuneration at a total of GPB19,742,000. That's US$31,567,458, or an average of US$574,000 per "investment manager".
Now, how much does Mr. Gore pay in "carbon offsets"? I can't find a number, but this NY Times article says that a competing company (TerraPass) would charge about $1300 for a house such as Gore's.
$1300 spent for at least a $574,000 income? (And as Chairman, you can't expect Mr. Gore to make less than the average for his employees, can you?)
This article defending Gore reports Gore's office saying:
Gore has had a consistent position of purchasing carbon offsets to offset the family's carbon footprint -- a concept the right-wing fails to understand.
No, I think even right-wingers can understand what's going on.
-
Re:What happened in the 18th century?
Al Gore did not invent global warming any more than he invented the internet.
Doesn't Al Gore have a financial interest in promoting global warming via his company Generation Investment Management LLP?
Media Ignore Al Gore’s Financial Ties to Global Warming has a somewhat biased view on Al Gore's company, but even if only partially true, it does raise questions about what truly motivates people like him. Is it truly caring for the environment or is it caring for his wallet?
Mij -
Re:And that's bad how?Funny, Al Gore is going to profit the from all of his.
He is nothing more than a marketing man for carbon credit trading. He is the chairman for Generation Investment Management, partnered up with the former CEO of Goldman Sacks.
How convenient.
-
Wow. What a coincidence.
its goal is 'to make a lot of money for our investors,' not to save the environment."
That's the exact same mission statement as Generation Investment Management.
-
Re:Doesn't matter to me
This clearly establishes that he co-founded GIM. This includes a list of just some of the "environmentally friendly" members of CCX, which GIM owns about 10% of. This highlights just one area of concern, Amtrak, who had to settle with the government over violations of the Clean Water Act. This highlights the fact that Gore makes monthly royalty profits from the Zinc mine on his property, which has come under attack because of the environmental damage that occurs when mining Zinc. Need I go on? If you dig deep enough, you'll find that Al Gore isn't as green as you might think.