{"id":24791,"date":"2007-02-27T05:55:08","date_gmt":"2007-02-27T10:55:08","guid":{"rendered":""},"modified":"2020-01-21T10:39:40","modified_gmt":"2020-01-21T15:39:40","slug":"algore_scam_buys_carbon_credits_from_himself-2","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/02\/27\/algore_scam_buys_carbon_credits_from_himself-2\/","title":{"rendered":"Algore Scam: Buys Carbon Credits from Himself!"},"content":{"rendered":"
RUSH: I have a Global Warming Stack that\u2019s almost as big as the regular news stack. There\u2019s some really great news in here about Algore. A blogger has uncovered that the carbon credits, the carbon offsets that Algore buys are actually from a company that he owns, and they don\u2019t sell credits to anyone other than him! You can\u2019t buy them off their website. Yes, ladies and gentlemen, it\u2019s even better than that. I just want to warn you: at the end of the program yesterday, I made this point. This carbon offset stuff, these carbon credits are just laying the groundwork for a future tax increase — perhaps an international or global tax increase on everybody for all of this. 
\nBREAK TRANSCRIPT<\/p>\n

RUSH: Dadelut dadelut dadelut dadelut! The new “peace movement,” is the global warming update crowd led by Algore.<\/p>\n

(Playing of “Ball of Fire” parody update theme song.)<\/p>\n

That\u2019s our buddy Paul Shanklin as Algore, one of three update themes in the rotation for our global warming update: Ball of Fire, portrayed vocally by Algore. A blogger, ladies and gentlemen, has uncovered that the carbon credits — these “carbon offsets” that Al Gore buys — are actually from a company that he owns, and apparently they don\u2019t sell these credits or these offsets to anybody other than Gore. You can\u2019t buy them off of their website.<\/p>\n

So Gore is paying…himself. Literally, Al Gore is paying himself to reduce his carbon footprint. His carbon footprint is not getting smaller. His carbon footprint, if anything, is enlarging — which is all bogus. I couldn\u2019t care less, but he\u2019s making a big deal out of it. The blogger is Ecotality.com. As one commenter posting on the few blogs covering the Gore story yesterday put it, The Gorical is chairman and founding partner of Generation Investment Management, LLP. That\u2019s a boutique international investment firm that invests other people\u2019s money for a fee in the stocks of green companies. So when Al Gore beats the drum for possible future global warming he\u2019s also drumming up business, and he\u2019s profiteering from hyping the global warming crisis.<\/p>\n

In a nutshell, Algore consumes large amounts of carbon-based electricity while he trumpets the global warming crisis that drives up the value of green companies like the one in which he invests in their stocks, and carbon offsets are a dodgy way for someone to claim to be carbon neutral even as they consume large amounts of carbon-based energy. The notion that selling carbon offsets actually helps the environment is taken as a given by those who sell them and by those who buy them. But at this point it\u2019s unproven. While some bloggers and pundits have likened carbon offsets to the indulgences of pre-Reformation Catholic church, sold to the wealthy so they could continue to sin, the writer of the blog The Virginian says that carbon offsets are more like the sumptuary laws of medieval times, laws that regulated and reinforced social hierarchies and morals through restrictions on clothing, food, and luxury expenditures. The bottoms line is that this company that Algore buys his carbon offsets from is owned by Algore. He\u2019s investing in himself. He\u2019s not losing any money at all in this, and nobody else can buy offsets from this company except Algore.<\/p>\n

There is an update to all this, too — via the blog on the website of carbon offset marketer TerraPass, where it was recently found — a New York Times story that\u2019s skeptical of carbon offsets. Some carbon-offset firms have begun to acknowledge that certain investments like tree-planting may be ineffective, and they are shifting their focus to what they say is reliable activity, like wind turbines, cleaner-burning stoves, or buying up credits that otherwise would allow companies to pollute. The whole thing is a scam, folks. It is a giant, 100% scam. This is a money-making routine for Algore and others involved in this whole thing, but here\u2019s the important thing. It is a precursor for an international or global tax on the use of energy. The French are posing it. The United Nations has proposed it — and while you may laugh and poke fun at the idea of these offsets (and we have been doing that ourselves), these things are very ominous. They\u2019re going to become expected. They\u2019re going to be expected to be part of our daily lives.<\/p>\n

It\u2019s going to end up being an environmental tax on all of us as an extra cost of fuel or airfare or buying SUVs or whatever else the wackos claim is causing the greatest amount of pollution and thus global warming. If you cut down trees in your yard, you\u2019ll pay a tax. If you don\u2019t recycle you\u2019ll pay a tax. If you pick paper or plastic you\u2019ll pay a tax. If you don\u2019t buy organic, you\u2019ll pay a tax. Using Aqua Net, having nice homes, having second homes, all that could be subject to taxation based on this whole carbon offset problem and the size of your footprint. We\u2019re now seeing the initial drumbeat for this. It\u2019s the only way the leftists can assuage their guilt, but it\u2019s going to be forced on all of us.<\/p>\n

If you don\u2019t snap to on this and understand exactly what this is about and the scope and the deeply rooted tentacles of this scam, it\u2019s not going to go away. The little people — we, the little people, we are — about to be hosed again while the elite continue their lifestyles with righteous indignation for all that do not worship at the feet of the Earth Mother Gaia. Mark my words on this, folks. They will totally exempt themselves from any lifestyle changes just as libs always do with every policy they make. Two laws, two rules, two sets of them: one for you and me and one for them.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: It\u2019s a good thing that I do not allow myself to be offended and it\u2019s a good thing I do not allow myself to be hurt by others, because if I were of weaker fortitude, I would be crushed at this very moment. Because I just checked the e-mail, and there\u2019s a bunch of subscribers to my website — and I know some libs have infiltrated there; they\u2019ve purchased subscriptions for access to me — writing: Rush, how do you know Gore is buying carbon offsets from himself? You just make this up. Ladies and gentlemen, to have my honor challenged in such a fashion is absolutely ridiculous. There is no question. The name of the company is Generation Investment Management. Gore helped found it. It\u2019s Generation Investment Management, through which he and others pay for carbon offsets. This firm invests money in solar, wind and other projects that supposedly reduce energy consumption around the globe. Guess who\u2019s chairman? Algore! Algore is chairman of Generation Investment Management, and presumably draws an income, and presumably will make money on its investments if they prosper.<\/p>\n

In other words, it\u2019s exactly as I said: He\u2019s buying his carbon offsets from himself through a transaction designed to boost his own investments and return a profit to himself — and you can\u2019t. You can\u2019t buy carbon offsets from this outfit. As the NewsBusters puts it, Noel Sheppard: it\u2019s not that he\u2019s buying carbon offsets; he\u2019s buying stocks in companies that this outfit invests in. These are not even carbon offsets. He\u2019s just calling them that! He\u2019s buying stock in companies, and he\u2019s claiming that buying stock in these companies equals a carbon offset and allows him to continue to fly around with his giant jet, making a huge carbon footprint and so forth — and telling us that makes it all okay. More important than all this, he stands to benefit financially in a huge way if more and more people buy into this junk science. There\u2019s hardly any evidence at all that Gore\u2019s money is going to purchase carbon offsets at all, and even if it was, that\u2019s a scam! Planting trees! Putting cork in the tailpipes of cows to block gas — farts, for those of you in Rio Linda!<\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

RUSH: I have a Global Warming Stack that\u2019s almost as big as the regular news stack. There\u2019s some really great news in here about Algore. A blogger has uncovered that the carbon credits, the carbon offsets that Algore buys are actually from a company that he owns, and they don\u2019t sell credits to anyone other […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[1],"tags":[],"yoast_head":"\nAlgore Scam: Buys Carbon Credits from Himself! - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/02\/27\/algore_scam_buys_carbon_credits_from_himself-2\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Algore Scam: Buys Carbon Credits from Himself! - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: I have a Global Warming Stack that\u2019s almost as big as the regular news stack. 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