Not Even Al Gore Can Resist The Fracking Energy Boom

al-gore-thumbs-up

Actions speak louder than words. Even zealots like Gore tend to wise up when it comes to their bottom line.

His company’s public investments in wind, solar, biomass and other alternative energy to combat climate change are practically non-existent.
But his portfolio is top-heavy in high-tech, medical instruments, and even more pedestrian investments in companies such as Amazon, eBay, Colgate Palmolive, Nielsen, Strayer University, and Qualcomm.

He is also big in China, with stakes in a big Chinese travel agency, CTrip, and China’s largest medical equipment manufacturer, Mindray Medical.

Here’s the best part. Not only is Al Gore pulling out of Big Green, but he’s looking to make profits off of a burgeoning natural gas industry that is exploding thanks to hydraulic fracturing, or “fracking,” which has been lately in the cross hairs of environmental activists:

And if you want a piece of the natural gas pipeline game — heavily dependent on the environmentally suspect fracking — you can find that in Gore’s portfolio as well with Quanta Services.

To be fair to Gore, and even though the environmentalists don’t like to talk about it, fracking has done more to reduce carbon emissions in America than all the “green energy” and environmental policies Gore has supported combined.

Put simply, investing in natural gas may be the greenest thing Gore has ever done.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • Dr_Michael_Savage

    Just because some oligarch has used global warming to increase his own wealth, and currently isn’t supporting the struggling solar industry doesn’t mean that there is no viability in solar tech. That is not how logic works.

    The solar industry is not there yet, but there are strides every day in research labs and corporations around the world. We should be investing in them and helping them grow.

    Even if you believe that global warming isn’t real, you can’t deny that carbon fuels are finite. The sun is not, within the context of our current civilization. We should be finding ways to utilize that before we run out of oil and coal.

    If we do not then our civilization will collapse very quickly when carbon energy begins to dry up. It will be those who stood in the way of renewable energy progress who are to blame for the collapse of society, not those who are now trying to reduce emissions and replace oil and coal.

  • ross wile

    No its proven fact. Christianity is a myth. try explaining that to american people. You people take “Ignorance is bliss” a little to fking literally.

    http://news.nationalgeographic.com/news/2004/12/1206_041206_global_warming.html

  • ross wile

    There is actually no proof of it being a hoax. I have heard some pretty stupid points trying to state it as fact but no…These are facts!

    http://news.nationalgeographic.com/news/2004/12/1206_041206_global_warming.html

  • Liz

    His eyes scare me, notice how all the evils of the world have weird unhuman looking eyes, Rockefeller, Bush senior, the last pope before the new ass, etc. The eyes are the windows to the soul, looks like it’s official, they have no soul!!!!

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