Lets go Green !!!

SteamWake · 11-03-09, 09:26 AM

Greenbacks that is !

Quote:

WASHINGTON — Former Vice President Al Gore thought he had spotted a winner last year when a small California firm sought financing for an energy-saving technology from the venture capitol firm where Mr. Gore is a partner.

Article on Al Gore's role both as an advocate and an investor.

http://www.nytimes.com/2009/11/03/bu...nt/03gore.html

Zachstar · 11-03-09, 10:15 AM

He made a good investment! Great on him!

I know that many gore haters will scream the usual money whore type comments. However in this nation there is nothing wrong with saying good things about something you have money in. Or better yet putting your money where your mouth is. Markets the way they are some of these huge solar investments have flopped. There is significant risk involved in such investments.

There is boatloads of tech right now ripe for risky investment tho. If I had the funds I would put serious investments into Algae to Oil efforts. As fusion does little good for fuel eating jetliners. Algae oil would stabilize the liquid energy markets. And drive away the power of OPEC. Not to mention it has more uses than Washington carver's peanuts!

ETR3(SS) · 11-03-09, 10:26 AM

Al gets a +1 for not being stupid for once. Althought I do love this "internet" he has invented.

Zachstar · 11-03-09, 10:35 AM

Quote:

Originally Posted by ETR3(SS)

Al gets a +1 for not being stupid for once. Althought I do love this "internet" he has invented.

I would say far more than once he has a history of great investments such as google and apple. And looks like quite a diverse bit of investments in green tech. That Waterless urinal sounds interesting as the design is actually cheaper than a conventional urinal. Basically guaranteeing large adoption.

SteamWake · 11-03-09, 11:34 AM

Yea its almost as if he knew where the market would be pushed... er... sorry going.

Quote:

Silver Spring Networks is a foot soldier in the global green energy revolution Mr. Gore hopes to lead.

Quote:

Critics, mostly on the political right and among global warming skeptics, say Mr. Gore is poised to become the world’s first “carbon billionaire,” profiteering from government policies he supports that would direct billions of dollars to the business ventures he has invested in.

Count me among those critics. At best its unethical.

Zachstar · 11-03-09, 11:43 AM

Unethical? BS he is a private citizen who pushed for green tech. He has been out of the white house for close to a decade now.

That is like saying Boeing is profiting off military contracts it supports.. um ok?

11-03-09, 10:15 AM	#2
Zachstar Sea Lord Join Date: Feb 2005 Location: Shreveport, Louisiana Posts: 1,956 Downloads: 13 Uploads: 0	He made a good investment! Great on him! I know that many gore haters will scream the usual money whore type comments. However in this nation there is nothing wrong with saying good things about something you have money in. Or better yet putting your money where your mouth is. Markets the way they are some of these huge solar investments have flopped. There is significant risk involved in such investments. There is boatloads of tech right now ripe for risky investment tho. If I had the funds I would put serious investments into Algae to Oil efforts. As fusion does little good for fuel eating jetliners. Algae oil would stabilize the liquid energy markets. And drive away the power of OPEC. Not to mention it has more uses than Washington carver's peanuts! __________________

11-03-09, 10:26 AM	#3
ETR3(SS) Ocean Warrior Join Date: Dec 2007 Location: Between test depth and periscope depth Posts: 3,021 Downloads: 175 Uploads: 16	Al gets a +1 for not being stupid for once. Althought I do love this "internet" he has invented. __________________ USS Kentucky SSBN 737 (G) Comms Div 2003-2006 Qualified 19 November 03 Yes I was really on a submarine.

11-03-09, 11:43 AM	#6
Zachstar Sea Lord Join Date: Feb 2005 Location: Shreveport, Louisiana Posts: 1,956 Downloads: 13 Uploads: 0	Unethical? BS he is a private citizen who pushed for green tech. He has been out of the white house for close to a decade now. That is like saying Boeing is profiting off military contracts it supports.. um ok? __________________