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Monday, February 2, 2009

Rainforest Growth A Threat To Al Gore's Pocketbook

As if it weren't bad enough that we are having one of the coldest winters in memory, the sea ice is at record levels, and hundreds of climatologists are questioning if not outright debunking Al Gore's hysterical predictions of global warming. Now, the rainforests are not cooperating in Gore's political agenda, and you know if must be true, because it is reported by the NY Times: New Jungles Prompt a Debate on Rain Forests.

Rainforest resurgence is consistent with the experience in the U.S., where "throughout the 18th and 19th centuries, net forestland declined dramatically, but began to grow back in the earth 20th century. The United States has experienced net forest growth for most of the past century."

This is a threat Gore cannot tolerate. Not because of the environmental impact, but because Gore has invested in companies whose profits are dependent on rainforest preservation, Al Gore's investment firm bets that rainforest conservation will be profitable:
Tuesday London-based Generation Investment Management announced a minority stake in Sydney-based New Forests Pty Limited, a firm that specializes in business models that deliver returns from environmental markets such as carbon, biodiversity and water. Al Gore is the chairman of Generation Investment
Management.
Al Gore, that private-airplane hopping, big-mansion living, advocate of doom is profiting from the global-warming hysteria. If only the planet would cooperate, Gore really could make a killing.

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