DRAFT TODAY, POST TOMORROW: Some posts may be in draft status until I (aka procrastinator extraordinaire) get around to posting them.

Tuesday, November 3, 2009

Green Capitalism

An article in the NY Times asks a question we've all been wondering: Is Al Gore an advocate or an investor? It says that he is in a position to become the first "carbon billionaire" and poses questions around investing in green technologies. If he is providing venture capital for companies that will be in line to profit from new legislation, is he putting his money where his mouth is or is he using alarmist techniques to gain financially?

Other Democrats, such as Nancy Pelosi, have made these types of investments. Aren't Republicans usually the capitalists? I'm not sure that this was an opinion article, but it didn't seem to present the whole story. I have been skeptical of the carbon trading market since it was proposed because it does seem like some win and some lose. In my opinion, leaving the world better than we found it is not a win/lose proposition, so any solutions should be winners for as many as possible. I know, I'm such a dreamer....

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