In a hysterical post about Al Gore joining a venture capital fund, Noel Sheppard of Newsbusters writes this (apparently while twirling a mustache):
As such, soon-to-be-billionaire Al Gore has brilliantly structured himself as a virtual financial hub of international investments associated with so-called global warming solutions whereby he’ll benefit financially from any hysterical climate claim uttered by a media member, Hollywood sycophant, United Nations climate panelist, or, deliciously, himself.
Except, the facts don’t line up again.
As part of the arrangement, Mr. Gore will donate his salary as a Kleiner Perkins partner to the Alliance for Climate Protection, a nonprofit advocacy group he founded. Mr. Doerr will in turn join the board of Generation Investment Management, a $1 billion investment firm Mr. Gore founded with David Blood, a former Goldman Sachs partner.
Al Gore is on the board of Apple (YTD: about 100% increase) and Google (YTD: about $300 increase) , as well as the chairman of Current. Somehow I don’t think the big bucks are in donating his salary from looking for green tech.
