Inconvenient Truth – Al Gore Getting Rich off of NY

The New York City Comptroller, John Liu, just gave Al Gore’s environmentally friendly investment firm, Generation Investment Management, a 16.5 million dollar contract to manage city pension funds. This is the second time Gore’s company has been given such a contract. Gore’s previous contract with the city of New York was for 12.8 million dollars. Records show that Generation Investment Management now manages over 35 million dollars of New York state pension funds.

Of course much of the decision process to hire Gore’s firm by Liu took place “…way under the radar…” according to the New York Post article. The Post states, “Gore, who won a Nobel Peace Prize in 2007 for his campaign to tackle global warming, is a leading proponent of “sustainable capitalism.” He focuses on the long-term value of companies that address risks like climate change and slams the market’s obsession with short-term profits.”

As far as the Carbon Belch team is concerned, we understand what “sustainable capitalism” means to Al Gore – Show me the money!

You can read the New York Post article here: http://www.nypost.com/p/news/local/city_deal_core_for_gore_XAN5WntX6MJPP3vQX6JcNL

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