Tuesday, November 03, 2009

Making Green by Investing in Green

During the 2nd Bush administration, the oil companies profited from government policies hand over fist. Bush, an oil man himself, made a mint on sky-high gas prices and by squashing legislation that would have reigned in oil companies. And no one on the right said anything against this.

But let Al Gore make a few bucks betting on green energy, and the right goes nuts with accusations about ill gotten gains.

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.

Representative Marsha Blackburn, Republican of Tennessee, asserted at a hearing this year that Mr. Gore stood to benefit personally from the energy and climate policies he was urging Congress to adopt.

Is there really anything wrong with this? Americans follow the money. If we can start convincing the country that there's money to be made in green energy, maybe then we can finally get the oil money off our national back.

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