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Tuesday, November 3, 2009

Gore’s Policy Proposals Would Bring Him Riches

“Critics, mostly on the political right and among global warming skeptics, say Mr. [Al] 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…. Mr. Gore has invested a significant portion of the tens of millions of dollars he has earned since leaving government in 2001 in a broad array of environmentally friendly energy and technology business ventures, like carbon trading markets, solar cells and waterless urinals.” (New York Times, Tuesday)

If the planet is worth saving, it’s worth saving at a profit.

FEE Timely Classic
“Rent-Seeking: A Primer” by Sanford Ikeda

  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.