Al Gore’s Financial Interests and the Global Food Shortage

Noel Sheppard points to the 800 pound gorilla in the room: Al Gore’s financial investments in ethanol and the global food crisis.

Yet, with all this overdue attention on the folly of turning food into fuel, Nobel Laureate Al Gore — who has advocated the expansion of biofuels for decades, and is himself invested in companies at the forefront of such technologies —has thus far escaped scrutiny.Such convenient cloaking comes despite Gore actually promoting some of his ethanol-related investments — including Amyris Biotechnologies and AltraBiofuels — at a conference in Monterey, California, back in March.Amyris is “developing a gasoline substitute that contains more energy than ethanol, will result in lower cost and less polluting biofuel blends, and is fully compatible with today’s cars and the existing petroleum infrastructure.” That’s the good news, for on the flipside, “Both [its] gasoline substitute and [its] diesel substitute will be made from the same feedstocks and production plants that are used to make ethanol.”

For its part, AltraBiofuels is working on future cellulosic models, but the “millions of gallons of biofuel” it currently produces are “primarily ethanol from corn.” Which means that both of these companies in Al Gore’s portfolio are intricately linked to the current and future demand on grains…

Making matters worse, the venture capital group Gore joined in November, Kleiner Perkins Caufield & Byers, also has investments in Amyris and AltraBiofuels. One of the key partners of this firm, John Doerr, is advocating legislation that would expand biofuel usage at exactly the time when we should be rethinking this entire process. Add it up, and you’ve got an astounding number of dollars invested in agritechnology companies by Gore and folks connected to him, who together possess extraordinary clout and access to Congress, and who are also willing to spend $300 million on a public-relations campaign to create (at least the impression of) a public movement for legislative action to “solve” anthropogenic global warming — all with the green media’s blessing…

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The whole piece is worth the read, especially for the total lack of spine from NPR’s Terry Gross, and the very important fact that Gore, as Vice President, cast the tie breaking vote in the Senate, which brought us ethanol mandates.

One would think that King Climate’s financial profits from a world wide food shortage caused by government mandates for biofuels he personally brought about, would be front page news.

Oops sorry that is too inconvenient a truth.

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