Scientists Call AP Report on Global Warming 'Hysteria' (water, difference, powered)

[fatchance2005]

Originally Posted by vec101

I'd give him more kudos if he did not own the company he is buying his carbon credits from and is not making a fortune off the company.

Yeah, but the other way that can be looked at is he has gone out on a limb by investing his own money in his effort to get other rich people to do the same. I'm no carbon credit advocate, but I think it's something we're going to be stuck with regardless, like the income tax.

[rlchurch]

Originally Posted by thecoalman

The initiatives he's pushing would significantly increase the cost of energy across the board and drive the costs up for everything including costs for home heating. People are having issues affording energy costs to heat their homes now, trust me I know. Most people would not have considered coal heat 3 or 4 years ago but they are converting in droves. These costs are not going to effect people such as himself, it's not a matter of class warfare but keeping energy affordable to the working man.

Let's be clear. The cost of home heating is up because we are hooked on imported oil. It has nothing to do with the cost of renewables. If you wander around the country as I do and look at communities that are aggressively pursuing renewable options, you find nothing but prosperity in those communities. You go the West Virginia and see a coal mining town and it's the depths of depression. Renewable energy brings good, high-skilled green jobs. Reliance on fossil fuel brings slow death and economic devastation.

Originally Posted by thecoalman

For example a geo-thermal system as I understand it starts at about $20,000 plus in the climate I live in AND you still need an auxiallary heating sytem anyway for the colder months which are many. The initial cost would be the equvalnet of years salary for many people and they still need to meet the auxillary heat requirements. How is joe six pack supposed to afford that? The answer is he can't. It's all well and good if you can afford renewable energy but the fact is that the costs are out of reach for your average homeowner and that goes for any large scale solutions as well.

I don't know where you live, but GSHPs will use very little auxiliary heat if the loop is sized correctly. Furthermore it can be financed in the cost of the house -- $20k @ 6% interest is $100/month in interest costs and that will be offset with lower heating bills. Whether that makes sense or not depends upon a lot of different factors.

Originally Posted by thecoalman

Renewable energy is inevitably the future and this country would be foolish not to persue such a path however in the meantime we need provide afforable energy until such solutions become viable cost effective alternatives.

You won't get "affordable energy" from fossil fuels once you include the societal costs.

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[rlchurch]

Originally Posted by vec101

I'd give him more kudos if he did not own the company he is buying his carbon credits from and is not making a fortune off the company.

Got any factual data to back up the assertion that he is "making a fortune off the company?" We know he donated the cash from his Nobel and his book royalties to further this cause. This looks like just more RW libel about Gore to me.

[vec101]

OOps , my bad. I thought Al Gore's company was a carbon-credit broker -- so wrong. So from various articles on the net, he owns the company and buys their carbon credits for his personal use.

GIM is a is a London-based investment management firm. It's focus is the economic, environmental, social, and governance risks and opportunities that can affect a company's ability for profitability returns. Generation Investment Management - Wikipedia, the free encyclopedia

... they thought long-term investment potential--and good management--could be better gauged by looking at factors such as whether a company was preparing for a carbon-neutral future. "We think about how businesses attract and retain employees, governance, branding; how they operate in the community; and how all of that drives their business strategy," Blood explains. "We have a belief that explicit recognition of environmental, social, governance, economic, and ethical factors affect business." Generation's research team, led by Colin le Duc, has both environmental economists and traditional buy-side equity analysts, who have learned to ask a wider range of questions of the companies they cover. The firm plans to build a long-term portfolio of only 30 to 50 companies. Blood claims that returns so far have exceeded expectations, although he won't divulge specifics. The firm now has nearly $1 billion under management, from 15 institutions, plus a few individuals. And it has turned down some investors. Says Blood: "Anybody who is expecting a monthly report on how their stocks are doing isn't for us." Al Gore's $100 Million Makeover - Current TV - Generation Investment Management - An Inconvenient Truth | Page 4 | Fast Company

Al Gore's financial-services startup, Generation Investment Management, buys shares in companies that fit its founders' definition of sustainability. The firm doesn't disclose holdings, but public filings reveal some familiar names--Whole Foods, Staples, and General Electric. Here's a sampling of seven other lesser-known stocks in the portfolio as of March 31. Al Gore's $100 Million Makeover - Current TV - Generation Investment Management - An Inconvenient Truth | Page 5 | Fast Company

The firm doesn't disclose holdings, but public filings reveal some familiar names--Whole Foods, Staples, and General Electric.
An Inconvenient Portfolio - Al Gore - Generation Investment Management - Sustainability | Fast Company

[vec101]

Originally Posted by rlchurch

Got any factual data to back up the assertion that he is "making a fortune off the company?" We know he donated the cash from his Nobel and his book royalties to further this cause. This looks like just more RW libel about Gore to me.

Gosh, I've never been called a RW liberal before - usually the opposite. Do you want me to go out on the net for links about it or will this article suffice? Al Gore's $100 Million Makeover - Current TV - Generation Investment Management - An Inconvenient Truth | Fast Company

Hey, hats off to Gore - he has made some great business decisions in the last few years.

[thecoalman]

It cost me $1500 a year to heat an older but adequately insulated 4000 sq. foot home. That includes hot water year round and it's 15 degrees outside at the moment however average temperature is a little below freezing here at this time of the year.

If it was oil it would cost me about $2700 if the oil cost $1.50 a gallon. If the oil had stayed at $5.00 a gallon the cost would have $9000.

Having said that to paraphrase Barack Obama as I forget the exact quote, if his environmental initiatives to convert to green energy are pushed through "Energy costs will neccesarily skyrocket", his words not mine. I have no reson to doubt him since none of the renewables are feasible.

Reliance on fossil fuel brings slow death and economic devastation.

The are where I live was built up from coal starting well before the turn of the century. Coal is no longer anywhere near its dominance that it ahd, actually the decline of coal in this area started a little bit before WW2 hoever it still thrives to some extent. In any event this is the type of economic devastation coal can bring to a community, not black ares that dot the landscape.:

west pittston pennsylvania - Google Maps

[rlchurch]

Originally Posted by vec101

Gosh, I've never been called a RW liberal before - usually the opposite. Do you want me to go out on the net for links about it or will this article suffice? Al Gore's $100 Million Makeover - Current TV - Generation Investment Management - An Inconvenient Truth | Fast Company

Hey, hats off to Gore - he has made some great business decisions in the last few years.

Let's see you have a magazine article that aserts un-named sources putting his wealth at $100 million. We'll we know all un-named magazine sources are 100% correct.

We have your own article discussing a very sucessful cable TV business started by Gore.

We have the Gore family, which was wealthy in it's own right and the fact that Al's mother died in 2004. Do you suppose any of the Gore family money went to Al?

We know that Gore consults to Internet companies like Google and computer companies like Apple. Maybe he got stock?

Yeah Gore clearly got rich off of his work on global warming.

[rlchurch]

Originally Posted by thecoalman

It cost me $1500 a year to heat an older but adequately insulated 4000 sq. foot home. That includes hot water year round and it's 15 degrees outside at the moment however average temperature is a little below freezing here at this time of the year.

If it was oil it would cost me about $2700 if the oil cost $1.50 a gallon. If the oil had stayed at $5.00 a gallon the cost would have $9000.

Having said that to paraphrase Barack Obama as I forget the exact quote, if his environmental initiatives to convert to green energy are pushed through "Energy costs will neccesarily skyrocket", his words not mine. I have no reson to doubt him since none of the renewables are feasible.

I'm sure you can find a link to this.

Funny we don't find wind based electricity costs "skyrocketing." Typical prices are about 2-6 ¢/kWh at wholesale these days.

[thecoalman]

Originally Posted by rlchurch

I'm sure you can find a link to this. .

I know I can but I'm feeling lazy, it was widely reported before the election and in fact there is a youtube video where you can hear him say it himself if you care to search yourself. I believe it was from an interview back in Novemeber '07 or possibly the early part of 2008.

[TexasHorseLady]

The video is available very easily with a google search. Lots of places. The trick is to get it in context.