You are here

Energy Bill Could Make Al Gore Even Richer

According to the Daily Mail, Al Gore left a London audience wanting more after one of his $6,000/minute climate speech. To be sure, the Goracle rakes in piles of cash with his climate schtick, no matter how boring it is, but his honorariums are chump change compared to what he stands to make as a green venture capitalist. The House recently passed an energy bill that would repeal $13 billion in tax breaks for fossil fuel companies and use the new revenue to fund alternative energy sources. Who is better positioned to reap these government handouts than Al Gore? Not only is he well connected to the Democratic majority in Congress, but his word is hallowed among the greens. An Oscar…A Nobel Peace Price…A thriving rent-seeking career—Climate Change has been very, very good to Al.