Wednesday, April 02, 2008

Climate-Change Campaign Questioned

Here.

Excerpts:
The three-year, $300-million campaign, which started this week, will be run by the Alliance for Climate Protection, a nonprofit organization in Menlo Park, Calif. Mr. Gore is estimated to have contributed $2.7-million to the effort.
...
...Matthew Vadum, editor of the think tank’s publications, writes that the investment company has “considerable influence” over carbon-credit trading groups and that if the new advocacy campaign succeeds in convincing Americans to support carbon-emissions trading, “Al Gore will be uniquely positioned to cash in.”

However, Richard Campbell, a spokesman for Generation Investment Management, called the suggestions a “nonsense story.”

In an e-mail message to The Chronicle, he writes that neither Mr. Gore nor any other members of the investment company’s board will make money from the expansion of carbon trading.

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