We will create green new deal, says Gore | World news | The Guardian
For a man with the very survival of human civilisation weighing heavily on his broad shoulders, Al Gore cuts a surprisingly relaxed figure. With a Diet Coke in hand, and chewing gum rolling around inside his mouth, one of the great "what ifs" of modern political history strolls into the boardroom of his London-based asset management firm, located in one of the city's "most environmentally friendly buildings".
Gore is in the capital, as he is every few months, to spend a couple of days meeting with his partners at Generation Investment Management, the "sustainability-driven" asset management firm he set up in 2004 with David Blood, who, as the former chief executive of Goldman Sachs Asset Management, once managed investments worth $325bn (£232bn). As is the case everywhere, the numbers are somewhat smaller these days, but the firm they both wanted to call Blood and Gore (sadly, it was overruled by the rest of the board) still manages a pot of investments worth billions, according to Blood.
As chairman, Gore, 61, says he spends about "one day a week" working for Generation, but his press handlers won't expand on what investments he holds or remuneration he receives, other than to say he initially used his own money to "experiment with" in trial investments during the two-year period when the company's "structure and philosophy" was being established ahead of any outside investors being invited to join them. It is tempting to see Gore's role at Generation as the day job, allowing him the time and financial security to spend the rest of the working week on his three-decade-long quest to warn the world about the perils of climate change. But he insists that his role at Generation is as important as any of his other high-profile projects.
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Gore says that, since the election of Barack Obama last November, he feels much more bullish about the chances of political progress in tackling climate change. But one group who are unlikely to ever "get it" are the ever-vocal contingent of climate change sceptics, the most prominent of whom were gathered at a conference this week in New York. Al Gore, the world's best-known climate change "alarmist", as the sceptics like to say, was a popular source of ridicule and ire at the conference. Gore brackets the sceptics with those who believe in creationism: "It's fed by a huge amount of funding from carbon special interests who have been financing these phoney, pseudo-scientific reports and they have a self-interest in sowing doubt. Doubt is their product.
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