Al Gore Puts On His Capitalist Cap
The former vice president has thrown plenty of his own money at the climate crisis, but now the Nobel Prize-winning environmental activist is hoping to profit from his policy ideas. "An environmental start-up backed by Al Gore's venture capital firm aims to take advantage of coming U.S. climate change legislation by helping companies like Coca Cola and even cities cut pollution," reports Reuters.
The former vice president has thrown plenty of his own money at the climate crisis, but now the Nobel Prize-winning environmental activist is hoping to profit from his policy ideas. “An environmental start-up backed by Al Gore’s venture capital firm aims to take advantage of coming U.S. climate change legislation by helping companies like Coca Cola and even cities cut pollution,” reports Reuters.
Your support is crucial...Reuters:
Hara, a 25-employee company that debuted in 2008, provides online software to help companies reduce their carbon footprint — a $2.5 billion market that will grow 10-fold if the proposed energy bill, which will require companies to get permits for emissions, becomes law, Chief Executive Amit Chatterjee said.
At the heart of the legislation is a “cap-and-trade” system that will gradually reduce the amount of greenhouse gases emitted by industry, by requiring them to have permits to spew their emissions.
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The former vice president has tried to cut the program for over 40 years.
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Framing the urgency of climate change in terms we can all understand might push us to get a move on with saving the planet and ourselves.
Like so many billionaires of our new Gilded Age, the former Starbucks CEO doesn't care about the consequences of his political escapades.
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