Wintery Knight

…integrating Christian faith and knowledge in the public square

Will Al Gore make billions if cap and trade passes?

I spotted this story over on Steve Milloy’s Green Hell blog.

He writes:

Al Gore’s venture capital firm has invested $6 million in a software company that stands to make billions of dollars from cap-and-trade regulation — further fueling controversy that Gore lied about his profiteering from cap-and-trade to Rep. Marsha Blackburn (R-TN) and the House Energy and Environment Subcommittee during testimony in April.

Hara Software sells software to help track greenhouse gas emissions. The market for such software is now about $2.5 billion dollars in size, and is expected to grow by a factor of ten to $25 billion if cap-and-trade legislation is enacted, according to Hara CEO Amit Chatterjee.

…Gore is also under fire for lying to Rep. Steve Scalise (R-LA) at the same congressional hearing about his relationship with Goldman Sachs.

My post featuring the video of Congresswoman Marsha Blackburn grilling Al Gore on his investments is here.

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