MONEY & BIAS

James Taranto of Opinion Journal writes today about:

The Color of Money
Tennessee blogger Bill Hobbs picks up the story of Al Gore's voracious household energy use, which we noted Tuesday:

The Tennessean reported that Gore buys "carbon offsets" to compensate for his home's use of energy from carbon-based fuels. As Wikipedia explains, a carbon offset "is a service that tries to reduce the net carbon emissions of individuals or organizations indirectly, through proxies who reduce their emissions and/or increase their absorption of greenhouse gases." . . .

But how Gore buys his "carbon offsets," as revealed by The Tennessean raises serious questions. According to the newspaper's report, Gore buys his carbon offsets through Generation Investment Management:

Gore helped found Generation Investment Management, through which he and others pay for offsets. The firm invests the money in solar, wind and other projects that reduce energy consumption around the globe . . .

Gore is chairman of the firm and, presumably, draws an income or will make money as its investments prosper. In other words, he "buys" his "carbon offsets" from himself, through a transaction designed to boost his own investments and return a profit to himself. To be blunt, Gore doesn't buy "carbon offsets" through Generation Investment Management--he buys stocks. . . .

Meanwhile, Gore runs around the country and the world trumpeting "climate crisis" and blaming man's use of carbon-based energy--burning thousands of gallons of jet fuel as he goes.

Read all of it here.