ON CARBON OFFSETS

“Before reviewing Gore’s various inanities that won him the Nobel, it is worth taking a look at one of his related projects: carbon offsets. As chairman and founder of Generation Investment Management, a firm that purchases carbon dioxide offsets, Gore stands to profit further from what he sees as mankind’s misery—which is OK by me. I’m glad to see he finally has developed the capitalist instinct (like his dad did with Occidental Petroleum and Armand Hammer). But carbon offsets are a rather strange concept. Let me use a simple metaphor to explain it: Let’s suppose that Al Gore goes to an Italian restaurant and eats a loaf of garlic bread, a plate of lasagna, a bowl of spaghetti and meatballs, an extra-large pizza with seven toppings, a couple bottles of Chianti and a large assortment of pastries. As a result, he puts on 10 pounds. But he is deeply concerned that mankind is getting too fat. So he pays 10 peasants in Asia $10 each to eat nothing for a week. Although they are already thin, by starving themselves for a week, they each lose a pound. As a result, after a week, mankind is weight neutral. Al Gore weighs 10 pounds more, 10 Asians weigh 10 pounds less—and Al Gore is given another Nobel Peace Prize for his leadership in keeping mankind’s waistline in check.”

—Tony Blankley