Former US Vice President, Al Gore, has emerged as the world's best known and greatest advocate for everyone doing their bit to use less energy including at home and/or buying carbon offsets particularly when they travel by aeroplane.
According to Herald Sun columnist, Andrew Bolt, writing in today's Sunday Mail**, Al Gore not only uses 20 time more power than the average American household at his 20-room, eight-bathroom home in Nashville, but, he buys his offsets through Generation Investment Management and the Chairman of Generation Investment Management is Al Gore.
Surely not!
-----------------------------------------------
** I can't find the column online, it is entitled 'Time That Gore Saw The Light' (The Sunday Mail, pg 61, March 4).
Andrew Bolt has a popular blog here: http://blogs.news.com.au/heraldsun/andrewbolt/
"Tax schemes like this have been running for years" can not refer to negative gearing.
Only in the MIS, religion and charities are contributions 100% tax deductable. And now carbon offsets, Al Gores fund is registered as a charity.
*The Generation Foundation is a tax exempt, grant making public charity working to help revitalize the Notheast economy.*
Blend those values!
http://www.generationfoundation.org/
I tire of the misunderstandings of capitalism here.
Capitalism is the system of social cooperation based on individuals deciding or choosing what to, or not, what to do.
Socialism is its opposite here individuals must do what the State decides.
Profittering and monopoly are state sanctioned activies, monopoly originally being the benefit bestowed on someone by edit of the State.