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Al Gore to become world’s first ‘carbon billionaire’

admin November 05, 2009 Blog 2 Comments

Former US vice president Al Gore, who has campaigned relentlessly on green issues, is on track to become the world’s first “carbon billionaire” amid claims of profiting from the climate change agenda.

Since he abandoned mainstream politics following his defeat in the 2000 presidential polls against George W Bush, Gore’s personal fortune has risen from 1.2 million pounds to an estimated 60 million pounds, according to a report in the Daily Telegraph newspaper.

It is claimed that the Nobel peace laureate is on course to become the world’s first “carbon billionaire” after significant investments in environmentally friendly projects like carbon trading markets, … Continue Reading

The Clean Reign

admin November 04, 2009 Blog 1 Comment

Economic compulsions, not Copenhagen, will drive the rise of clean technology.

For a clean technology cheerleader, Nicholas Parker is remarkably cool about the conflicting climate change theories floating around. He also seems least perturbed by the prospect of failure at the Copenhagen climate change summit in December. “I don’t really care about Copenhagen,” says Parker, the co-founder of a company that established clean technology as an investment category. That was way back in 2002.

Parker’s Cleantech Group, a membership network providing research and advisory services, unsurprisingly, holds the trademark for the cleantech name.

Parker, actually, cares about Copenhagen. His point is the shift … Continue Reading

Forty days to get a climate deal

admin November 01, 2009 Blog 3 Comments

The Copenhagen summit opens in December. Many see it as the last chance to limit the consequences of global warming – but failure is a real prospect. Here, we examine the complex trade-offs that will have to take place for the summit to succeed

Global warming has brought hard times to Hebei, the dry northern province of China that envelops Beijing. Rising temperatures and unpredictable rain patterns have forced farmers and nomads to flee the land and move to cities. Lakes are drying, crops are withering, deserts are spreading and food production is declining: all reminders to the Chinese government that … Continue Reading