Al Gore invests millions to make billions in cap-and-trade software

June 2, 2009

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.

Kleiner Perkins, a venture capital firm in which Al Gore is a partner, invested in Hara just last year. Chatterjee told Reuters that,

“This company would not have existed if Al Gore had not bought off on the idea.”

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

Operating as a stealth tax, cap-and-trade will make the vast majority of Americans poorer and less free — but Al Gore, Kleiner Perkins, Amit Chatterjee and Hara will be laughing all the way to the bank.

11 Responses to “Al Gore invests millions to make billions in cap-and-trade software”


  1. [...] Gore reportedly has billions of reasons to be glad the Waxman-Markey cap-and-trade bill was approved by the House in a squeaker [...]


  2. [...] Al Gore make billions if cap and trade passes? I spotted this story over on Steve Milloy’s Green Hell [...]

  3. johnminn2 Says:

    Surely “nothing new under the sun” with their actions. They are deceived and are deceivers. Do not expect them to do that which is against their nature.
    Many of them consider themselves the “Illumined Ones” but are in reality Dim Wits.
    You have to give that bunch of miscreants credit, they DO take care of their own.
    Isn’t it about time that we quit “playing nice” and call them what they are: Liars, Cheats, Thieves and Deceitful. The poor dumb things can not support themselves by the work of their hands, so instead they live like blood sucking lice on the bodies of the productive. Time for a bit of louse powder.


  4. [...] Al Gore invests millions to make billions in cap-and-trade software [...]


  5. [...] Lying, hoaxing scumbag… Call me crazy, but isn’t it a crime to lie to Congress? From: GreenHell [...]


  6. [...] his Green Hell Blog, Steve Milloy says: Al Gore’s venture capital firm has invested $6 million in a software company that stands to make [...]


  7. [...] Nah, he lied. I’ve been saying it since I started this blog, Follow The Money! Steve Milloy at Green Hell Blog has the [...]

  8. bicballpoint Says:

    Al Gore’s entire sci-fi/horror was based on a series of lies calculated to decieve the public into accepting the ludicrous theory that man is responisble for climate change.

    C02, a colourless, odourless gas, one of the most beneficial to all life forms has been transformed into a modern day Frankenstein’s monster thoru skilful manipulation by computer climate models.

    Yes, Gore stands to make billions of dollars and millions of people, in the greatest act of deliberate genocide the world have ever experienced, will die.

    But business is business, eh, Al?

  9. bear865 Says:

    What do you expect? This whole eco-fascist movement is to sheer as many Useful Idiot sheep a possible. Unfortunately, they are also planning to sheer those of us who are still trying to be productive, and also, to continue to exploit the Third World, especially Africa right now.


  10. [...] Al Gore invests millions to make billions in cap-and-trade software [...]


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