Gore supports college divestment of fossil fuel companies — but what about at his own investment firm?

As reported by divestment campaigner-in-chief Bill McKibben:

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Aside from the recent sale of Current TV to the oil-state of Qatar, Gore’s venture capital firm of Kleiner Perkins Caulfield and Byers has its own fossil fuel investment skeleton (a company that sells oil drilling technology):

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Read the Wall Street Journal article: “Kleiner Perkins Hopes To Turn A Black Eye Into Black Gold.”

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4 responses to “Gore supports college divestment of fossil fuel companies — but what about at his own investment firm?

  1. Portfolio managers who agree to this should be sued for breach of fiduciary duty.

    Avoiding an industry in a boom growth period over ideological reasons is proof positive you’re allowed too close to OPM.

  2. If you read “Ballad of the Flim Flam Man” you will understand Algore.

  3. Yes, of course, let’s divest from the highly profitable and useful carbon-based fuels companies. And let’s divest from Israel, the only participatory democracy in the Middle East where Arabas can actually vote and have it mean something.
    Let’s put our money into green energy, or green household products, using twice the resources to get any actual results. Because it feels good.

  4. Al Gore can make any deal of any type whatsoever with any fossil fuel company anywhere, as long as a few carbon credits are wrapped up in the deal. It’s a bullet-proof business model.

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