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How Al Gore Got Rich
futureofcapitalism.com
The Washington Post reports: Just before leaving public office in 2001, [Vice President Al] Gore reported assets of less than $2 million; today, his wealth is estimated at $100 million....Fourteen green-tech firms in which Gore invested received or directly benefited from more than $2.5 billion in loans, grants and tax breaks, part of President Obama's historic push to seed a U.S. renewable-energy industry with public money.
One example: Iberdrola Renovables, a wind subsidiary largely owned by the Spanish electricity giant Iberdrola, received $1.5 billion for 20 wind farms it built across the United States.
Read More...
How Al Gore Got Rich
futureofcapitalism.com
The Washington Post reports: Just before leaving public office in 2001, [Vice President Al] Gore reported assets of less than $2 million; today, his wealth is estimated at $100 million....Fourteen green-tech firms in which Gore invested received or directly benefited from more than $2.5 billion in loans, grants and tax breaks, part of President Obama's historic push to seed a U.S. renewable-energy industry with public money.
One example: Iberdrola Renovables, a wind subsidiary largely owned by the Spanish electricity giant Iberdrola, received $1.5 billion for 20 wind farms it built across the United States.
Read More...
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Carol Leonnig
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