Daily News Article - May 14, 2008
1. What is GIM?
2. a) Define venture capital.
b) How is KPCB linked to GIM?
3. What is the difference between GIM and KPCB?
4. According to some business analysts, what does the government need to do so that green companies backed by KPCB will be profitable?
5. a) What problem do Al Gore's critics have with his financial stake in green companies?
b) How have Mr. Gore's defenders responded to these accusations?
c) Mr. Gore has lobbied Congress and state governments to enact bolder environmental regulations. Do you think his motives for doing so are completely noble? Explain your answer.
6. a) what is a cap and trade system? (see paragraph 18)
b) What types of government intervention could potentially benefit GIM's green companies? (see paragraph 12)
7. a) Define subsidy as used in paragraph 16.
b) What types of alternative power sources currently receive government subsidies?
8. This article is long and can be somewhat confusing, but you should be able to understand the main idea, if not all the specifics. Read the article a second time and briefly explain the main idea.
9. Why is this article newsworthy?
10. Matthew Vadum, a research associate for the Capital Research Center, a conservative think tank that has investigated Gore's financial interests in the global warming movement said "I believe Al Gore is a true believer, but he also is a smart businessman." Do you agree with Mr. Vadum? Explain your answer.