June 2, 2009
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.