Is global warming a hoax? Anyone who listens to the news very often comes across a news anchor explaining how the Earth's climate is changing. Global warming is a term that strikes fear in many. But with all the media being open and uncensored, how do we know it's not a lie or a cover-up? So, what does global warming actually mean and is it really true? If global warming is so serious, why are we taking the time to act? The Earth's climate changed long before the era of industrialization began; long before we started extracting fossil fuels, burning them and releasing carbon into the air. So if this has been happening for a long time, why is it making so much noise? Many think it is just a simple story. Regarding the financial outlook, many beneficiaries have emerged from investments in environmentally friendly materials. One of the notable people who made meteoric financial gains after his investment in green industry riches is Al Gore, an American politician, advocate and philanthropist, who was the 45th Vice President of the United States under the President Bill Clinton. Larry Bell states: In 2004, Gore co-founded Generation Investment Management (GIM) in London with Senator Feinstein's husband, former Goldman Sachs Group, Inc. managing director David Blood, to invest money in companies who were “going green”. Public records show that GIM generated profits of nearly $218 million between 2008 and 2011, distributed among 26 partners. In 2008, Gore managed to raise $35 million in hedge funds and private partnerships through Capricorn Investment Group, a Palo Alto company founded by his Canadian billionaire friend Jeffrey Skoll, the first chairman of EBay Inc ( Bell). co...... middle of document ......sources Defense Council (NRDC), “Four impacts of global warming alone – hurricane damage, property losses, construction costs energy and water – will have a price. of 1.8 percent of U.S. GDP, or nearly $1.9 trillion per year (in today's dollars) by 2100” (Akerman 4). Climate change or global warming is neither today's nor tomorrow's problem. This is a long-term problem that is affecting us, is affecting us, and will affect us at an even greater rate. Works cited by Ackerman, Frank and Elizabeth A. Station. “The cost of climate change: what we will pay if global warming continues unchecked. » nrdc.org. Natural Resources Defense Council, May 2008. Web. April 26, 2014. Bell, Larry. “The Greening of Gore’s Bank Account.” Forbes. May 21, 2013. the web. April 25, 2014. United States Environmental Protection Agency. Future climate change. Epa.gov. and Web. April 25 2014.