Gore says 'proud' to invest green in green

WASHINGTON, Nov. 3 (UPI) -- Former U.S. Vice President Al Gore said Tuesday he's proud to invest in green companies and is not a "carbon billionaire" as portrayed in a published report.

"I am proud to put my money where my mouth is for the past 30 years," Gore said during ABC's "Good Morning America." "And though that is not the majority of my business activities, I absolutely believe in investing in accordance with my beliefs and my values."

The New York Times, in its Tuesday edition, called Gore the first "carbon billionaire," saying he has profited from policies he supported.

Gore said he thinks the United States will succeed in moving toward renewable energy sources. He said the U.N. Climate Change Conference in Copenhagen, Denmark, in December will be another step in attaining that goal, and provide an opportunity to "create millions of new jobs here at home and reduce our dangerous dependence on foreign oil by relying on energy that is here in the United States, renewable energy that creates jobs that can't be outsourced."

While President Barack Obama hasn't committed yet to attending the conference, Gore said he felt "certain" Obama would go.

"(This) conference is very crucial," Gore said. "First, because the scientists have been saying for quite some time we still have time to avoid the worst of the consequences of this cataclysm that is now unfolding."