“A conservative think tank is making fresh conflict of interest allegations against consumer electronics giant Apple and its most famous board member, former vice president and green energy advocate Al Gore,” Gene J. Koprowski reports for FOXNews.com.
“Apple plans to fuel a new data center in suburban Charlotte, N.C., partly by two dozen hydrogen power units from Bloom — a revolutionary power company,” Koprowski reports. “But the National Center for Public Policy Research thinks the real winner may be not the planet, but the former vice president. ‘Fuel cells are among the world’s most expensive forms of generating electricity,’ said Tom Borelli, Ph.D., director of the National Center’s Free Enterprise Project. ‘Apple buying technology from Bloom Energy, where Gore has a financial stake, is a clear conflict of interest.'”
Koprowski reports, “Ralph Ward, publisher of the Boardroom Insider newsletter and an expert on corporate governance, agreed that Gore may face a conflict of interest if he failed to disclose that link…. He told FoxNews.com. ‘The key would be what Apple says Al Gore disclosed to the board of directors. Without knowing that, it’s kind of tricky.'”
Read more in the full article here.
[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]
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