Most of this was previously posted. Some of the links may no
longer work.].
Lawrence
Solomon, executive director of Energy Probe
and Urban
Renaissance Center,
has
reported that Enron played a major role in pushing the
global warming scam, including establishing the Kyoto Protocals.
In the nineties, Enron executives came up with a new get rich
scheme. Enron owed part of its early success to
sulphur dioxide emissions
trading. Basically emissions
trading was established as a way for some companies to profit from
pollution while allowing other companies to continue to produce the
chemicals that can cause acid rain.
Enron saw the potential for even greater profits from
trading what would become known as "carbon credits".
The article is the first in a series of articles about those who
seek to profit from what Weather Channel founder John Coleman
calls "the greatest scam in history." It's too late to
prosecute Enron executives, but what about executives in the
companies that continue to profit from the scam. The
media's continued failure to report the truth could allow executives
to claim they don't know claims about "global warming" or "climate
change" are fraudulent.
Solomon states, " The climate-change industry — the
scientists, lawyers, consultants, lobbyists and, most importantly,
the multinationals that work behind the scenes to cash in on the
riches at stake — has emerged as the world’s largest industry.
Virtually every resident in the developed world feels the bite of
this industry..." which increases the costs of various goods
and services.
Enron was an early player beginning early in the
administration of Bill Clinton to push for a carbon dioxide trading
system. Enron also sought support from environmental groups.
"Between 1994 and 1996, the Enron Foundation donated $1-million to
the Nature
Conservancy and its Climate Change Project, a leading force
for global warming reform, while [Chairman Kenneth] Lay and other
individuals associated with Enron donated $1.5-million to
environmental groups seeking international controls on carbon
dioxide."
According to Solomon, "Political contributions and Enron-funded
analyses flowed freely, all geared to demonstrating a looming global
catastrophe if carbon dioxide emissions weren’t curbed. An
Enron-funded study that dismissed the notion that calamity could
come of global warming, meanwhile, was quietly buried."
Enron advised
the
Clinton administration what to do at the Kyoto Japan
Conference in 1997.
To improve its chances for success Enron hired former Environmental
Protection Agency regulator John Palmisano to become the company's
lead lobbyist as senior director for Environmental Policy and
Compliance. Palismano wrote a memo describing the historic
corporate achievement that was Kyoto.
“If implemented this agreement will do more to promote Enron’s
business than will almost any other regulatory initiative outside of
restructuring of the energy and natural-gas industries in Europe and
the United States,” Polisano began. “The potential to add
incremental gas sales, and additional demand for renewable
technology is enormous.”
The memo, entitled “Implications of the Climate Change Agreement in
Kyoto & What Transpired,” summarized the achievements that Enron
had accomplished. “I do not think it is possible to overestimate the
importance of this year in shaping every aspect of this agreement,”
he wrote. He cited three issues of specific importance
to Enron in the climate-change debate: the rules governing
emissions trading, the rules governing transfers of emission
reduction rights between countries, and the rules governing a
gargantuan clean energy fund.
Polisano’s memo expressed satisfaction bordering on amazement at
Enron’s successes. The rules governing transfers of emission rights
“is exactly what I have been lobbying for and it seems like we won.
The clean development fund will be a mechanism for funding renewable
projects. Again we won .... The endorsement of emissions trading was
another victory for us.”
“Enron now has excellent credentials with many ‘green’ interests
including Greenpeace, WWF [World
Wildlife Fund], NRDC [Natural
Resources Defense Council], German
Watch, the U.S.
Climate Action Network, the
European Climate Action Network, Ozone
Action, WRI [World
Resources Institute] and Worldwatch.
This position should be increasingly cultivated and capitalized on
(monetized),” Polisano explained.
Those who believe in Global Warming like to claim that they are
opposed by corporate interests in the form of the energy
companies. They neglect to mention that the battle isn't
against corporations, it is between different groups of
corporations. The energy companies are attempting to continue
providing energy to consumers. Companies on the other side are
merely attempting to create a financial opportunity for themselves
as financial parasites who provide nothing to anyone and get rich in
return.
Democrats often criticize Republicans for being too close to
business. Democrats are just as close to business. They simply
favor different businesses.
As William
O'Keefe, chief executive officer of the Marshall
Institute, puts
it: "The American people have had enough of convoluted,
indecipherable financial schemes and the opportunists who exploit
them. The public is understandably angry about Wall Street's
exploitation of Main Street, and yet our political leaders are
setting the stage for another complex trading market, ripe for
corruption. The future Enrons and Bernie Madoffs of the world would
like nothing better than to see the U.S. impose a new market for
carbon emission trading."
Wednesday, February 3, 2021
Crooked Joe Pushing Greatest Scam in History
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