Posts Tagged ‘Enron’

Crooked Politicians Do Their Masters’ Bidding in Paris

December 19, 2015

The crooked corporations who are pushing Enron’s global warming scam got their money’s worth from the crooked politicians who recently met in Paris. They got their pet politicians to support carbon trading which was the reason Enron set up the scam with the crooked administration of President Bill Clinton and Vice President Al Gore.

The following a copy of an earlier blog post. I’ve changed the link to the Lawrence Solomon article because it is now at another site, but haven’t checked the other links.

Remember Enron, the corrupt firm whose failure should have disproved the myth “too big to fail”, but didn’t? At the time it was the seventh largest corporation. It’s bankruptcy was the largest in history until Lehman Brothers failed. Incidentally, Lehman Brothers was also involved in carbon trading.

Enron owed part of its early success to emissions trading. Basically emissions trading was established as a way for some companies to profit from pollution while allowing some companies to continue to produce the chemicals that can cause acid rain.

Lawrence Solomon, executive director of Energy Probe and Urban Renaissance Institute, has reported that Enron played a major role in pushing the global warming scam, including establishing the Kyoto Protocals.

Enron had already profited from trading sulfur dioxide credits and 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.”

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.”

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Enron’s Global Warming Scam Survived It’s Bankruptcy

February 4, 2013

Remember Enron, the corrupt firm whose failure should have disproved the myth “too big to fail”, but didn’t? At the time it was the seventh largest corporation. It’s bankruptcy was the largest in history until Lehman Brothers failed. Incidentally, Lehman Brothers was also involved in carbon trading.

Enron owed part of its early success to emissions trading. Basically emissions trading was established as a way for some companies to profit from pollution while allowing some companies to continue to produce the chemicals that can cause acid rain.

Lawrence Solomon, executive director of Energy Probe and Urban Renaissance Institute, is reporting that Enron played a major role in pushing the global warming scam, including establishing the Kyoto Protocals. [Solomon’s article in the National Post is apparently no longer posted on the web.]

Enron had already profited from trading sulfur dioxide credits and 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.”

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.”

The Greatest Scam in History

January 2, 2013

The residents of California are about to become victims of what Weather Channel founder John Coleman has accurately called “the greatest scam in history”. They will be paying higher energy bills to help carbon traders get richer.

In the 1990’s the corrupt Enron company began paying scientists and purported environmental groups to support the outright lie that slight increases in atmospheric carbon dioxide could increase atmospheric temperatures. Enron also supported politicians who were willing to go along with this scheme. Enron’s goal was to get governments to establish a system for trading what the company called “carbon credits”.

Companies producing carbon dioxide have to pay for “carbon credits” to do so . These carbon credits can then be traded by speculators just like stocks and bonds. More on Enron and carbon trading later.

I’ve posted numerous articles on the global warming fraud over the last several years. I’m going to repost some of them to make it easier for readers to find them. Because of their age, some of the articles they link to may no longer be available on the web. I’m going to post them as is for now, but may rewrite some of them with new links later.

One fact many people don’t understand about science is that science has long had an attraction for con artists. A few centuries ago “scientists” called “alchemists” would get wealthy nobles to finance their research by claiming to be working on a way to turn metals like lead into gold .

As a college undergraduate, I initially started studying math and physics before making the mistake of thinking I could help politicians find solutions to social problems by studying the social sciences. I didn’t realize politicians weren’t particularly interested in actually solving social problems. My physics course work included the study of light. Physics is the science that deals with energy such as heat and electromagnetic radiation or light.

The physics of climate is relatively simple. It isn’t necessary to understand quantum physics to understand climate unless you want to study the peculiar characteristics of water molecules such as why ice(solid water) floats on liquid water. It’s the complex interaction of various factors, including cycles like el Nino / la Nina, that makes climate complicated. The study of climate inspired development of the math/science field of chaos theory which applies to a variety of subjects including human behavior. Those of you who invest in the stock market might want to investigate applications of chaos theory.

My interest in human behavior includes human interaction with the physical environment. There are actions humans take that can impact climate, but production of carbon dioxide isn’t one of those actions. For example, humans can cause desertification by eliminating trees. The draining of wetlands in Florida has increased the potential for freezing weather in the state. The increased danger of freezing weather potentially threatens the orange crop that plays a major role in Florida’s economy.

The claim by global warming alarmists that slight changes in the amount of the very minor, but essential, atmospheric gas, carbon dioxide can significantly change temperature is absurd. CO2 comprises less than 0.04% of the atmosphere. The only change in CO2 that could impact temperature would be if CO2 levels dropped below the amount necessary to support plant life. Plants store solar energy in the form of the electron bonds holding complex carbon molecules together. This process reduces the amount of solar radiation converted to heat.

Those who claim CO2 causes warming by trapping infrared radiation (IR) ignore the fact that physicist R. W. Woods disproved the theory that “trapping” radiation causes heating in greenhouses or the atmosphere over a century ago.

My knowledge of human behavior helps me understand how otherwise intelligent individuals can support the nonsense that a minor gas like CO2 can control climate. Many people support the claim that CO2 causes warming because they are profiting from trading carbon credits or are being paid by carbon traders. Natural gas companies like the late Enron company can gain a competitive advantage over coal because coal has a higher carbon content than natural gas

Others have reverted to primitive religious beliefs. They want to believe that humans can “control” climate because they are scared by the idea that climate is beyond control. In effect, many of them believe that if unfavorable weather events it means they have offended the “weather gods”. Global warming believers use the equivalent of the word “heretic” to describe those who disagree with them. Terms like “denier” and “contrarian” labels those who use the terms as childish. The terms brand those who use them as religious fanatics rather than scientists.

Why Pay for Newspaper Lies?

November 23, 2010

Recently published figures indicate newspaper circulation continues to decline. The economy and the Internet certainly play a role in that decline. Another reason may be that people don’t see any reason to pay to be lied to about political issues.

Many editors and political reporters have ceased being journalists. Most of them have become propagandists for the Democratic Party with a smaller number supporting the Republican Party.

Media Democrats seem more inclined to take orders from politicians. Republicans like Rush Limbaugh and Sean Hannity prefer to try to give orders to Republicans.
MSNBC recently suspended Keith Olbermann for contributing money to three Democratic candidates, but has never complained about him giving free advertising worth tens of millions to Democratic candidates.

Keith Olbermann and other partisan Democratic “journalists” are nothing more than “media sheep” for the Democratic Party. In George Orwell’s “Animal Farm” the pigs take charge of the revolution that overthrows the farmer.

Napoleon makes himself the chief pig and uses the sheep to spread his propaganda. He controls them so completely that he is even able to get them to change their message without complaint. For example, he initially has them bleat “four legs good, two legs bad” to indicate that the animals are good and humans are bad. Later when he and the other pigs learn to walk on two legs he gets them to bleat “four legs good, two legs better” to indicate that the pigs are superior to the other animals.

The Democrats’ media sheep don’t understand that blindly following any Democrat who mumbles the right catch phrases has hurt their party. The media sheep’s unwillingness to look behind the curtain of the self proclaimed wizards of the Democratic Party has allowed charlatan and incompetents to take over the party.

The media sheep like to repeat the old Democratic mantra that it is the Republican Party that is the party of the rich while ignoring the fact that supporters of the Democratic Party like George Soros and Warren Buffett aren’t poor folks. The media sheep ignore the fact that during the Clinton administration Sen. Joe Lieberman, a Democrat, wrote legislation approved by a Democratic Congress that allowed Enron to flourish and rip off its stockholders.

Democrats and their media sheep are the ones pushing the carbon dioxide cap and trade scheme pushed by the late dinosaurs Enron and Lehman Brothers along with other wealthy financial interests. Enron wrote the Kyoto accords for the Clinton administration.

It’s been easy to identify the Democrats media sheep since the election. Media sheep believe that President Barack Obama and the Democratic Congress were taking the economy forward. They claim that Republicans will take us backwards.

The media sheep are either too lazy to research the facts or don’t care if they are telling the truth or not.

Unemployment went up early in the administration of President George W. Bush because of the small recession at the end of the Clinton administration, the collapse of the dot.com businesses and 9/11. However, by January. 2007, when the Democrats took control of Congress unemployment had fallen from 6.3% to 4.65% according to Labor Department statistics. .

After two years of the Democratic controlled Congress unemployment rose to 7.7%. After Barack Obama moved into the White House unemployment rose to 10.1% before stabilizing at about 9.6%.

Cowboy, if you think those numbers indicate the economy has been going forward under the Democrats, you’re facing the wrong end of the horse. If Republicans are taking us “back” it’s because they have to go back along the wrong road the Democrats have been on before taking us forward.

Newspaper publishers need to decide whether they want to serve the Democratic Party, regardless of the quality of its candidates, or the readers who buy their papers. The recent election disaster for Democrats demonstrates that the media’s efforts to help Democrats isn’t working because voters are smart enough to recognize incompetence in those holding public office. Voters can recognize when the emperor has no clothes. Media sheep cannot.

Will Old Media Cover Global Warming Scandal?

November 24, 2009

The blogosphere is abuzz with news of the latest global warming scandal.  A latter day “Daniel Ellsberg” has released the climate equivalent of the Pentagon Papers onto the web.

In 1971 former Defense Department employee Daniel Ellsberg  turned over  a large collection of Pentagon  Vietnam War related documents   to the New York Times.  Recently an unknown whistler blower released 61 megabytes of  documents along with       emails involving communications between Professor Phil Jones, Director of the Climate Research Unit at the University of East Anglia, and various other scientists who support the claim that humans can raise  air temperatures by  increasing the amount of the magical  atmospheric gas  carbon dioxide (CO2).

Some of the old media are reporting this scandal, but most seem to be ignoring it.

John Delingpole on the London Telegraph site suggests:  “The Global Warming myth (aka AGW; aka ManBearPig) has been suddenly, brutally and quite deliciously exposed after a hacker broke into the computers at the University of East Anglia’s Climate Research Unit (aka Hadley CRU) and released 61 megabytes of confidential files onto the internet. (Hat tip: Watts Up With That)”

Andrew Bolt of the Herald Sun suggests “the 1079 emails and 72 documents seem indeed evidence of a scandal involving most of the most prominent scientists pushing the man-made warming theory – a scandal that is one of the greatest in modern science. I’ve been adding some of the most astonishing in updates below – emails suggesting conspiracy, collusion in exaggerating warming data, possibly illegal destruction of embarrassing information, organized resistance to disclosure, manipulation of data, private admissions of flaws in their public claims and much more. If it is as it now seems, never again will “peer review” be used to shout down skeptics.”

Marc Sheppard points out the hypocrisy of Jones, et.al. criticizing the funding of their opponents.    Of the two documents that  mention funding for global warming claims it’s “the second document (potential-funding.doc) that tells the more compelling tale.  In addition to four government sources of potential CRU funding, it lists an equal number of “energy agencies” they might put the bite on.  Three — the Carbon Trust, the Northern Energy Initiative and the Energy Saving Trust — are UK-based consultancy and funding specialists promoting “new energy” technologies with the goal of reducing carbon dioxide emissions. The fourth — Renewables North West — is an American company promoting the expansion of solar, wind and geothermal energy in the Pacific Northwest.”

Bishop Hill has an index of many of the emails for those interested in further reading.   There is also a searchable database.

These revelations aren’t the first that question  claims about global warming.  Lawrence Solomon reported that the Enron Corporation pushed global warming claims  in the 1990’s because of a desire to profit from trading  carbon credits.   Enron also felt it would benefit from encouraging use of  its natural gas holdings  over coal and petroleum.  Former Enron official Jeff Shields  has been associated with Renewables North West.

Will the old media continue to  ignore  evidence  that global warming is a fraud, or will they decide to expose it like they did Watergate and other past scandals?    Have old media reporters been ignoring the scandal because they are being paid to, or are they just too lazy to investigate claims of fraud?