siliconinvestor.com Sure wouldn't want you to miss that.
At a dinner in Kyoto during treaty negotiations, Enron chairman Lay was given an award by the Climate Institute. Enron also received an award from the EPA. Writing in the journal of the Hoover Institution, Bruce Yandle noted that Enron endorsed President Clinton’s $6.3 billion plan to fight global warming by subsidizing the production and purchase of renewable energy and related technologies. Yandle added, "Kyoto-justified taxpayer subsidies will make life easier for firms like Enron." Clinton gave them the subsidies in exchange for campaign contributions. ............................................................................................................................................................... Vice President Al Gore championed the Kyoto Protocol, which would have required 40 industrialized nations to drastically reduce greenhouse gas emissions by the year 2012.
Toward realizing that opportunity, Enron Chairman Kenneth Lay applauded Clinton's support for the Kyoto Protocol in an Oct. 22, 1997 corporate statement, calling it "a comprehensive, yet realistic, program that starts to move the United States and the world toward minimizing carbon dioxide emissions."
Lay liked the emission targets and incentives to develop new energy and environmental technology as well as the "carbon dioxide trading program."
Enron was invested in both natural gas energy alternatives and wind power technologies, both of which fit the profile of what the Kyoto Protocol demanded, and the company needed little prodding when it came time to support the global warming treaty.
John Palmisano, senior director for environmental policy and compliance at Enron, wrote in a Dec. 12, 1997 internal memo regarding Kyoto, that "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."
In the memo, Palmisano also promoted the carbon emissions trading provisions in the Kyoto treaty and said the "additional demand for renewable technology is enormous."
"Enron has immediate business opportunities which derive directly from this agreement," he wrote. Palmisano envisioned that the Clinton administration would be receptive to any of Enron's policy goals. "I do not think it is possible to overestimate the importance of this year in shaping every aspect of the agreement," Palmisano declared.
He then wrote that the Kyoto Protocol represented a victory for Enron's lobbying efforts. ............................................................................................................................................................. Enron also used its "excellent credentials" with environmental groups to help lobby the Clinton administration for tax breaks on development of wind energy technologies.
A Nov. 3, 1999 Enron statement boasted that the environmental group, "National Audubon Society today praised Enron Wind Corp." for an agreement to re-locate a wind-powered generating facility to accommodate an endangered species.
According to the statement, "the agreement directly benefits the California condor recovery effort while facilitating a wind power project that would provide green energy to the Los Angeles area."
But the Audubon Society did not only publicly praise Enron. It also engaged in lobbying for tax breaks to benefit the company.
"The National Audubon Society has also announced that it unconditionally supports the Wind Energy Protection Tax Credit and will seek to convince legislators to pass the measure," Audubon Society Sr. Vice President Dan Beard said in a statement. That's just from the first two of PROLIFE's article. I certainly wouldn't want to overwork you.
And there's still a point you DON'T WANT TO TOUCH: Pay-To-Play still had no business getting the state involved. |