From the May 2008 edition of BayouVixen E-Magazine:
The Enron scandal has widely been attributed by the general public and the mainstream news media to lax ethics encouraged by the Bush Administration and the result of too many years of Republican leadership in Congress.
Yet it was under the leadership of a Democratic President that Enron began its greatest swindle of the public – and it’s a swindle which is still being perpetuated today, with the full cooperation of the nation’s news media, entertainment industry and, unfortunately, its leading politicians.
The swindle? Man-Made Global Warming.
Man-made global warming is a hoax, created by Enron as a way to cash in on the development of “green” technologies and picked up on by those who Enron persuaded to take up the cause before its demise.
At the heart of the whole global warming issue is the greed of a very few people who are already filthy rich and intend to get richer – old-money Europeans, new-money Americans and ruthless politicians seeking unlimited power.
The global warming issue arose after Enron made huge investments – buying the world’s largest wind-power generator company, GE Wind, from General Electric, and the world’s largest solar-power generation company in partnership with Amoco (now British Petroleum/BP-Amoco).
With so much invested in that new “green” technology, Enron needed a market for it – and an urgency in the public mind to make the change from fossil fuel to its “environmentally responsible” resources.
“In the early 1990s Enron had helped establish the market for, and became the major trader in, EPA’s $20 billion-per-year sulphur dioxide cap-and-trade program, the forerunner of today’s proposed carbon credit trade. This commodity exchange of emission allowances caused Enron’s stock to rapidly rise,” reports Investigate Magazine’s Ken Ring. “Then came the inevitable question, what next? How about a carbon dioxide cap-and-trade program? The problem was that CO2 is not a pollutant, and therefore the EPA had no authority to cap its emission.”
Ring reports that Enron successfully lobbied the Clinton White House, in particular Vice President Al Gore, who “almost immediately became infatuated with the idea of an international environmental regulatory regime.”
With its foot in the door legislatively, Enron turned its money loose on changing the “need” for “green technology.” The company lavished nearly $1 million on the Nature Conservancy’s Climate Change Project, which promotes global-warming theory, and dropped another $1.5 million on environmental groups around the world to spread the word that global warming was real and that man was the culprit.
“Enron then started to finance everything related to the global warming hype, including grants to scientists – but asking for results favorable to their interest – ‘proof’ that humans were responsible for the excessive emissions of CO2 through fossil fuel burning. The fire of malaise, now lit and kindled, only required feeding,” Ring writes.
As Enron-funded scientists began releasing disturbing reports of the immediate crisis of global warming, their friends in the Clinton Administration got the ball rolling on the Kyoto Treaty.
Criticized by Democrats for being so close to the Bush Administration, NewsMax.com’s Phil Brennan reported in 2002 that Enron actually was a major player on the other side of the political aisle as well: “(Enron) gave a cool $420,000 to Democrats when the corporation was desperate to get the Clinton administration’s help in having the potentially disastrous Kyoto treaty made the law of the land …Senate ratification of the treaty, which foes explained would have cost the U.S. billions and had a deadly effect on the U.S. economy, would have been a bonanza for Enron.”
Washington Times reporter Jerry Seper revealed an internal 1997 memo from Enron executive John Palmisano saying the Kyoto Treaty would be “good for Enron stock!!”
Seper reported: “”The memo said the Kyoto treaty - later signed by Mr. Clinton and leaders of 166 other countries, but never ratified by the Senate - ‘would do more to promote Enron’s business than will almost any other regulatory initiative outside of restructuring the energy and natural gas industries in Europe and the United States.’”
Brennan’s 2002 report notes that “During a White House meeting in July 1997, Enron Chairman Kenneth L. Lay prodded Clinton and Gore to support a ‘market-based’ approach to what he described as the problem of ‘global warming,’ a theory discredited by a majority of the world’s climatologists.”
“As the movement to establish the Kyoto Protocol developed momentum, it was necessary for Ken Lay to build up alliances with the green movement including Greenpeace,” Ring’s report notes. “A 1998 letter, signed by Lay and a few other bigwigs asked President Clinton, in essence, to harm the reputations and credibility of scientists who argued that global warming was an overblown issue, because these individuals were standing in Enron’s way. The letter, dated Sept. 1, asked the president to shut off the public scientific debate on global warming, which continues to this date. In particular, it requested Clinton to moderate the political aspects of this discussion by appointing a bipartisan Blue Ribbon Commission. The purpose of this commission was clear – high-level trashing of dissident scientists.”
Unfortunately, science didn’t back up Enron. The company’s own internal study of global warming science turned out to be largely in agreement with the same scientists that Enron was trying to shut up. The report concluded: “The very real possibility is that the great climate alarm could be a false alarm. The anthropogenic warming could well be less than thought and favorably distributed.”
The U.S. Senate voted to reject the treaty 95-0, and some analysts now speculate that vote is what created the atmosphere which led to Enron’s eventual collapse.
Nonetheless, its cause was taken up by those who picked up the pieces – Gore in particular. Gore formed an investment group to publicize the case for global warming and the need for trading in “carbon credits,” and stands to make billions of dollars if his proposals become law.
Nonetheless, the public in general remains convinced that man-created global warming is real – thanks to the news media and Hollywood, which have adopted the cause as gospel fact despite almost-daily scientific studies which now indicate otherwise.