Sunday, May 31, 2009

Enron's Global Warming Secrets

From The Financial Post:

"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.


Some of the climate-change profiteers are relatively unknown corporations; others are household names with only their behind-the-scenes role in the climate-change industry unknown. Over the next few weeks, in an extended newspaper series, you will become familiar with some of the profiteers, and with their machinations. This series begins with Enron, a pioneer in the climate-change industry."

SmallDeadAnimals links to the Financial Post where Lawrence Solomon begins a new series on following the surprising - and alarming - trail of global warming money.

Among the more stunning revelations:
James Hansen worked for Enron.

"The groundwork had been laid well, not least by entering into relationships with scientists who, Enron expected, would further its cause (James Hansen, the scientist who more than any other is responsible for bringing the possibility of climate-change catastrophe to the public, was among the scientists Enron commissioned). Just as shrewdly, Enron saw the importance in silencing the scientists who didn’t accept the alarmism that had driven the Kyoto Protocol. In a 1998 letter, Enron CEO Ken Lay, among others, asked president Clinton to appoint a bi-partisan “Blue-Ribbon Commission” designed to pronounce on the science and, in effect, marginalize the skeptics."

And read this too. The British approach to capitalizing on global warming fears was equally Machiavellian.