Wednesday, December 15, 2010

Following the Global Warming Dollar


The plot by the "green" industry and political paybacks by key federal politicians is finally being exposed for what it is... a disgrace.

Daily Caller: By Chris Horner
Lessons from the global warming industry

Enron, joined by BP, invented the global warming industry. I know because I was in the room. This was during my storied three-week or so stint as Director of Federal Government Relations for Enron in the spring of 1997, back when Enron was everyone’s darling in Washington. It proved to be an eye-opening experience that didn’t last much beyond my expressing concern about this agenda of using the state to rob Peter, paying Paul, drawing Paul’s enthusiastic support.

In fact, this case was not entirely uncommon in that the entire enterprise was Paul’s idea to begin with. Which left me as the guy on the street corner muttering about this evil company cooking up money-making charades, to nothing but rolled eyes until the, ah, unpleasantness and the opportunity it afforded to take a few gratuitous swings at George W. Bush. Buy me a beer and I will regale you with tales of reporters from Newsweek and the Washington Post desperately seeking assistance to spin, respectively, Enron as having urged Bush away from the Kyoto agenda as opposed to having crafted it, and Enron’s global warming activism as its one redeeming feature.

The basic truth is that Enron, joined by other “rent-seeking” industries — making one’s fortune from policy favors from buddies in government, the cultivation of whom was a key business strategy — cobbled their business plan around “global warming.” Enron bought, on the cheap of course, the world’s largest windmill company (now GE Wind) and the world’s second-largest solar panel interest (now BP) to join Enron’s natural gas pipeline network, which was the second largest in the world. The former two can only make money under a system of massive mandates and subsidies (and taxes to pay for them); the latter would prosper spectacularly if the war on coal succeeded.

Enron then engaged green groups to scare people toward accepting those policies. That is what is known as a Baptist and bootlegger coalition. I sat in on such meetings. Disgraceful....

Go read the entire article... but be warned... you will be hopping mad at the corruption in high places... and some of the criminals are still in office.

These revelations are worthy of impeachment.

xtnyoda, shalomed

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