Planet Gore

Pay to Play (So You Can Pay and Pay)

With the current outrage over apparent “pay-to-play” by some conservatives, it seemed timely to remind everyone about who invented cap-and-trade — which is the biggest pay-to-play scam in history — and how they pursued it, as detailed in a memo (excerpted below) that Ken Lay aide John Palmissano wrote to his boss at Enron, expressing the fact that their hard work had just paid off in Kyoto and that it was time to set the green groups they’d cultivated off on a well-financed campaign to now assign value to Enron’s windmill, solar panel, and credit-trading (with Goldman-Sachs) schemes:

– “This treaty [Kyoto] is exactly what I have been lobbying for.”

– “This agreement will be good for Enron stock!!”
– “Enron now has excellent credentials with many ‘green’ interests including Greenpeace, [World Wildlife Fund], [Natural Resources Defense Council], German Watch, the U.S. Climate Action Network, the European Climate Action Network, Ozone Action, WRI . . . ”
– “This position should be increasingly cultivated and capitalized on (monitized) [sic].”
– “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.”

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