The cozy corporate-climate relationship was pioneered by Enron, which bought up renewable energy companies and credit-trading outfits while boasting of its relationship with green interest groups. When the Kyoto Protocol was signed, an internal memo was sent within Enron that stated, “If implemented, [the Kyoto Protocol] will do more to promote Enron’s business than almost any other regulatory business.”
[Aside: As James Taranto frequently reminds his readers, Paul Krugman is a “former Enron adviser.” That shouldn’t surprise anyone.]
a politician, a campaigner and the chair of a green private-equity firm invested in products that a climate-scared world would buy.
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