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Remembering 'Green' Enron (Part II: Corporate Social Responsibility)

By Robert Bradley Jr. -- December 2, 2011

[Ed. note: This week marks the 10th anniversary of Enron’s bankruptcy filing (December 2, 2001). Enron’s view of energy sustainability drives the Obama Administration today. Yesterday, this series looked at Enron’s Kyoto moment.]

In the fall of 2001, Ken Lay set the tone for what would be Enron’s last Environmental, Health, and Safety Management Conference:

We believe that incorporating environmental and social considerations into the way we manage risk, govern our projects, and develop products and services will help us maintain our competitive advantage. As we move forward, we will leverage our intellectual capital and innovative capabilities to promote sustainable business practices around the world.

At this meeting, Enron’s Corporate Social Responsibility (CSR) task force listed its “Accomplishments to Date,” which were:

  • Secured board oversight of social/environmental performance
  • Expressed support for Universal Declaration of Human Rights
  • Completed corporate responsibility task force
  • Developed and pilot-tested human rights audit
  • Developed security and human rights guidelines
  • Established formal partnerships with WBCSD [World Business Council on Sustainable Development], IBLF [International Business Leaders Forum], and CI [Conservation International]
  • Identified language to strengthen code of ethics
  • Providing project support—Calypso, Transredes, Dabhol and Cuiabá
  • Responding to stakeholder concerns on an ongoing basis

The goals for 2002 included:

  • Formally adopt CERES Principles
  • Complete indigenous peoples’ policy
  • Specify social/environmental expectations in formal relationships with vendors and contractors
  • Review results of stakeholder survey and develop strategy to address outcome
  • Create awareness of social/environmental trends among [Enron’s] origination and investment groups
  • Add corporate responsibility performance attribute to PRC [Performance Review Committee] process
  • Present task force recommendations to Dr.

Remembering ‘Green’ Enron (Part I: The Kyoto Moment)

By Robert Bradley Jr. -- December 1, 2011

[Ed. note: This week marks the 10th anniversary of Enron’s bankruptcy filing (December 2, 2001). Enron’s view of energy sustainability drives the Obama Administration’s “green ‘dream’ team” today, so such a look back at Enron’s crony capitalism is merited.]

Beginning in the late 1980s, global warming became a bread-and-butter issue for Ken Lay, Enron’s leader and up-and-coming industry visionary. Enron in the 1990s became a full-fledged “green” company, practicing “energy sustainability” with its investments in solar power, wind power, energy-efficiency services, and environmental services.

No U.S.-based company sounded the tocsin over climate change more than Enron. What John Browne did as head of the international energy major BP, Ken Lay did in the United States, working with interest groups and political leaders to push the energy industry and public toward carbon dioxide (CO2) regulation.…

Gerald North on Climate Modeling Revisited (re Climategate 2.0)

By Robert Bradley Jr. -- November 30, 2011

 “If the models are as flawed as critics say … you have to ask yourself, ‘How come they work?’”

– Gavin Schmidt [NASA], quoted in David Fahrenhold, “Scientists’ Use of Computer Models to Predict Climate Change is Under Attack,” Washington Post, April 6, 2010.

 “[Model results] could also be sociological: getting the socially acceptable answer.”

 – Gerald North (Texas A&M) to Rob Bradley (Enron), June 20, 1998.

 The above quotation by NASA climate scientist Gavin Schmidt suggests that quite remarkable progress has been made with climate models in recent years. Such must be the case given the verdict by leading climate scientists that climate models were not nearly ready for prime time just a decade ago.

But what do climate scientists really believe behind closed doors? Will they no longer express their innermost thoughts in emails or in fear that ‘the cause’ of climate alarm/forced energy transformation will be compromised?

Climategate 1.0/2.0 Did Not Begin With Climate: Revisiting Neo-Malthusian Intolerance

By Robert Bradley Jr. -- November 29, 2011

Chevron CEO: "The Imperative of Affordable Energy" (Moral substance trumps 'green' form)

By Robert Bradley Jr. -- November 25, 2011

"No New Energy Subsidies: Oppose NAT GAS Act!" (free market voices rise up against tax-code politicking)

By Robert Bradley Jr. -- November 22, 2011

Robert Bryce Challenges Energy Statism (real energy for real people)

By Robert Bradley Jr. -- November 21, 2011

ECONOMIST Debate on Renewable Energy (Part III: Fossil Fuels Triumphant)

By Robert Bradley Jr. -- November 16, 2011

Rent-Seeker Glee: It Did Not Begin with Solyndra (remembering Enron's triumphant Kyoto Memo)

By Robert Bradley Jr. -- November 14, 2011

ECONOMIST Debate on Renewable Energy (Part II: Climate Alarmism vs. the Environment)

By Robert Bradley Jr. -- November 11, 2011