A Free-Market Energy Blog

Enron and Waxman-Markey: Response to Joe Romm

By Robert Bradley Jr. -- July 2, 2009

Enron Lives! in Waxman-Markey. The sooner the public, media, and intelligentsia realize this, the faster cap-and-trade can be put in the dustbin of bad ideas.”

Cap-and-Trade: The Temple of Enron, MasterResource, May 14, 2009.

Joseph Romm holds a Ph.D. (in physics) from MIT and works for a 501(c)3 foundation. Being highly educated and in the education business, to most of us, means being careful and fair in our arguments–and avoiding reckless ad hominem argument. But not so with Joe as evidenced by his very inaccurate recent post against me.

In “George Will and WattsUpWithThat embrace a proud former shill for a man convicted on fraud and conspiracy charges,” Romm argues that I must be corrupt because of my former association with Enron and Ken Lay–and thus George Will and the mega-site WattsUpWithThat are party to corruption too.

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The Enron Revitalization Act of 2009 (from the Kyoto Protocol to Waxman-Markey)

By Robert Bradley Jr. -- July 1, 2009

“This agreement will be good for Enron stock!!”

– John Palmisano, “Implications of the Climate Change Agreement in Kyoto & What Transpired” (1997)

The 219–212 passage of HR 2454 inspires another look at Enron’s infamous “Kyoto memo,” written almost 13 years ago by company lobbyist John Palmisano. Indeed, an Enron memo upon House passage of the Waxman-Markey climate bill would have been similar! Change the dates and some other specifics and the bottom line would be the same–potential gains for Enron’s profit centers in wind, solar, CO2-emissions trading, energy outsourcing, and natural gas.

One can imagine a quotation like this from Enron’s fabled public relations department, hyperbolizing a half-victory into something bigger in the attempt to create a bandwagon effect:

“This historic vote was heard ’round the world,” stated Kenneth L. 

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Krugman Crashes on Climate Change

By Chip Knappenberger -- June 30, 2009

 “Yes, you read that correctly. Paul Krugman, a Nobel Laureate, writing in America’s paper of record, just accused nearly half of the House of Representatives, including both Republicans and Democrats, as guilty of treason against the very planet—along, presumably with the many thousands of scientists, policy analysts, economists, and environmentalists who have raised objections to the Waxman-Markey energy bill.”

– Ken Green, “Is Paul Krugman Inciting Violence?” The Enterprise Blog, June 29, 2009

New York Times op-ed columnist Paul Krugman recently praised the passage of the Waxman-Markey climate change bill by the House of Representatives as a “remarkable achievement.” But rather than just congratulte House members voting aye, Krugman disparaged the nays as having undertaken “treason against the planet” for choosing “willfully, to ignore that threat [from climate change], placing future generations of Americans in grave danger, simply because it’s in their political interest to pretend that there’s nothing to worry about.”…

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Why Waxman-Markey Is Not A Climate Bill

By Chip Knappenberger -- June 29, 2009
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Houston Chronicle’s Loren Steffy on Waxman-Markey (can this straight shooter be added to the newspaper’s editorial board?)

By Robert Bradley Jr. -- June 27, 2009
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Perversities of Whackman-Malarkey

By Kenneth P. Green -- June 26, 2009
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Market Conservation vs. Government Conservationism: Understanding the Limits to Energy Efficiency and ‘New-Economy’ ESCOs

By Robert Bradley Jr. -- June 25, 2009
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“Green” China: Big PR vs. King Coal (move over dung, primitive biomass, and Waxman-Markey)

By Donald Hertzmark -- June 24, 2009
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Left Pushback on Waxman-Markey: Is It Time to Start Over?

By Robert Bradley Jr. -- June 23, 2009
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U.S. Gas Resources: Julian Simon Lives! (Malthus, Hotelling, Hubbert are wrong again)

By -- June 22, 2009
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