Thursday, June 12, 2008

Cap-and-trade good biz: Enron

IS THAT ENOUGH TO FRIGHTEN YOU?

Excerpt:
That Enron's fraudsters, financial backers of many Democrats as well as Republicans, smelled a way early on to cash in on carbon trading and Kyoto doesn't of itself discredit these ideas.

But you'd think it would give our green-happy politicians pause. It does illustrate, as Horner notes,

"that the debate is not greens versus business, but quite often greens and business versus consumers and the economy."

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