A Free-Market Energy Blog

“THIS AGREEMENT WILL BE GOOD FOR ENRON STOCK!!” (1997 Kyoto memo)

By Robert Bradley Jr. -- December 12, 2025

Ed. Note: A Hall of Shame business memo turns 28 years old today. Dated December 12, 1997, it was written by Enron lobbyist John Palmisano in the afterglow of the Kyoto Protocol agreement.

“This agreement will be good for Enron stock!!” (-John Palmisano, Enron lobbyist)

Global green planners back in the 1990s were euphoric that somehowsomeway, the world had embarked on an irreversible course of climate control (and thus industrial and land-use control). But the Kyoto Protocol predictably failed, and with the Paris climate accord of 2015 teetering (COP30), the momentum has shifted toward climate and energy realism.

Palmisano’s on-the-ground 1997 memo cites the benefits for first-mover ‘green’ Enron. Enron, in fact, had no less than six profit centers tied to pricing carbon dioxide (CO2)–and seven if CO2 were capped and traded.…

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COP 30: Far Worse than COP 28 (Kalmus ignored)

By Robert Bradley Jr. -- December 11, 2025

“Where do we go from here? We need to start by agreeing that COP28, like other COPs, was a complete failure…. We’ve been doing this for 30 years now.”

“The problem is power…. extractive colonialist capitalism.” (Peter Kalmus, 2023)

Two years ago, climate scientist and uber-alarmist Peter Kalmus lashed out at the outcome of the United Nations’ annual climate conference. COP Out: Wrapping Up a Useless Climate Summit That Should Fool Nobody” is a suitable view for how little was accomplished then–and how the climate movement has spiraled backward in the face of energy and political realities.

Given the growing disparity between means and ends, and just a lot of political waste to show for it, is it time to dissolve the UN IPCC processes? Time for the climate alarmists to admit that the cure is worse for social justice, the living space, and freedom than the “problem” of global greening from carbon dioxide (CO2) enrichment?…

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COP30 (50,000 participants for what?)

By Robert Bradley Jr. -- December 10, 2025

“… has the entire ‘Climate Change’ and Net Zero agendas now moved far away from true environmentalism? And has it forgotten the true sustainability principles of ‘People, Planet and Profit’ to become primarily focussed on one ‘P’ (profit)?” ( – Adrian Hayes, below)

The transparent failure last month of COP30 has been acknowledged by the realists and downplayed by the hangers-on and funding-needy NGOs. Despite the futile, wasteful cause, plans for COP31 have begun.

But realism has become mainstream. And hard questions are being asked. Consider this from Adrian Hayes:

Trigger warning! I’ve spoken at a COP conference two years ago (COP28) and know there’s a lot of good stuff, and developing technology, that takes place on the fringes. But as COP30 finished last week in Brazil, it yet again caused an accusation of hypocrisy.…

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African Energy Chamber to G20: Fossil Fuel Future

By Robert Bradley Jr. -- December 9, 2025
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Affordability In, Renewables Out

By Robert Bradley Jr. -- December 8, 2025
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Energy & Environmental Review: December 8, 2025

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Jean Boissinot Goes Strange Post-COP30

By Robert Bradley Jr. -- December 4, 2025
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Solar Bankruptcy: Pine Gate Renewables (boom to bust continues)

By Robert Bradley Jr. -- December 3, 2025
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“Tax the Rich”: The Successor to Net Zero?

By Robert Bradley Jr. -- December 2, 2025
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Lisa Sachs (Columbia University): Energy Naivety while in Denial

By Robert Bradley Jr. -- December 1, 2025
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