Search Results for: "Enron, wind power"
Relevance | DateRemembering When Enron Saved the U.S. Wind Industry (Best of MasterResource)
By Roger Donway -- September 4, 2010 15 Comments[Editor Note: This post by Robert Bradley Jr. from January 19th documents a fact that American Wind Energy Association might not want to know. If the American public understands why windpower is and must be government dependent to exist as an industry, and if the public knows about industrial wind’s Enron roots, then the same public might just say: ‘let’s take our energy back’.]
January 7, 1997, some 13 years ago, was one of the worst days in my 16-year career at Enron. Enron had already entered into the solar business (1994) in partnership with Amoco (Solarex), and the U.S. wind industry was on its back. Zond Corporation was struggling, and rival Kenetech had recently suspended its dividend and was on the way to bankruptcy. Enron bought Zond on this day and renamed it Enron Wind Company.…
Continue ReadingBP Fools the “Socially Responsible” Investors (‘Green’ Enron did too)
By Robert Bradley Jr. -- July 20, 2010 3 Comments“The BP incident highlights big differences in how socially responsible funds prioritize various causes. Some of these managers considered BP’s stance on climate change a strong positive. ‘BP was the first to break the logjam on climate change policy’ and had been a leader on alternative energy, says Mark Regier, director of stewardship investing for MMA Praxis.”
– Quoted in Eleanor Laise, “Oops: ‘Socially Responsible’ Funds Hold Big Stakes of BP,” Wall Street Journal, July 17–18, 2010.
The greenwashing strategy of BP and Enron has been the subject of three recent posts at MasterResource:
Don’t believe that “Beyond Petroleum” BP fooled the politically correct after Enron and even all the way up to the Deepwater Horizon explosion/Gulf spill of April 2010?…
Continue ReadingThey Loved BP and Enron: Climate Alarmism as the Great Environmental Distraction (Part I: Worldwatch Institute quotations)
By Robert Bradley Jr. -- June 28, 2010 12 Comments[Editor note: Part II in this three-part series delves into the reasons that BP tried to rebrand itself as “beyond petroleum.” Part III examines a Harvard Business Review article linking BP’s ‘beyond petroleum’ strategy to special government favor, including drilling on government domain.]
“A growing number of corporations are moving beyond denial to acceptance and action on climate change, some seeking competitive advantage by anticipating rather than responding to future policy changes.”
– Seth Dunn and Christopher Flavin, “Moving the Climate Change Agenda Forward.” In State of the World 2002 (New York: W. W. Norton, 2002), p. 25.
Just imagine if John Browne had used the time and resources BP spent on climate alarmism and ‘beyond petroleum’ on real safety and environmental issues.
BP might still have a capitalization of $150 billion and not face a potential worst-case scenario of bankruptcy and ruin.…
Continue ReadingPaul Gipe on Wind’s Ecological Problems Circa 1995: Worth Another Look?
By Robert Bradley Jr. -- June 3, 2010 6 Comments“Are environmentalists cooling to the sun, wind, and water—energy sources they have long touted as ecologically superior to oil, coal, and nuclear power? A report by the National Audubon Society, now attracting considerable attention in Washington, warns that ‘renewable’ energy sources are far from benign.
Observes one startled environmental consultant: ‘Symbolically, it’s like someone in the nuclear industry saying nukes are dangerous. . . . ‘
Some of the side effects the study identified: air and water pollution caused by converting plant matter into energy; urban sprawl from solar collectors, which are best suited to detached, single-family houses; depleted forests from wood burning; and increased chances of earthquakes from hydropower dams.”
– Staff Article, “The Graying of the Green Lobby,” Fortune, February 7, 1983, p. 22.
What happened to environmental criticism of earth-scaring renewable energy?…
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