Maybe I Should Just Title All My Posts "Whoops"

clipped from planetgore.nationalreview.com Tim Carney had a nice piece in the Examiner this morning on Lieberman-Warner's early history — as Enron's favorite bill. First, Enron was the leader in natural-gas pipelines. Greenhouse gas restrictions increase the price of coal and oil, driving up demand for natural gas and thus natural-gas pipelines. Also, Enron planned on becoming the leading broker in greenhouse gas allowances. Just as it had made riches trading natural gas contracts, Enron planned to become a carbon dioxide dealer — buying up allowances, lobbying to pocket free allowances from government, and then selling them off. Also — and this shows how these environmental laws can do little or nothing for the environment, while hurting consumers and profiting the companies with the biggest bottom line — Enron was building coal-fired power plants in Third World countries not covered by Kyoto; if America’s and Europe’s coal-fired plants had to shut down under greenhouse gas constraints, Enron would pay less for its coal.