Gore Denies that Ken Lay, Goldman Sachs CEOs Helped Develop C02 T
After insisting once again that there is a consensus on man-made global warming (while paradoxically comparing those not in consensus with those who deny the moon landing), Al Gore obfuscates, downplays and refuses to discuss the role that CEOs have played in crafting his Cap-and-Trade C02 trading schemes and carbon swapping systems.
Al Gore tries to put a lid in Congressional committee testimony on a little reported but vitally important subject in the global warming, carbon-tax ‘debate’– the new derivatives bubble in the emerging green-energy credit-swap market.
Rep. Scalise and others try to turn focus on the huge financial burden that will be pinned on American taxpayers and U.S. industry. Scalise claims that President Obama has already scheduled in his budget an estimated $650 billion that would be generated under the carbon taxes proposed in the bill.
The point from Rep. Scalise that is gaveled over by the chairman and stuttered-over by Gore is that many of the Congressmen are ‘concerned about turning over our energy economy over to firms like Enron and some of these Wall Street firms that wrecked out financial economy.’
Fmr. Vice President Al Gore denies that Ken Lay and other CEOs developed carbon scheme: "I didn’t know him well enough to call him ‘Kenny-boy’."