In July 1997, Enron CEO Ken Lay met with President Bill Clinton and Vice President [[Al Gore]] in the [[Oval Office]]. Clinton, Lay, and Gore discussed approval of the Kyoto treaty on carbon emissions. Lay told Enron employees Bill Clinton solicited Lay's views "in advance of a climate treaty to be negotiated at an international conference" And Lay said Clinton agreed to support Lay's policy of an emissions-trading system from which Enron plans to profit hugely while American consumers pay steep price increases for electricity and natural gas.
+
In July 1997, Enron CEO Ken Lay met with President Bill Clinton and Vice President [[Al Gore]] in the [[Oval Office]]. Clinton, Lay, and Gore discussed approval of the [[Kyoto protocol]]s on carbon emissions. Lay told Enron employees Bill Clinton solicited Lay's views "in advance of a climate treaty to be negotiated at an international conference" And Lay said Clinton agreed to support Lay's policy of an emissions-trading system from which Enron plans to profit hugely while American consumers pay steep price increases for electricity and natural gas.
The Republican Senate rejected the Kyoto treaty by a 95-to-0 vote on August 15, 1997.
The Republican Senate rejected the Kyoto treaty by a 95-to-0 vote on August 15, 1997.