| − | In July 1997, Enron CEO Ken Lay met with President Bill Clinton and Vice President [[Al Gore]] in the [[Oval Office]]. Enron had begun a pattern of [[soft money]] donations to Democrats and the Clinton White House years earlier. Clinton, Lay, and Gore discussed approval of the [[Kyoto protocol]]s on carbon emissions.<ref>[http://www.washingtontimes.com/news/2002/jan/16/20020116-034901-2826r/#ixzz2OnPBZwzl Enron gave cash to Democrats, sought pact help,] ''The Washington Times'', January 16, 2002. </ref> Clinton asked Lay for his views "in advance of a climate treaty to be negotiated at an international conference" Clinton agreed to support Lay's policy of an emissions-trading system from which Enron hoped to profit hugely while American consumers paid 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]]. Enron had begun a pattern of [[soft money]] donations to Democrats and the Clinton White House years earlier. Clinton, Lay, and Gore discussed approval of the [[Kyoto protocol]]s on carbon emissions.<ref>[http://www.washingtontimes.com/news/2002/jan/16/20020116-034901-2826r/#ixzz2OnPBZwzl Enron gave cash to Democrats, sought pact help,] ''The Washington Times'', January 16, 2002. </ref> Clinton asked Lay for his views "in advance of a climate treaty to be negotiated at an international conference." Clinton agreed to support Lay's proposal of a carbon emissions trading system which Enron hoped to profit hugely, while American consumers would 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. |