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News :: Environment

ENMOD + ENRON

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ENVIRONMENTAL MODIFICATION (ENMOD) -- The Key To GM Foods, WEIRD WEATHER, TIA, and MORE---Read below how government co-opted Environmental Modification through the ENRON Scandal (Thats RIGHT! ENRON Scandal) in order to incorporate radiant weaponry within a recently instituted (last 5 years) GLOBAL SYSTEM of Electronic Control.....ENRON AND WEATHER CONTROL....
For the most part these are old articles...i got the lead from an article i pulled off clifford carnicoms site, its after these links, somebody posted it without a link a while ago, 01/03, it bears reading all the way. It obviously is from the time before the big ENRON went kaput. I bet it had quite a lot to do with the big ENRON going kaput, if truth be known....if the Chemtrail technology could just be coopted, co-opted for surveillance (TIA-DARPA), and other nefarious uses like mass mind alteration, because of, let us say, something like TERROR, then it is not beyond the realm of possibility that ENRON got shut down to hide all this, and your retirement funds be damned.....there were many small-fry weather control companys like Dyn-O-Mat (Boca Raton) feeding off this lopsided insurance, guaranteeing enron or whoever certain weather factors for a price...even being small fry the ops were big bux and a lot of the early stuff went down in Clintons time....I think the initial spraying experiments by these weather companys was a success, meaning nobody squawked, and then way was made to deploy the control technology which govt has been developing now for 5 decades or more....http://www.derivativesstrategy.com/magazine/archive/1998/0598fea1.asp......http://www.themanagementor.com/kuniverse/kmailers_universe/finance_kmailers/IF_Weather.htm.......http://www.financewise.com/public/edit/energy/weather99/wthr99-newangles.htm......http://www.financewise.com/public/edit/energy/weatherrisk/wthr-derivatives.htm.....http://papers.ssrn.com/sol3/papers.cfm?abstract_id=274195


The hype over weather derivatives is being replaced by real deals, and everybody’s scrambling for position. The viewership of the Weather Channel has always skewed decidedly toward the nerdy. But if the lightning-fast development of the weather derivatives market is any indication, before long the ratings-challenged cable channel could reach a whole new audience financial players around the world who have suddenly become obsessed with occluded fronts, La Niña and other weather arcana that for years had been the exclusive province of people with backyard barometers. While derivatives historians may quibble over the precise date of the first weather contract some say July 1997, while others say August of that year everyone in the weather business agrees that the market hit the ground running. There has been an explosion of deals in the marketplace and a tremendous amount of interest on the client side, says Richard Turrin of Paribas’ strategic derivatives group. The industry has seen the birth of a new market in the last year to 18 months, and in the last six months the growth has been exponential. Houston-based energy giant Enron estimates that between 900 and 1,000 transactions have taken place to date, with the notional value of those deals exceeding $1.5 billion. Kansas City, Mo.-based Aquila, the unregulated marketing and trading arm of Utilicorp, puts that figure closer to 1,200. While energy firms are still the most active in the weather business, other industries are getting into the game as well. Enron has already acted as counterparty in deals with manufacturers of snowmobiles and snowblowers, the film industry and the fertilizer industry, and has fielded inquiries from theme parks, golf courses, sports-drink makers, car washes and ski resorts. Aquila boasts transactions with salt producers, ski resorts and other entertainment companies. In addition to the relatively commonplace degree-day deals, says Enron’s Lynda Clemmons, a director at the firm, she has been approached by companies interested in rainfall, snowfall and even barometric pressure contracts.
******* Weather derivatives allow companies to control the effects of the weather on demand for their products. Here are some of the most popular structures.*******
TEMPERATURE CONTRACTS
A degree day is the deviation of a day’s average temperature from 65 degrees Fahrenheit. In the summertime, the demand for energy increases with every degree above 65; in the winter, the demand for heat increases for every degree day below 65. There are a number of degree-day products available to energy producers. In most, payment is made for every degree day above or below the strike, with a maximum payout that can range from $500,000 to $5 million or more...
 
 
 

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