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From Ecopedia
Overview
Enron Corporation was a US-based energy company with headquarters located in Downtown Houston, in Texas. Before Enron’s bankruptcy in 2001, the company was a leading provider of electricity, energy, and consumer goods. Enron managed to trade in over 30 different products which included oil & LNG Transportation, power, pulp and paper, and natural gas. With a total workforce of over 22,000, Enron recorded revenues of as high as $101 billion (2000 figures).[1]
Enron oil and gas Company was formed as a result of previous InterNorth operations along with HNG, which included Nortex Oil & Gas, HNG Oil Company, Florida Petroleum Company and Belco Petroleum Company.[2]
Environmental Information
Achievements
In recognition of Enron’s commitment to the environment, the Council on Economic Priorities in 1996 bestowed the company with the Corporate Conscience Award for Environmental Stewardship. The Energy report, 1998, states that Enron Wind, involved in power generation using wind power, sells Enron electric power to an environment-friendly company, Patagonia, Inc based in California.
Environmental Disasters
In collaboration with Shell and Transredes, Enron undertook the construction of a 390 mile oil pipeline in Bolivia. The pipeline construction cropped up several environmental problems to local communities of the region. Local water contamination, air and soil pollution as well as degradation of nearby roads are caused due to the pipeline construction.
In 2000 in particular, the Bolivian pipeline ruptured spilling 29,000 barrels of petroleum. The oil spill caused heavy contamination of several hundred acres of organic farmland, besides killing birds and fish in the lake Poopo of Andes and destructing the livelihood of the ancient Uru Morato tribal population.
In a clean-up activity running into $10-million investment so far, Enron collaborated with Transredes, Enron’s Bolivian partner to clean up the oil-spilled waters.[3]
