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Still, even slow progress would bring meaningful carbon savings, said Mr. King, of the heat and power trade group.
Where exactly is the big problem here anyway, given how little bargaining power trade unions have with so much slack in the economy?
He already has 46 gatherings booked for 2002, including eight weddings, several events for Johns Hopkins University, a nursing association and an electric power trade group.
The questions about the August power trade could prove to be another serious setback for El Paso, a company that has stumbled badly since Enron's collapse last December.
Francisco Sanchez, the under secretary of commerce for international trade, has just flown to Beijing for a visit to discuss civilian nuclear power trade issues, people with a detailed knowledge of his visit said.
Hoping to avoid a restatement of its first-quarter earnings, the El Paso Corporation entered into a questionable power trade in August with Morgan Stanley, one of its Wall Street investment bankers, according to people who have examined the transaction.
Similar(44)
Both firms also hope to cash in on the growth in power trading.
The company accounted for 15-20% of gas and power trading in the region.
Enron's renown was built on its sprawling natural gas and power trading division.
The Power traded the Chinese international GAO HONG to Washington in the off-season.
Prosecutors say Mr. Belden is cooperating with investigations of the power trading companies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com