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Oil conglomerate 'secretly funds climate change deniers' (Koch Ind.)

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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 10:15 AM
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Oil conglomerate 'secretly funds climate change deniers' (Koch Ind.)

http://www.telegraph.co.uk/earth/environment/climatechange/7538934/Oil-conglomerate-secretly-funds-climate-change-deniers.html


An oil conglomerate has allegedly spent nearly £16.5 million ($25 million) on campaigns to discredit climate change and clean energy policies, according to a new report.


Koch Industries, which is owned and run by two Kansas-based brothers and has substantial oil and chemicals interests, spent the sum between 2005 and 2008 to finance "organisations of the 'climate denial machine'", claims the environmental campaign group Greenpeace.

Despite the relatively small size of the conglomerate, the sum is three times that spent by ExxonMobil, the western world's biggest oil company, in the same period.

-snip-

The brothers share 24th place in Forbes magazine's latest list of the world's richest people, controlling America's second-biggest private company from their base in Wichita.

In all, their more than 20 companies employ 70,000 people in 60 countries and earn $100 billion in annual sales.

(we have to get those 70,000 people working on solar/wind and away from Koch)

-snip-

Greenpeace, which described Koch as the "financial kingpin of climate change denial and clean energy opposition", supplied a list of 35 organisations and 21 politicians - 17 Republicans and four Democrats - who it claimed received money, either directly or indirectly, from Koch or foundations it had set up.

They include the Cato Institute, a conservative think-tank, and Americans for Prosperity, a free-market campaign group.
-snip-
---------------------------------


and I hope to never see any Cato people at Wash. Journal's table again
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Lost4words Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 10:18 AM
Response to Original message
1. where do you think the term "Koch the books" came from?
:silly:
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