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Exxonmobil has long been seen as the leading bad boy of backers of climate change deniers. Yet a Greenpeace report now suggests that dubious "honour" should now go to little known, but wealthy, Koch Industries.
From Greenpeace info:
Quote:If you thought Exxon was bad, take a look at these guys:Charles and David have a vested interest in preventing climate action: they’ve made billions from Koch Industries, an oil and manufacturing giant that is the second largest privately-held company in America with tentacles extending around the globe. It’s time more people were aware of the brothers Koch and just what they’re up to.
The Greenpeace report “Koch Industries: Secretly Funding the Climate Denial Machine” reveals the connections between the Koch family, their employees, and a global network of ‘front groups’ engaged in trying to sabotage climate science.
Download the whole report as a PDF to check out how the Kochs use their cash to block solutions to climate change. The interactive version shows who Koch money is going to, and has more information on how it is used to muddy the debate and prevent climate action.
Key front groups take Koch cash and do their dirty work
From 1997 to 2008, the Kochs funneled more than US$48.5 million to organisations aligned with the Kochs’ agenda, while presenting themselves as ‘experts’. If you were outraged that ExxonMobil spent US$24 million in the same period, then these guys should make you twice as mad.
The Independent reports:
Quote:A secretive funding organisation in the United States that guarantees anonymity for its billionaire donors has emerged as a major operator in the climate "counter movement" to undermine the science of global warming, The Independent has learnt.
The Donors Trust, along with its sister group Donors Capital Fund, based in Alexandria, Virginia, is funnelling millions of dollars into the effort to cast doubt on climate change without revealing the identities of its wealthy backers or that they have links to the fossil fuel industry.
However, an audit trail reveals that Donors is being indirectly supported by the American billionaire Charles Koch who, with his brother David, jointly owns a majority stake in Koch Industries, a large oil, gas and chemicals conglomerate based in Kansas.
Millions of dollars has been paid to Donors through a third-party organisation, called the Knowledge and Progress Fund, with is operated by the Koch family but does not advertise its Koch connections.
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Exclusive: Billionaires secretly fund attacks on climate science
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