KOCH INDUSTRIES = Climate "Skepticism" + Too Much Money
When talking about climate change skeptics, global warming deniers and other wrong-doers who try effectively to stall a good policy for saving the planet, one also has to take into account one question: where is the money from? During the research for my final thesis, I came across a number of names, but one was standing out: Koch.
“Most Americans have never heard of Koch Industries, one of the largest private corporations in the country, because it has no Koch-branded consumer products, sells no shares on the stock market and has few of the disclosure requirements of a public company. Although Koch intentionally stays out of the public eye, it is now playing a quiet but dominant role in a high-profile national policy debate on global warming.” (Greenpeace)
The Koch Family, mainly the brothers Charles and David, are running this 85bn dollar-a-year corporation which is the second largest company in the world, that is not on a stock market. It grew from different oil-companies in the middle of the century. The related Koch Family Foundations is “one of the largest single sources of funding for conservative organizations in the United States” and run by the two co-owners of Koch Industries. David Koch is chairman of the Americans for Prosperity (AFP) Foundation, a 501(c) organization (The name originates from their nonprofit and tax-exempt status following section 501(c) of the United States Internal Revenue Code) another right-wing lobby organization that funds skeptics and makes Anti-Obama propaganda.
Greenpeace has published a report on Koch which I advise you to have a look at. Here is a summary:
“Executive summary: Koch Industries has become a financial kingpin of climate science denial and clean energy opposition. This private, out-of-sight corporation is now a partner to ExxonMobil, the American Petroleum Institute and other donors that support organizations and front-groups opposing progressive clean energy and climate policy. In fact, Koch has out-spent ExxonMobil in funding these groups in recent years. From 2005 to 2008, ExxonMobil spent $8.9 million while the Koch Industries-controlled foundations contributed $24.9 million in funding to organizations of the ‘climate denial machine’.
This report focuses on activities by Koch Industries and its affiliates, as well as the family—and company—controlled foundations which fund organizations that spread inaccurate and misleading information about climate science and clean energy policies. Included is research on the company and the Koch brothers, two of the top ten richest people in the United States.”
UPDATE: A long article in The New Yorker: here.