ThinkProgress Logo

Stories tagged with “Koch Industries

Climate Progress

Obama Ties Mitt Romney To Greedy Big Oil’s Gas-Price Attacks

The Obama campaign is acting as if it is already in a general-election fight, against a Big Oil-Mitt Romney ticket. In a new ad, President Barack Obama attacks “big oil” and Mitt Romney, pushing back against oil-industry campaign ads that accuse Obama of raising gas prices. The front group American Energy Alliance, secretly funded by Koch Industries and other oil giants, is running a $3.6 million ad campaign that criticizes Obama policies that don’t favor the oil-industry agenda. Oil companies have been profiting from American suffering at the gas pump, but they believe they would do even better under a Romney presidency, the new Obama ad argues:

Under President Obama, domestic oil production’s at an eight-year high. So why is Big Oil attacking him? Because he’s fighting to end their tax breaks. He’s raising mileage standards, and doubling renewable energy. In all these fights, Mitt Romney stood with Big Oil, for their tax breaks, attacking higher mileage standards and renewables. So when you see this ad, remember who paid for it and what they want.

Because of Citizens United, the spending by Koch-funded front groups on this election is practically unlimited, especially as the oil industry pulls in $200 million more every time the price of gas goes up a penny.

Climate Progress

How The Kochs Are Fracking America

At the Republic Report, Lee Fang details how the Koch Industries petrochemical empire is involved in the boom in natural gas hydrofracturing. The right-wing Koch brothers have developed a vertical empire designed to extract wealth from every point in the hydrocarbon lifecycle. A small fraction of their profits is funneled into corrupting our political system, in order to prevent government from protecting society against the costs of the waste products.

The October 2011 issue of Discovery, the in-house Koch Industries newsletter, explains how the Koch Industries empire is profiting from the “really exciting” fracking boom:

– 1. Koch Pipeline is partnering with NuStar Energy to develop a dormant pipeline from Pettus, TX to refineries in Corpus Christi. The pipeline will transport natural gas from fracking sites in southern Texas. Koch Pipeline is a Koch Industries subsidiary.

– 2. Flint Hills Resources recently purchased a small craft pier and wharf in Ingleside, TX to store shipments of natural gas from fracking operations in the Eagle Ford shale formation. Flint Hills Resources is a Koch Industries subsidiary.

– 3. Koch Supply & Trading, a Koch Industries company that deals with commodity trading and financial products, is “already trading Eagle Ford crude” to help supply Koch companies and other customers, according to a Koch Industries newsletter.

– 4. Koch Chemical Technology Group is designing a processing facility near Yoakum, TX to help process natural gas fracked in southern Texas. Koch Chemical is a subsidiary of Koch Industries.

– 5. John Zink, a Koch Industries company, is providing flares for a natural gas processing plant in Helena to service the fracking industry.

– 6. Georgia Pacific produces resins used for chemicals used to prop open micro-fractures, an important process for fracking to occur. GP is a Koch Industries subsidiary.

– 7. Koch Fertilizer, a Koch Industries company, has tapped into increased natural gas production from fracking to develop fertilizer.

From Rick Santorum and Mitt Romney to the Cato Institute, Heritage Foundation and Americans for Prosperity, the Koch political network has been furiously attempting to block any oversight or regulation of the pollution and risks associated with fracking, no matter the danger to the American public.

Climate Progress

Pollutocrat Deniers Charles And David Koch File Suit To Take Over The Cato Institute

The top funders of anti-science disinformation in this country, the Koch brothers, are fighting in court to seize control of the Cato Institute. The Washington Post’s Allen McDuffee broke the amazing story this morning. Politico further reports:

Charles G. Koch and David H. Koch, the deep-pocketed conservative activists, launched a court fight yesterday over control of the Cato Institute, one of the nation’s best-known free-market think tanks. The Washington-based public-policy group was founded in 1974 as the Charles Koch Foundation. The name was changed to Cato in 1976, with the Koch brothers as longstanding contributors. The group had four shareholders until last year: Charles Koch; David Koch; Edward H. Crane III, Cato’s president; and William A. Niskanen, who died in October.

You can read the Kochs civil filing here.

Koch officials tell Politico that the brothers think the shareholder agreement is clear that there should now only be three shareholders, while Crane thinks Niskanen’s 25-percent control should go to his widow, Kathryn Washburn. “We’ve proposed a stand-still agreement and third-party mediation,” said Wes Edwards, deputy general counsel of Koch Companies Public Sector LLC. “We feel that we’ve been refused. … We haven’t alleged any wrongdoing or sought any damages. This is not about money. We view this as a matter of shareholder rights.”

Let’s remember who the Kochs are — billionaire brothers who have done more to spread anti-science, pro-pollution disinformation than any other people on the planet:

Of course, the Cato Institute has been a bastion of anti-science, pro-pollution disinformation for a long time, with research fellows like Patrick Michaels, who is a serial deleter of inconvenient data. This power grab would just make it official that Cato is a wholly-owned subsidiary of Koch Industries.

Related Posts:

NEWS FLASH

Activists Plan To ‘Occupy Koch Town’ In Wichita | About 500 activists are expected this weekend to descend upon Wichita, KS, the home of David and Charles Koch’s Koch Industries. The “Occupy Koch Town” event is a joint effort of the Kansas and Missouri chapters of the Sierra Club and of several nearby Occupy groups, who see the company as a prime example of corporate dominance of politics and science. A Koch spokeswoman told the AP, “This protest is a politically motivated attack and an attempt to harass and demonize an American company.”

Economy

Lawsuit Demands Koch Industries Return Profits From Madoff Ponzi Scheme Investments

Convicted Ponzi-Schemer Bernard Madoff

Convicted Ponzi-Schemer Bernard Madoff

The trustee charged with liquidating the firm of convicted Ponzi-schemer Bernard Madoff has filed a lawsuit against a subsidiary of Koch Industries Inc. — the massive energy, oil, chemical, fertilizer, and finance conglomerate owned by Charles and David Koch. Though the suit alleges no wrongdoing on the part of the subsidiary, it seeks the return of $21.5 million on the grounds that it was not legitimately an investment return, the Wall Street Journal reports.

A Koch spokeswoman disputed the demand, arguing, “The Koch entity involved made an investment in an entirely separate fund. That Koch entity no longer exists and its investment was redeemed in 2005, long before anyone knew of Madoff’s fraud.”

Even the Rupert Murdoch-owned WSJ noted the amusing irony in their lead:

Koch Industries Inc., whose billionaire owners are funding an ad campaign (via an advocacy group they support) criticizing the Obama administration’s support of bankrupt solar company Solyndra LLC, faces a call to give back money received from Bernard Madoff’s Ponzi scheme.

Even if the Kochs lose this case though, $21.5 million would hardly make a dent in the billionaires’ empire or, one imagines, their extensive giving to right-wing Republican causes.

Climate Progress

Meet The 40 Members Of The Congressional Koch Caucus

Rep. Tim Walberg (R-MI), top of the Koch Caucus with $27,000 in Koch contributions.

Five senators and 40 congressional representatives received a perfect 100 percent score from the Koch brothers’ astroturf group Americans For Prosperity for the first half of the 112th Congress. AFP judged Congress on their votes to protect the Koch brothers’ right-wing petrochemical empire on such issues as the repeal of President Obama’s new health care law, pre-empting EPA’s authority to regulate greenhouse gases, Chairman Paul Ryan’s budget to end Medicare, ending ethanol subsidies, several Congressional Review Act resolutions of disapproval to overturn new regulations, and the fiscal year 2012 appropriations bills.

In a previous post, ThinkProgress Green reviewed the five Koch senators and their massive haul of campaign contributions from the Koch empire. Below is a compilation of the 40 members of the Congressional Koch Caucus, in addition to their contributions received from Koch Industries, according to data compiled from OpenSecrets.org.

The Koch Caucus
Representative Koch Cash
Akin, Todd (R-MO) $2000
Amash, Justin (R-MI) $2500
Brooks, Mo (R-AL) $0
Buerkle, Ann Marie (R-NY) $1250
Burton, Dan (R-IN) $0
Chabot, Steve (R-OH) $21000
Chaffetz, Jason (R-UT) $2500
Coffman, Mike (R-CO) $0
Flake, Jeff (R-AZ) $12300
Fleming, John (R-LA) $0
Franks, Trent (R-AZ) $7500
Garrett, Scott (R-NJ) $23000
Gowdy, Trey (R-SC) $7000
Graves, Tom (R-GA) $7500
Harris, Andy (R-MD) $15000
Herger, Wally (R-CA) $6000
Huelskamp, Tim (R-KS) $15900
Huizenga, Bill (R-MI) $2500
Jordan, Jim (R-OH) $5000
Labrador, Raul (R-ID) $3500
Representative Koch Cash
Lamborn, Doug (R-CO) $20000
Landry, Jeff (R-LA) $0
Lummis, Cynthia (R-WY) $7500
Manzullo, Donald (R-IL) $0
Marchant, Kenny (R-TX) $19000
McClintock, Tom (R-CA) $1000
McHenry, Patrick (R-NC) $2500
Mulvaney, Mick (R-SC) $7000
Neugebauer, Randy (R-TX) $24000
Pence, Mike (R-IN) $20750
Quayle, Benjamin (R-AZ) $6000
Ribble, Reid (R-WI) $10000
Ross, Dennis (R-FL) $12500
Schmidt, Jean (R-OH) $0
Schweikert, Dave (R-AZ) $10000
Southerland, Steve (R-FL) $5000
Stutzman, Marlin (R-IN) $2500
Walberg, Tim (R-MI) $27000
Walsh, Joe (R-IL) $0
Wilson, Joe (R-SC) $1000
All U.S. Representatives who were given perfect records from Americans For Prosperity for their 2011 votes. Lifetime Koch Industries political contributions, from Center for Responsive Politics data.

Fourteen members of the Koch Caucus are members of the Tea Party caucus. The average contribution to the Koch Caucus was $9,869.

Climate Progress

Five U.S. Senators Are Perfect Koch Servants, Americans For Prosperity Reports

Five senators and 39 representatives received a perfect 100 percent score from the Koch brothers’ Astroturf group Americans For Prosperity for the first half of the 112th Congress. AFP judged Congress on their votes to protect the Koch brothers’ right-wing petrochemical empire on such issues as the repeal of President Obama’s new health care law, preempting EPA’s authority to regulate greenhouse gases, Chairman Paul Ryan’s budget to end Medicare, ending ethanol subsidies, several Congressional Review Act resolutions of disapproval to overturn new regulations and the fiscal year 2012 appropriations bills.

The Koch Five are Sens. Tom Coburn (R-OK), Mike Crapo (R-ID), Orrin Hatch (R-UT), Marco Rubio (R-FL), and Ron Johnson (R-WI), who have received a combined $187,400 in campaign contributions from the Koch empire:


THE KOCH FIVE
Senator Koch Contributions
Coburn (R-OK) $56300
Crapo (R-ID) $42000
Hatch (R-UT) $26500
Rubio (R-FL) $34700
Johnson (R-WI) $27900

The Kochs were the top contributors to Ron Johnson’s successful campaign to unseat Russ Feingold in 2010. Like first-termers Rubio and Johnson, Coburn has a perfect lifetime Koch score.

NEWS FLASH

Tens Of Thousands March On Koch Industries For Suppressing Voting Rights | This past Saturday, tens of thousands of civil rights activists marched on the New York offices of Koch Industries to protest the Koch brothers’ support of restrictive voting laws that disenfranchise millions. In dozens of states, Republican politicians have pushed laws that disproportionately keep Democratic voters, including blacks, Latinos, students, and the poor, from the polls. U.S. Rep. Charles Rangel (D-NY) was among the lawmakers and labor leaders who locked arms and led the march on Madison Avenue. The billionaire Koch brothers help fund the shadowy corporate front group ALEC (the American Legislative Exchange Council) that has modeled restrictive voting legislation.

Climate Progress

Bay State Climate Hawks Give Scott Brown A Keystone XL Ultimatum

A group of Massachusetts voters are giving Senator Scott Brown (R-MA) until this Thursday at noon to publicly announce his intention to vote against the Keystone XL tar sands pipeline poison-pill provision attached to the payroll tax cut bill currently working its way through Congress. If he does not do so, they will hold a march from Senator Brown’s office to the nearby National Guard Recruiting Office, led by a former National Guardsman in uniform, to highlight the need for the National Guard to accelerate its recruitment efforts in anticipation of climate disasters in the years ahead. Craig S. Altemose, one of the climate activists and a state appointee to the Massachusetts Climate Protection and Green Economy Advisory Committee, wants Brown to choose a clean energy future:

At this very moment, we have the technology and knowledge we need to rapidly and responsibly transition our economy away from the fossil fuels which are threatening our very lives. Rather than playing around with outdated 20th century pipelines like other Republicans, we hope Senator Brown will support the tax cut without the pipeline, and further support investments in 21st century renewable energy like wind, solar, and geothermal that will make our people safer, healthier, and happier.

Brown has avoided taking a stance on the tar sands pipeline, and has explained away global warming as an “ebb and flow.” Most notably, perhaps, Brown is one of the Koch brothers’ favorite politicians, receiving massive donations in return for his allegiance to their polluter politics:

Climate Progress

Koch Political Group Brags About Bullying GOP Lawmakers Into Denying Climate Science

In its cover story this week, the National Journal explores a curious phenomenon: while the science supporting climate change has only gotten stronger, the onetime Republican consensus on the issue has fallen apart. The reason, quite simply, is the right-wing polluter Koch Industries and its political front group Americans for Prosperity.

As Political Correction notes, just three years ago, Republicans including Mitt Romney, Newt Gingrich, and Rep. John Boehner (R-OH) all expressed a belief in human-caused climate change. Presidential candidate Sen. John McCain (R-AZ) even supported legislation to reduce carbon pollution. But all of these prominent leaders have since joined the rest of the Republican party “in a sudden and near-unified retreat to silence or denial.”

What’s changed for Republican politicians is “the influx into electoral politics of vast sums of money from energy companies and sympathetic interest groups”:

Republicans have long had close financial ties to the fossil-fuel industry, of course. Between 1998 and 2010, the oil-and-gas industry gave 75 percent of its $284 million in political contributions to Republicans. [...]

Among the most influential of the new breed of so-called super PACs is the tea party group Americans for Prosperity, founded by David and Charles Koch, the principal owners of Koch Industries, a major U.S. oil conglomerate. As Koch Industries has lobbied aggressively against climate-change policy, Americans for Prosperity has spearheaded an all-fronts campaign using advertising, social media, and cross-country events aimed at electing lawmakers who will ensure that the oil industry won’t have to worry about any new regulations.

AFP President Tim Phillips proudly takes credit for the GOP’s turnaround and readily admits that his group threatened politicians with “political peril” if they “played footsie” with green solutions:

Tim Phillips, president of Americans for Prosperity, says there’s no question that the influence of his group and others like it has been instrumental in the rise of Republican candidates who question or deny climate science…“We’ve made great headway. What it means for candidates on the Republican side is, if you…buy into green energy or you play footsie on this issue, you do so at your political peril. The vast majority of people who are involved in the [Republican] nominating process—the conventions and the primaries—are suspect of the science. And that’s our influence. Groups like Americans for Prosperity have done it.”

Thanks to AFP “science has become political,” Phillips says, and “most of these candidates have figured” that out. AFP used to claim, “We’re not arguing the science of climate change,” but got bolder as it gained more influence, boasting, “if we win the science argument it’s game, set, and match.” With AFP menacing lawmakers in the background, threatening to choke off campaign money and dangling their political careers in front of them, it’s no wonder so many Republicans have willfully ignored the indisputable truth of climate change.

As ThinkProgress has reported, AFP is notorious for its astroturfing, or fake grassroots efforts, that include tactics like planting carbon-copy opinion pieces in local newspapers. They’ve become the unparalleled enforcer of far right-wing ideology, funneling millions of oil and coal industry dollars cash across the nation to spread their message of global warming denial.

(HT: Political Correction)

Older

Newer

Switch to Mobile
ThinkProgress Signup Overlay Skip and Continue to ThinkProgress Skip and Continue to ThinkProgress

Sign Up