TV News LIES

Monday, Mar 18th

Last update06:28:22 AM GMT

You are here News Environment Bid to suspend California global-warming law gets $1 million from Koch brothers' firm

Bid to suspend California global-warming law gets $1 million from Koch brothers' firm

E-mail Print PDF

Koch Brothers The fight over a November ballot initiative to suspend California's global warming law has escalated sharply with the Koch brothers, oil billionaires and "tea party" backers, making a million-dollar entry into the fray.

The contribution to the campaign for Proposition 23 came Thursday from a subsidiary of Wichita, Kan.-based Koch Industries, the nation's second-largest private company (after the agribusiness giant Cargill). A spokeswoman for the subsidiary, Flint Hills Resources, said the company "may consider additional support." The Kochs' company has estimated annual revenues of $100 billion, owns refineries in Alaska, Texas and Minnesota, and controls about 4,000 miles of oil pipelines.

California's global warming law, known as AB 32, is designed to cut the state's emission of greenhouse gases to 1990 levels by the end of this decade. A significant chunk of the reductions would come through regulations aimed at fostering alternative fuels and generating electricity from solar, wind and other alternative energy sources.

The ballot measure would suspend the global warming law until the state's unemployment rate dropped below 5.5%, a level achieved only three times in the last three decades. Until now, the measure has been largely financed by two Texas-based companies, Valero Energy Corp. and Tesoro Corp., which operate refineries in Wilmington and in Northern California.

More...


Most Recent Related Stories...


The U.S. bans most common form of asbestos, after decades of pushback from industry

Asbestos banned in US The Environmental Protection Agency announced Monday that it is banning the most common form of asbestos,...

A Florida neighborhood says an old factory made them sick. Now developers want to kick up toxic soil

Florida residents in toxic areaKristen Burke and her husband, Harold, moved into their home in Russell Landing, a rural suburb...

Massachusetts town grapples with sea rise after sand barrier fails

Mass. town grapples with sea riseOn the border with New Hampshire and Massachusetts – about 35 miles north of Boston –...

Biden pledges billions to rebuild cities ‘torn apart’ by highways decades ago

Biden to rebuild cities torn apart by highways Joe Biden hailed the beginning of $3.3bn in infrastructure spending on US projects on Wednesday “to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!