TV News LIES

Sunday, Jun 24th

Last update05:20:13 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...


Ex-Nasa scientist: 30 years on, world is failing 'miserably’ to address climate change

Ex-NASA scientist on failure to dedal with climate changeThirty years after a former Nasa scientist sounded the alarm for the general public about climate...

Dangerous mass of hot, humid air triggers heat advisories in Midwest, targets East

High heat and humidityA dangerous combo of high temperatures and high humidity has triggered excessive heat advisories and warnings in...

Harvard scientists: Trump environmental policies could result in 80,000 more deaths per decade

Harvard study : Trump's policy will result in 80,000 deaths A new essay from two Harvard University scientists concluded that the Trump administration’s environmental policies could result...

Hundreds Flee Colorado, New Mexico Wildfires

COlorado and New Mexico wildfiresMassive wildfires in Colorado and New Mexico have torched thousands of acres and forced hundreds 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!