• 4 minutes Tariffs to derail $83.7 Billion Chinese Investment in West Virginia
  • 9 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 17 minutes Kaplan Says Rising Oil Prices Won't Hurt US Economy
  • 1 hour Saudi Arabia turns to solar
  • 5 hours Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 21 hours Kaplan Says Rising Oil Prices Won't Hurt US Economy
  • 16 hours Could oil demand collapse rapidly? Yup, sure could.
  • 10 hours Corruption On The Top: Netanyahu's Wife Charged With Misuse of Public Funds for Meals
  • 3 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 16 hours Gazprom Exports to EU Hit Record
  • 16 hours OPEC Meeting Could End Without Decision - Irony Note Added from OPEC Children's Book
  • 5 hours Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 12 hours U.S. Withdraws From U.N. Human Rights Council
  • 20 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 14 hours What If Canada Had Wind and Not Oilsands?
  • 14 hours "The Gasoline Car Is a Car With a Future"
  • 1 day EVs Could Help Coal Demand
  • 9 hours EU Confirms Trade Retaliation Measures vs. U.S. To Take Effect on June 22
  • 15 hours Sell out now or hold on?
Rig Count Falters Amid Oil Price Correction

Rig Count Falters Amid Oil Price Correction

The rig count slipped on…

The Koch Brothers' Battle Against Climate Change

Climate change is real and poses a real threat to society. In many cases, such as the freak storms Sandy and Katrina, the severe droughts, floods, and the wildfires experienced in recent years, people are already feeling the first hand effects of climate change.

Statistics from the National Climatic Data Centre has found that from 2001 to 2012, extreme weather incidents have caused $487 billion in property damage, and 3,952 deaths. Yet why then has Congress done little to battle climate change? Many governments around the world focus on reducing their carbon emissions, yet the US has only the Environmental Protection Agency working to this end.

In October 2011, Time.com published an article that said that “fossil-fuel companies like Exxon and Peabody Energy — which obviously have a business interest in slowing any attempt to reduce carbon emissions — have combined with traditionally conservative corporate groups like the U.S. Chamber of Commerce and conservative foundations like the Koch brothers’ Americans for Prosperity, to raise doubts about the basic validity of what is, essentially, a settled scientific truth.”

Related article: UN Blames Cows for Global Warming, Again

In June, President Obama unveiled his climate strategy, and at the same time decided to leave Congress out of the picture, taking executive action himself. This is because, as highlighted in a two year study by the Investigative Reporting Workshop, the Koch brothers, Charles and David, have been manipulating Congress to purposefully derail any attempts to pass climate legislation.

It turns out that the Koch brothers gained the signatures of 169 Members of Congress on a Climate Obstruction Pledge, which effectively meant they would do nothing to help encourage reduction in carbon emissions.

An article on Popular Resistance claims that more people have died in the last ten years from the effects of climate change than died during the attack on the 11th of September 2001. The author Peter G Cohen stated that if the Koch brothers had ever dared to oppose an effort to go to war against al-Qaeda in retaliation, they would have been labelled traitors; and yet now they are left to block any attempts to curb climate change.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News