New Report Reveals Koch Brothers Could Make $100 Billion in Profit if Keystone XL is built (click here)
Published: Monday 21 October 2013
Stephanie Penn Spear
The progressive think tank International Forum on Globalization (IFG) released a report today investigating how Koch Industries and its subsidiaries stand to make as much as $100 billion in profits if the Keystone XL pipeline is built. The report, Billionaires’ Carbon Bomb: The Koch Keystone XL Pipeline, finds that the Kochs hold up to 2 million acres in Alberta and have spent upwards of $50 million on Congress and think tanks that heavily push for the pipeline.
The Kochs have long been one of the largest players in the tar sands region of Alberta, Canada, according to a IFG press release. The report connects the Kochs’ 50 year history and large footprint in the Canadian tar sands to the current debate about the Keystone XL pipeline.
“The Kochs have repeatedly claimed that they have no interest in the Keystone XL pipeline, this report shows that is false,” said Victor Menotti, executive director of IFG.
“We noticed Koch Funded Tea Party members and think tanks pushing for the pipeline. We dug deeper and found $100 billion in profits, $50 million sent to organizations supporting the pipeline, and perhaps 2 million acres of land. That sounds like an interest.”...
Koch Industries is the largest private corporation in the USA. There is a reason. They hire and support the family.
This is the page for Koch-China (click here).
Koch absolutely loves the fact China does not regulate anything including the air pollution when coal plants are asked to produce power.
Koch's profits are seeking control over regulation in the USA to obtain profits. It is how they make their money in China and they are seeking to do the same thing in the USA through the Tea Party.
The Kochs hate government and love anarchy. I guarantee you this company alone is responsible for uncontrolled greenhouse gas emissions around this planet. They are probably the largest greenhouse gas industrial polluters in any country.