CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: The Good: Bid to suspend California global-warming law gets $1M from billionaire brothers' firm Sat Sep 04, 2010 7:49 pm | |
| The donation to the Proposition 23 campaign comes from a subsidiary of Kansas-based Koch Industries, which owns refineries and controls 4,000 miles of oil pipelines.
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.
ANCAPS: ANARCHO-CAPITALISTS |
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