The reports says such contributions are only part of the picture, because the full scope of direct contributions to organizations is not disclosed by individual Koch family members, executives, or from the company itself. But contributions through Koch’s political action committee (PAC) are a matter of public record. Since the beginning of the 2006 election cycle, Koch’s PAC spent more on contributions to federal candidates than any other oil-and-gas sector PAC. For that period, Koch Industries and its executives spent $2.51 million compared to next three biggest contributors: Exxon ($1.71 million), Valero ($1.68 million), and Chevron ($1.22 million).
Koch executives and their families wield political influence on climate change in other ways too, including direct federal lobbying and campaign contributions. Over the last few years, Koch Industries, Koch employees, and Koch family members:
Charles G. Koch co-founded the Cato Institute, a libertarian think tank based in Washington DC, with Edward H. Crane in 1977. [6] Recently, Koch Industries has become an aggressive opponent of climate legislation and a major funder of climate skeptics, including the Cato Institute. [7]
In 2005 Koch Industries acquired the American pulp and paper company Georgia-Pacific, which now operates as a subsidiary.[8] Georgia-Pacific owns and operates the following mills:
Koch Industries is also a major polluter. During the 1990s, its faulty pipelines were responsible for more than 300 oil spills in five states, prompting a landmark penalty of $35 million from the Environmental Protection Agency (EPA). In Minnesota, it was fined an additional $8 million for discharging oil into streams. During the months leading up to the 2000 presidential elections, the company faced even more liability, in the form of a 97-count federal indictment charging it with concealing illegal releases of 91 metric tons of benzene, a known carcinogen, from its refinery in Corpus Christi, Texas. Koch Industries was ranked number 10 on the list of Toxic 100 Air Polluters by the Political Economy Research Institute in March, 2010. [1][2]
In a study released in the spring of 2010, the University of Massachusetts at Amherst’s Political Economy Research Institute named Koch Industries one of the United States' top ten air polluters. [10]
If convicted, the company faced fines of up to $352 million, plus possible jail time for company executives. After George W. Bush became president, however, the U.S. Justice Department dropped 88 of the charges. Two days before the trial, John Ashcroft settled for a plea bargain, in which Koch pled guilty to falsifying documents. All major charges were dropped, and Koch and Ashcroft settled the lawsuit for a fraction of that amount.
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