Uncertainty over the future of the wind production tax credit and the solar investment tax credit—and Congressional inaction on both matters—could pose a serious challenge to development in the renewable energy sector.
Wind energy had a huge year in 2012, with 13,128 megawatts (MW) of new wind capacity installed, but has failed to get anywhere close to matching that number since. The fact that the wind...
Koch Brothers Behind Push To Dismantle EPA
Koch Brothers Behind Push To Dismantle EPA
During last week’s Americans For Prosperity (AFP) event, a common theme kept creeping into the speakers’ presentations: Dismantle the EPA. And as the major funders of AFP, Charles and David Koch are the ones pulling the strings of the American elected officials who keep clamoring for an end to all environmental protections.
Since the new Republican-controlled Congress took over earlier this year, calls for the EPA to be disbanded and general attacks on the agency have been constant. In the last 11 months, we have covered those stories here, here, here, here, here, here, and here. Those in favor of saying goodbye to the EPA include presidential candidates like Newt Gingrich and Mitt Romney, elected officials like Republican Representatives Mike Rogers and David McKinley, and even media figures like Fox News’s John Stossel. The attacks include false claims that the agency is destroying jobs, or just general claims that the agency’s usefulness has run its course.
But when you look past those claims, the money from the Koch brotherss and their organizations is all that you can see.
In addition to GOP presidential hopeful Herman Cain pledging his loyalty to the Kochs at last week’s event, we were also privy to a rousing anti-EPA speech by Republican representative Mike Pompeo of Kansas. As Think Progress reports, Pompeo told the crowd the following about his efforts to completely strip the EPA of their funding:
“We’re trying. Indeed, I personally tried. … We’ve got a Senate that has a deeply different worldview, and there my bill sits. We won’t be able to slow down the growth of the EPA dramatically until we change the view of folks in Congress, and I speak mostly of the Senate here, and we get a new leader in the White House.”
Lee Fang from Think Progress has detailed Rep. Pompeo’s connections to the Kochs, who have personally been involved with helping Pompeo climb his way into the top 1% of income earners:
Pompeo developed much of his wealth from a firm he founded, Thayer Aerospace, which he ran with investment funds from Koch Industries. According to a December 11, 1998 article in the Wichita Business Journal, “[Pompeo's] company’s capital base is drawn in part from Wichita’s Koch Venture Capital, a division of Koch Industries.” Pompeo sold Thayer in 2006.
Pompeo still relies on Koch for his private wealth. After the sale of Thayer, Pompeo became the President of Sentry International, a business specializing in the manufacture and sale of equipment used in oilfields. Sentry International is a partner to Koch Industries through its Brazilian distributor, GTF Representacoes & Consultoria.
Pompeo won his Republican primary largely with the support of Koch Industries’ PAC, which gave him one of his largest endorsements in March. Despite the fact that Koch Industries is the recipient of tens of millions in federal contracts, Pompeo boasted about the endorsement: “The employees of the Koch Companies have jobs here in the Wichita because of their own hard work and creativity, not because a federal agency deemed it to be so.”
With $31,400 in contributions from KOCHPAC, Koch Industries is by far the greatest contributor to Pompeo’s campaign.
So to be clear, Congressman Pompeo owes not only his election but his personal fortune to the Koch brothers, and now that he is in a position of power, he is doing his best to push their agenda within the chambers of Congress.
The money in politics database organization Open Secrets has a lengthy list of specific legislation that Koch Industries has lobbied for and against. On the “against” list, you’ll find legislation such as the American Clean Energy and Security Act of 2009 – a bill that would have put Americans to work building a green energy infrastructure; the Clean Energy Jobs and American Power Act – again, a bill that would have created green energy jobs and infrastructure; and the Clean Air Protection Act – a bill that would limit the amount of acceptable emissions into our atmosphere.
The Koch brothers, through their PACs and other organizations, have funded numerous efforts to defeat legislation aimed at reducing pollution or protecting the environment. After all, their companies don't pay the real cost for the pollution they release.
That’s why it is important to follow the money on these stories, especially when dealing with Congress members who are attempting to dismantle the few environmental protections that are currently in place, like Mike Pompeo. Because more often than not, these efforts are supported by fat cat checks from a member of the Koch family.