McConnell

Mon, 2013-07-15 15:04Farron Cousins
Farron Cousins's picture

What The Dirty Energy Industry Earns From Millions In Lobbying

When you combine the lobbies of electric utilities (representing the coal industry) and the lobbies of oil and gas interests, there is no industry that puts more money into buying politicians and influence from year to year than the fossil fuel industry. So far this year, the utilities and the oil and gas industry combined have already pumped a staggering $75.7 million into lobbying activities, and we still have more than five months left until the end of the year.

But that amount is a mere pittance when compared to the $285 million the two groups spent lobbying during 2012, or the $295 million they spent the year before. Again, when taken together, no industry outspends the dirty energy industry in Washington, D.C.

Like any savvy investor, the industry puts its money wherever they believe they can get the highest return on investment. And nowhere is that return higher than in the Republican-controlled U.S. House of Representatives.

Just last month, Republicans in the House, joined by only 16 Democrats, passed a bill that, if signed into law, will force the Obama administration to come up with a five year plan on how best to expand drilling activities in America. The bill would require the President and his administration to vastly increase the amount of offshore areas available for oil drilling, giving the oil industry free rein over our coastal waterways. 

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