The American Council for Capital Formation

The American Council for Capital Formation (ACCF) is a Washington, DC-based free market think tank.

ACCF and Industry Funding

According to ExxonSecrets, the ACCF has received over $1.6 million from oil-giant ExxonMobil for "climate change activities."

According to a 2004-05 document (pdf), the ACCF and their affiliate organizations have also received funding from other energy-sector and automobile companies and organizations, such as the American Gas Association, the American Petroleum Institute, the Edison Electric Institute, Ford Motor Company, Nuclear Energy Institute and the Marathon Oil Corporation.

ACCF's Board of Directors

There are 32 individuals listed as members of the ACCF board.

Of the 32 board members:

6 members represent the energy, automobile and manufacturing sectors. For example, Red Cavaney, President of the American Petroleum Institute, and John Engler, President of the National Association of Manufacturers sit on the ACCF board.

Many other members of the board are prominent Republicans including Kenneth Duberstein, former Chief of Staff to President Reagan, and former Reagan Secretary of State, George Schultz.

ACCF and Global Warming

In March 2008, the ACCF's Vice President, Margo Thorning, teamed up with the National Association of Manufacturers, the US Chamber of Commerce and a think tank called the Alliance for Energy and Economic Growth, to conduct a four-State speaking tour to discredit the proposed America's Climate Security Act authored by US Senators Joe Lieberman and John Warner.