Read

User menu

Search form

T. Boone Pickens: "The Biggest Deterrant to an Energy Plan in America is Koch Industries"

T. Boone Pickens: "The Biggest Deterrant to an Energy Plan in America is Koch Industries"
Wed, 5/9/2012 - by Joe Romm
This article originally appeared on Think Progress

Billionaire energy investor T. Boone Pickens has a bone to pick with the country’s leading pollutocrats.

Pickens said in an interview last week with Yahoo’s Daily Ticker that Koch Industries, the company owned by Charles and David Koch, is the major stumbling block to a coherent U.S. energy policy.

“The biggest deterrent to an energy plan in America is Koch Industries,” the BP Capital founder told Yahoo’s Aaron Task. “They do not want an energy plan for America because they have the cheapest natural gas price they’ve ever had, and they’re in the fertilizer business and they’re in the chemical business. So their margins are huge. And they do not want you to have an energy plan, because if you had a plan, then natural gas prices would come up.”

Back in October, a German state minister explained that the country could decarbonize with renewables because “We Don’t Have the … Koch Brothers.” He was referring to the Kochs’ lobbying for dirty fuels and against clean energy, and its spending on climate science disinformation, which exceeds that of ExxonMobil. As Business Insider explains:

The second-largest private company in the United States, Koch Industries has spent at least $5 million in lobbying in each of the past four years, and given at least $1,000,000 in seven of the last eight election cycles, according to data from OpenSecrets.

In 2008, the company spent nearly $18 million on lobbying for oil and gas interests alone, according to Open Secrets. They’ve already spent $2.3 million on oil and gas lobbying in 2012.

Pickens was referring to the Koch brothers’ Americans For Prosperity front group, which has been bashing Pickens’ beloved NAT GAS Act (H.R. 1380) to promote natural-gas vehicles (NGVs). Since the AFP campaign began, 14 House Republicans have withdrawn support for the legislation. Of course, we now know that NGVs are bad for the climate (see “Natural Gas Is A Bridge To Nowhere Absent A Carbon Price AND Strong Standards To Reduce Methane Leakage“). As EDF chief Fred Krupp put it, “I’m here to tell you today that every truck we switch to natural gas damages the atmosphere.”

Still, who can argue with Pickens’ central point? The men from Koch—and the groups, politicians, and disinformation they fund—are now the Sith Lords of climate and clean energy inaction in the country.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Help us provide honest, inspiring, action-provoking independent media from the Occupy movement to the rest of the 99% - please donate now!

3 WAYS TO SHOW YOUR SUPPORT

ONE-TIME DONATION

Just use the simple form below to make a single direct donation.

DONATE NOW

MONTHLY DONATION

Be a sustaining sponsor. Give a reacurring monthly donation at any level.

GET SOME MERCH!

Now you can wear your support too! From T-Shirts to tote bags.

SHOP TODAY

Sign Up

Article Tabs

Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.

This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.

President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.

Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.

The American people clearly spoke, and the drubbing Democrats received requires looking beyond just issue polls, voting patterns, campaign strategy, or get-out-the-vote tactics.

Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.

This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.

If the Democrats’ theme of 2017 was Resistance, the theme for Democrats in 2025 needs to instead be Opposition — and these two GOP senators may be the models to emulate.

President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.

Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.

This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.

Posted 1 month 1 week ago

Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.

Posted 1 month 4 weeks ago

President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.

Posted 1 month 2 weeks ago

If the Democrats’ theme of 2017 was Resistance, the theme for Democrats in 2025 needs to instead be Opposition — and these two GOP senators may be the models to emulate.

Posted 1 month 2 weeks ago

Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.

Posted 1 week 5 days ago