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	<title>Koch Cash</title>
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	<description>The single largest source of private money corrupting democracy</description>
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		<title>Protected: Billionaires&#8217; Carbon Bomb Report</title>
		<link>http://kochcash.org/billionaires-carbon-bomb-report/</link>
		<comments>http://kochcash.org/billionaires-carbon-bomb-report/#comments</comments>
		<pubDate>Thu, 28 Mar 2013 10:11:04 +0000</pubDate>
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		<title>Oil emissions force families to leave their homes</title>
		<link>http://kochcash.org/oil-emissions-force-families-to-leave-their-homes/</link>
		<comments>http://kochcash.org/oil-emissions-force-families-to-leave-their-homes/#comments</comments>
		<pubDate>Tue, 12 Mar 2013 23:32:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Fossil Fuels]]></category>
		<category><![CDATA[Keystone XL]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[oil derivatives]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[clean air]]></category>
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		<category><![CDATA[Fracking]]></category>
		<category><![CDATA[Oil Derivatives]]></category>

		<guid isPermaLink="false">http://kochcash.org/?p=660</guid>
		<description><![CDATA[News &#124; Feb 21, 2013 &#124; 2:49 Regulation questions The CBC&#8217;s Kim Trynacity has the third part of her series on Peace Country families who&#8217;ve left their homes because they believe emissions are hurting their health&#8230;]]></description>
				<content:encoded><![CDATA[<p>News | Feb 21, 2013 | 2:49<br />
Regulation questions</p>
<p>The CBC&#8217;s Kim Trynacity has the third part of her series on Peace Country families who&#8217;ve left their homes because they believe emissions are hurting their health&#8230;</p>
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		<title>Over 100 Youth Risk Arrest, Escalating Fight Against Keystone XL Pipeline</title>
		<link>http://kochcash.org/over-100-youth-risk-arrest-escalating-fight-against-keystone-xl-pipeline/</link>
		<comments>http://kochcash.org/over-100-youth-risk-arrest-escalating-fight-against-keystone-xl-pipeline/#comments</comments>
		<pubDate>Mon, 11 Mar 2013 17:56:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Keystone XL]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[Kerry]]></category>
		<category><![CDATA[tar sands]]></category>

		<guid isPermaLink="false">http://kochcash.org/?p=653</guid>
		<description><![CDATA[Press Release Press Release – FOR IMMEDIATE RELEASE March 11, 2013 Contact: nokxl@riseup.net, 617-470-0371 Students hold “Funeral for Our Future” in act of civil disobedience at TransCanada Corporation’s Westborough, MA Office Westborough, MA – On Monday morning, over 100 students and<span class="ellipsis">&#8230;</span><div class="read-more"><a href="http://kochcash.org/over-100-youth-risk-arrest-escalating-fight-against-keystone-xl-pipeline/">Read more &#8250;</a></div><!-- end of .read-more -->]]></description>
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<h1>Press Release</h1>
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<p>Press Release – FOR IMMEDIATE RELEASE<br />
March 11, 2013<br />
Contact: <a href="mailto:nokxl@riseup.net">nokxl@riseup.net</a>, 617-470-0371<br />
<em><strong> Students hold “Funeral for Our Future” in act of civil disobedience at TransCanada Corporation’s Westborough, MA Office</strong></em></p>
<p>Westborough, MA – On Monday morning, over 100 students and community members marched into TransCanada’s Westborough office and held a funeral mourning the loss of their future at the hands of the Keystone XL Pipeline, which would transport the tar sands that climate scientists say will lock us into irreversible global warming. More than 25 protesters were arrested for refusing to leave the office in an act of civil disobedience.<br />
<span id="more-653"></span></p>
<p>Carrying a coffin emblazoned with the words “Our Future,” the protesters held flowers and sang an elegy as they marched in procession. Massachusetts Methodist clergy members and a group of mothers holding photographs of their children joined the youth in protest.</p>
<p>The action marked a sharp escalation of the protests in New England against the Keystone XL pipeline. In January, <a href="http://january7th.wordpress.com/">eight students locked and glued themselves</a> at the same TransCanada office. Nationwide, the pipeline has already prompted <a href="http://content.sierraclub.org/press-releases/2013/02/today-civil-disobedience-today-white-house-stop-tar-sands-keystone-xl">civil disobedience</a> outside the White House, <a href="http://tarsandsblockade.org/">direct blockades</a> of construction, and the <a href="http://www.huffingtonpost.com/jamie-henn/forward-on-climate_b_2707553.html">largest climate rally</a> in US history. Today’s action kicks off a week of solidarity actions being called for by our allies at the <a href="http://www.tarsandsblockade.org/">Tar Sands Blockade</a>. During the week of March 16th-24th protestors from across the country will target the offices of TransCanada and its investors.</p>
<p>The protesters staged the funeral a week after the US State Department released <a href="http://www.usatoday.com/story/news/nation/2013/03/01/keystone-pipeline-obama-state-department/1957539/">a widely criticized Draft Environmental Impact Statement</a> for the Keystone XL pipeline. While admitting that rejecting the pipeline would have little effect on jobs, the document minimizes claims about the pipeline’s impact on climate change and on communities who would be at risk for devastating pipeline spills like <a href="http://www.npr.org/2012/08/16/158025375/when-this-oil-spills-its-a-whole-new-monster">the 2010 Kalamazoo spill</a>, from which the affected communities are still recovering. The impact assessment also makes the assumption that the Alberta tar sands will be developed regardless of whether Keystone XL goes forward—an assumption not shared by today’s protesters and <a href="http://www.yesmagazine.org/planet/alberta-tar-sands-illegal-treaty-8-first-nations-shell-oil">refuted by indigenous communities whose treaties the Canadian government is violating</a> by allowing development of the tar sands.</p>
<p>“If the tar sands are extracted and burned, it will wipe out my future and the future of my entire generation,” said Will Pearl, a Tufts University freshman arrested in the action. “If President Obama will not reject the Keystone XL pipeline, we will stop it ourselves. We will rise up and resist—from the backwoods of Texas, to corporate offices in Massachusetts, to the steps of the White House.”</p>
<p>“The stakes couldn’t be higher,” said Isobel Arthen, a junior at Mount Holyoke who participated in Monday’s action. “<a href="http://www.usatoday.com/story/news/nation/2013/03/01/keystone-pipeline-obama-state-department/1957539/">The total carbon contained in Canada’s tar sands exceeds all the oil burned in human history</a>. If we develop these incredibly dirty fossil fuels, my future will be marked by superstorms, untold numbers of climate refugees and climate-related deaths, and ultimately an uninhabitable planet. The planet is already the hottest it’s been <a href="http://www.nytimes.com/2013/03/08/science/earth/global-temperatures-highest-in-4000-years-study-says.html?smid=re-share&amp;_r=0">in 4000 years</a>. How hot will it be when the Keystone pipeline delivers over 800,000 barrels of tar sands a day? We must stop it. We will stop it.”</p>
<p>“President Obama and Secretary Kerry may not be able to stop climate change, but they have the opportunity to reject the pipeline that would make that change inevitable,” said Rachel Bishop, a senior at Brown University. “They have the power to stop investment in dirty fossil fuels and commit to developing clean and renewable energy sources as real alternatives, securing a legacy not of destruction, but of innovation and real leadership.”</p>
<p>“I am standing with these courageous young people and with parents everywhere who are losing hope for their children’s futures,” said Susan Redlich, one of the mothers present at the action. “We are determined to stand up to the fossil fuel industry and preserve a livable future for all children.”</p>
<p>######</p>
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		<title>US shale boom at risk, watchdog warns</title>
		<link>http://kochcash.org/us-shale-boom-at-risk-watchdog-warns/</link>
		<comments>http://kochcash.org/us-shale-boom-at-risk-watchdog-warns/#comments</comments>
		<pubDate>Thu, 28 Feb 2013 00:24:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Fossil Fuels]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://kochcash.org/?p=648</guid>
		<description><![CDATA[Originally Published in the Financial Times By Gregory Meyer in New York and Ajay Makan in London The boom in US oil production unleashed by new shale drilling techniques is in jeopardy unless Washington urgently reverses its more than three-decade<span class="ellipsis">&#8230;</span><div class="read-more"><a href="http://kochcash.org/us-shale-boom-at-risk-watchdog-warns/">Read more &#8250;</a></div><!-- end of .read-more -->]]></description>
				<content:encoded><![CDATA[<p>Originally Published in the<a href="http://www.ft.com/intl/cms/s/2217180a-70aa-11e2-85d0-00144feab49a,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F2217180a-70aa-11e2-85d0-00144feab49a.html&amp;_i_referer=#axzz2M8x6Ct25"> Financial Times</a></p>
<p>By Gregory Meyer in New York and Ajay Makan in London</p>
<div id="storyContent">
<p>The boom in US oil production unleashed by new shale drilling techniques is in jeopardy unless Washington urgently reverses its more than three-decade old policy of restricting crude exports, the head of the Western countries’ energy watchdog has warned.</p>
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<div><a href="http://video.ft.com/">More video</a></div>
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<p>Maria van der Hoeven, head of the International Energy Agency, said a de facto ban of most US crude oil exports was helping create a glut in the central US, depressing domestic oil prices and curtailing investment.</p>
<p>“Washington will need to address this misalignment, lest the great American oil boom goes bust,” she <a title="FT - US must avoid shale boom turning to bust" href="http://www.ft.com/cms/s/0/af84760a-6fa2-11e2-956b-00144feab49a.html">writes in today’s Financial Times</a>.</p>
<p>The US is the most powerful of the 28 members of the IEA, founded in response to the first oil crisis of 1973-74. With her comments, Ms van der Hoeven wades into a contentious debate in Washington as domestic refineries struggle to handle a torrent of high-quality light oil.</p>
<p>Exporting US crude requires a licence from the Bureau of Industry and Security, a branch of the Department of Commerce. While the US has become an important exporter of refined products such as diesel, only a trickle of crude leaves the country for Canada.</p>
<p>The glut in some regions of the US and Canada is now so large that the price of some crude varieties has fallen to as little as $50-$60 a barrel. Brent, the international benchmark, is more than $116 a barrel.</p>
<p>Ms van der Hoeven, a former Netherlands minister of economic affairs, wrote: “While much of the anxiety about energy resources in recent years has focused on ‘peak oil’ or other aspects of resource scarcity, in fact some of the bigger challenges facing the energy industry lurk not below ground but above.</p>
<p>“Some may see this as a choice between keeping American oil within US borders for reasons of economic security, and allowing the US to generate billions of dollars in new export revenues. But market realities suggest a far simpler decision ahead: either US crude is shipped abroad, or it stays in the ground.”</p>
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		<title>Sequester this! Three ways the Kochs win from today&#8217;s “shrink government” jihad</title>
		<link>http://kochcash.org/sequester-this-three-ways-the-kochs-win-from-todays-shrink-government-jihad/</link>
		<comments>http://kochcash.org/sequester-this-three-ways-the-kochs-win-from-todays-shrink-government-jihad/#comments</comments>
		<pubDate>Mon, 25 Feb 2013 21:40:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Fossil Fuels]]></category>
		<category><![CDATA[Koch Cash Analysis Blog]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[DOE]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[EPA]]></category>
		<category><![CDATA[Koch Brothers]]></category>
		<category><![CDATA[Koch Industries]]></category>
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		<category><![CDATA[sequester]]></category>

		<guid isPermaLink="false">http://kochcash.org/?p=636</guid>
		<description><![CDATA[As America braces for record reductions in federal spending on March 1st ( so-called sequestration), too little attention has focused on the forces driving today’s “shrink government” agenda, or why its financial and intellectual leaders are so willing to go<span class="ellipsis">&#8230;</span><div class="read-more"><a href="http://kochcash.org/sequester-this-three-ways-the-kochs-win-from-todays-shrink-government-jihad/">Read more &#8250;</a></div><!-- end of .read-more -->]]></description>
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<div>As America braces for record reductions in federal spending on March 1<sup>st</sup> ( <a title="so called sequestration" href="http://e2ma.net/go/13023060388/214266110/239852267/33867/goto:http://www.washingtonpost.com/blogs/the-fix/wp/2013/02/19/understanding-the-sequester-in-4-great-infographics/" target="_blank" rel="so called sequestration">so-called sequestration</a>), too little attention has focused on the forces driving today’s “shrink government” agenda, or why its financial and intellectual leaders are so willing to go to such extremes measures.</div>
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<div>The individuals most-involved (measured in money and ideas) have direct commercial interests that indeed benefit from weaker scientific monitoring of weather, less regulation of pollution, and stopping the shift in subsidies from fossil fuels to clean energy.   All of the above are expected under sequestration (see links below), and each has its own injurious impact on our global climate crisis.</div>
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<p><div class="wp-caption alignleft" style="width: 285px"><img style="border:0 none;" alt="Image" src="http://cdn.e2ma.net/userdata/33867/images/e1361820381.jpg" width="275" height="183" border="0" /><p class="wp-caption-text"><em>Koch Aviation&#8217;s fleet, and other corporate jets would avoid $3.2B in closed tax loopholes under &#8220;sequestration&#8221;.</em></p></div></td>
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<div>The Members of Congress who are advancing today’s<em> </em>unprecedented fiscal austerity are primarily Tea Party ideologues <a title="put in power" href="http://e2ma.net/go/13023060388/214266110/239852268/33867/goto:http://www.huffingtonpost.com/brendan-demelle/study-confirms-tea-party-_b_2663125.html" target="_blank" rel="put in power">put in power</a> by the world’s two wealthiest men, <a href="http://e2ma.net/go/13023060388/214266110/239852269/33867/goto:http://www.kochcash.org">Charles and David Koch</a>.  The Kochs’ dark and dirty money has helped more anti-government extremists get into elected office than any other campaign contributor, outspending even Exxon.  Some say their record spending in the 2012 elections by didn’t buy them much, but Congress’ ongoing obsession with <a title="self contrived" href="http://e2ma.net/go/13023060388/214266110/239852270/33867/goto:http://www.alternet.org/guess-what-debt-everyone-freaking-out-about-does-not-exist?akid=10105.17805.Zmifip&amp;rd=1&amp;src=newsletter800175&amp;t=2" target="_blank" rel="self contrived">self-contrived budget crises</a> makes clear that the Kochs are more than ever defining the debate in Washington, and keeping their opponents on the defensive, even as Republicans remain deeply divided.</div>
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<div>“Shrink government” is central to the “ <a title="economic freedom" href="http://e2ma.net/go/13023060388/214266110/239852271/33867/goto:http://www.economicfreedom.org" target="_blank" rel="economic freedom">economic freedom</a>” ideology that the Kochs espouse, and it is the inspiration for a critical mass of Congressmen who went to Washington to enact ultra-libertarian laws.  It’s also an idea that’s key to the Kochs’ keeping their carbon-based wealth, as “less government” means more freedom for businesses to produce whatever they please, as they please.  That principle is pretty important if your business plan is based on pumping carbon from underground and dumping it up in our atmosphere.</div>
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<div>Sequestration&#8217;s across-the-board approach to less government perfectly embodies the Kochs&#8217; big ideas and specific policy prescriptions, particularly by:</div>
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<div>1)   <a title="EPA Link" href="http://e2ma.net/go/13023060388/214266110/239852272/33867/goto:http://www.usclimatenetwork.org/resource-database/epa-letter-outlines-effects-of-sequester-on-clean-water-and-air-monitoring-programs" target="_blank" rel="EPA Link">Cutting enforcement of the Clean Air Act by the EPA</a>;</div>
<div>2)   <a href="http://e2ma.net/go/13023060388/214266110/239852273/33867/goto:http://cts.vresp.com/c/?USClimateActionNetwo/5b42039be6/f330250f23/372b100daa" target="_blank" rel="Scaling-back scientific monitoring of extreme weather by NOAA">Scaling-back scientific monitoring of extreme weather by NOAA</a>;</div>
<div>3)   <a title="DOE Link" href="http://e2ma.net/go/13023060388/214266110/239852274/33867/goto:http://docs.nrdc.org/globalwarming/files/glo_12110801a.pdf" target="_blank" rel="DOE Link">Gutting clean energy financing by DOE</a>;</div>
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<div>But it could all backfire.  If hardline conservatives don’t cave and serious economic and political pain ensues, then most Americans appear to be ready to blame the extremist conservatives.  Until today&#8217;s ultra-free market ideologues are isolated, and reasonable Republicans are allowed to step out in support of balanced approaches to budgeting and urgent, ambitious actions to curb carbon, it is hard to see what will end America&#8217;s Koch problem.</div>
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		<title>Hugo Chavez Told Me He Won&#8217;t Sell Oil to the Kochs</title>
		<link>http://kochcash.org/hugo-chavez-told-me-he-wont-sell-oil-to-the-kochs/</link>
		<comments>http://kochcash.org/hugo-chavez-told-me-he-wont-sell-oil-to-the-kochs/#comments</comments>
		<pubDate>Fri, 15 Feb 2013 19:44:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Fossil Fuels]]></category>
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		<guid isPermaLink="false">http://kochcash.org/?p=627</guid>
		<description><![CDATA[Greg Palast for Vice Greg Palast is a New York Times bestselling author and fearless investigative journalist whose reports appear on BBC Television Newsnight and in The Guardian. Palast eats the rich and spits them out. Catch his reports and<span class="ellipsis">&#8230;</span><div class="read-more"><a href="http://kochcash.org/hugo-chavez-told-me-he-wont-sell-oil-to-the-kochs/">Read more &#8250;</a></div><!-- end of .read-more -->]]></description>
				<content:encoded><![CDATA[<p><strong><a href="http://www.vice.com/en_uk/read/koch-brothers-hugo-chavez-and-the-xl-pipeline">Greg Palast for Vice </a></strong></p>
<p><img alt="" src="http://assets.vice.com/content-images/contentimage/no-slug/29731fb148b53d1b64ae985eafc1531a.jpg" width="424" height="318" /></p>
<p><em>Greg Palast is a </em>New York Times<em> bestselling author and fearless investigative journalist whose reports appear on BBC Television </em>Newsnight<em> and in </em>The Guardian<em>. Palast eats the rich and spits them out. Catch his reports and films at <a href="http://www.gregpalast.com" target="_blank">www.GregPalast.com</a>, where you can also securely send him your documents marked, &#8220;confidential&#8221;.</em></p>
<p>I’ve been tracking a tube of black putrid ooze, a toxic viper slowly slithering 2,000 miles across the belly of America, swallowing all water aquifers, politicians and reason in its path.</p>
<p>The XL <a href="http://en.wikipedia.org/wiki/Keystone_Pipeline" target="_blank">Keystone Pipeline</a>.</p>
<p>As Nagini, the murderous snake in the <em>Harry Potter</em> tales, had its master Voldemort, I figured the Keystone XL Pipeline must also have its own dark lords.</p>
<p>And the Dark Lords of the Keystone Pipeline left clear clues: environmental horror, political payouts and the odour of sulphur stronger than explained by the stinking hot tar inside it. I smelled Koch.</p>
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<p>David and Charles Koch are each worth $20 billion (£12.7 billion), and they’re quite certain that’s not enough. And so they need the XL Keystone Pipeline.</p>
<p>The XL Keystone will take Canadian tar-sands oil, the filthiest crude on the planet, and suck it down to Texas’ Gulf Coast refineries. Alberta’s oil-glop reserve, if it can get to the US market, <a href="http://www.scientificamerican.com/article.cfm?id=tar-sands-and-keystone-xl-pipeline-impact-on-global-warming" target="_blank">will warm the planet by nearly 0.4°C all by itself</a>.</p>
<p>Why in the world would America pistol-whip Mother Nature to bring oil to Texas? I mean, it’s just plain weird to suck heavy tar oil out of Canada to drag it across the entire middle of the USA and import it into the oil-exporting Lone Star State.</p>
<p>Here’s where a little lesson in oil chemistry comes in. You can’t just throw any old crude oil into an oil refinery. These giant filth factories are actually quite sensitive. The refineries of the Texas Gulf Coast are optimised for heavy crude.</p>
<p>It would cost billions of dollars to rebuild the giant Flint Hills Corpus Christi Refinery, owned by Koch Industries, to use the less-polluting Texas oil drilled nearby.</p>
<p>The Kochs need heavy crude. But the Brothers Koch have a problem. Heavy crude is controlled by a heavy dude – President Hugo Chavez of Venezuela.<br />
<img alt="" src="http://assets.vice.com/content-images/contentimage/no-slug/49ada41f4829a81bdcee41b4efda1871.jpg" width="465" height="364" /></p>
<p>In case you haven’t heard, the <a href="http://news.bbc.co.uk/1/hi/world/americas/4871938.stm" target="_blank">US Department of Energy now says Venezuela</a>, not Saudi Arabia, has the world’s largest petroleum reserve – including the overwhelming bulk of the planet’s heavy crude.</p>
<p>And Chavez is not giving it away. “We are no longer an oil colony, Mr Palast,” Chavez told me during one of our meet-ups in Caracas.</p>
<p>He wasn’t kidding. Venezuela’s export price now averages around $100 (£64) a barrel.</p>
<p>So the Kochs have turned their gaze upward – to Canada, where Alberta oil men are selling their tar-sands gunk for a whopping $33 (£21) a barrel less than Chavez’s heavy. Do the maths: With 289,000 barrels a day refined at Corpus Christi, switching from Venezuela heavy to Canadian tar could put an extra $3 billion (£1.9 billion) a year into the pockets of the Kochs.</p>
<p>However, there’s a problem. Between Canada and Houston is the United States. At the moment, there’s no pipeline that can take all that cheap crude south. The southbound pipeline network now chokes at Cushing, Oklahoma, which is already blocked with 47 million barrels of crude sitting in storage tanks with nowhere to go.</p>
<p>So all the Kochs have to do is get the US government to agree to pop a pipe through Cushing to Houston: the Keystone XL. But that would require that the US government go stark raving mad, commit environmental suicide and reverse all policy to slow global warming – all to bring in foreign oil while the US itself is suffering from a major oil and gas glut.</p>
<p>Furthermore, approving the Keystone XL Pipeline will raise the price of heating oil and gasoline in the US.</p>
<p><strong>Let me repeat: Approving the Keystone XL Pipeline will raise the price of oil and gasoline.</strong></p>
<p>This is the nasty little secret of the pipeline lords and unknown to all but experts. Every Republican politician and not a few Democrats have promoted the fairy tale that the XL Pipeline will reduce gasoline and oil prices throughout the USA.</p>
<p><img alt="" src="http://assets.vice.com/content-images/contentimage/no-slug/6aed07c603db7e7c5671a99baedd8765.jpg" /></p>
<p>It’s bullshit, but it’s gospel – utterly unquestioned by the mainstream media. Even opponents of the pipeline buy the lower-cost-oil line. For example, the New York Times editorialised that, “We do not think that the [economic] benefit from Keystone XL outweighs the certain damages” to the environment.</p>
<p>But the “benefit” is bogus. Prices for gasoline will rise by about 15 cents (nine pence) a gallon in the Upper Midwest if the pipe opens.</p>
<p>Here’s why. Normally, the supply of crude oil in the US doesn’t have a damn thing to do with the price of gas you put in your Humvee. Normally, Canadians could hose us down with hot tar and it wouldn’t change oil and gas prices by a penny.</p>
<p>That’s because the international price of oil is not set by supply and demand in the marketplace. Rather, the price is fixed by a dictator in a bathrobe, Abdullah, King of Saudi Arabia. He dictates, you pay.</p>
<p>But there are always anomalies.</p>
<p>As matters stand, with nowhere to dump their tar goo, Canadians have to sell at a $33 (£21) a barrel discount to nearby refineries in the US Upper Midwest.</p>
<p>American consumers are getting the benefit of this oil backup. Indeed, one angry Canuck, Cenovus Energy CEO Brian Ferguson, complains that the pipeline plug results in &#8220;subsidisation to the United States consumer by $1,200 (£764) per Canadian&#8221;.</p>
<p>The XL Pipeline would act as an oil enema, releasing the impacted inventory, enriching the Gulf refineries.</p>
<p>The result of opening the spigot through the XL Keystone will mean that US Midwest retail heating oil prices will skyrocket and gasoline in the region, as the crude drains away to other refineries, will rise an estimated 15 cents a gallon.</p>
<p>True, cheaper crude oil will now flow south, but as Canadian economist Robyn Allan writes, “It&#8217;s the refining sector that sees the benefit of lower-priced WCS [West Canadian Sands oil] in the form of windfall profits from low feedstock costs.”</p>
<p>The gusher of cheap crude from a new pipeline will enrich the refiners – none more so than refiners named Koch.</p>
<p>But how will the Kochs get Obama and the US government to turn against US consumers and their own green policies and promises? We&#8217;ll get to that next week.</p>
<p>I’ve been tracking the Kochs for 18 years, first as a private investigator on a case of oil missing from a Native American Indian reservation.</p>
<p>One thing from that case sticks with me even today. The trail of missing oil led to Charles Koch himself, who (according to a secret recording), told a co-conspirator why he did it. The billionaire said,</p>
<p>“I want my fair share. And that’s ALL OF IT.”</p>
<p>And &#8220;all of it&#8221; now includes a pipeline filled with hot, cheap oil.</p>
<p><em>Follow Greg on Twitter: <a href="https://twitter.com/Greg_Palast" target="_blank">@Greg_Palast</a></em></p>
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		<title>Exclusive: Billionaires secretly fund attacks on climate science</title>
		<link>http://kochcash.org/exclusive-billionaires-secretly-fund-attacks-on-climate-science/</link>
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		<pubDate>Fri, 25 Jan 2013 20:22:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Climate Change]]></category>
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		<description><![CDATA[Audit trail reveals that donors linked to fossil fuel industry are backing global warming skeptics The Independent STEVE CONNOR, Thursday 24 January 2013secretive funding organisation in the United States that guarantees anonymity for its billionaire donors has emerged as a major operator<span class="ellipsis">&#8230;</span><div class="read-more"><a href="http://kochcash.org/exclusive-billionaires-secretly-fund-attacks-on-climate-science/">Read more &#8250;</a></div><!-- end of .read-more -->]]></description>
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<h1><span style="font-size:13px;">Audit trail reveals that donors linked to fossil fuel industry are backing global warming </span><span style="font-size:small;">skeptics</span></h1>
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<div>The Independent</div>
<div><a href="http://www.independent.co.uk/biography/steve-connor">STEVE CONNOR</a>, Thursday 24 January 2013secretive funding organisation in the United States that guarantees anonymity for its billionaire donors has emerged as a major operator in the climate &#8220;counter movement&#8221; to undermine the science of global warming, <em>The Independent</em> has learnt.</p>
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<p>The Donors Trust, along with its sister group Donors Capital Fund, based in Alexandria, Virginia, is funnelling millions of dollars into the effort to cast doubt on climate change without revealing the identities of its wealthy backers or that they have links to the fossil fuel industry.</p>
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<p>However, an audit trail reveals that Donors is being indirectly supported by the American billionaire Charles Koch who, with his brother David, jointly owns a majority stake in Koch Industries, a large oil, gas and chemicals conglomerate based in Kansas.</p>
<p>Millions of dollars has been paid to Donors through a third-party organisation, called the Knowledge and Progress Fund, with is operated by the Koch family but does not advertise its Koch connections.</p>
<p>Some commentators believe that such convoluted arrangements are becoming increasingly common to shield the identity and backgrounds of the wealthy supporters of climate scepticism – some of whom have vested interests in the fossil-fuel industry.</p>
<p>The Knowledge and Progress Fund, whose directors include Charles Koch and his wife Liz, gave $1.25m to Donors in 2007, a further $1.25m in 2008 and $2m in 2010. It does not appear to have given money to any other group and there is no mention of the fund on the websites of Koch Industries or the Charles Koch Foundation.</p>
<p>Read the full article <a href="http://www.independent.co.uk/environment/climate-change/exclusive-billionaires-secretly-fund-attacks-on-climate-science-8466312.html">HERE</a></p>
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		<title>The Kochs and Congress as Citizens United marks three years</title>
		<link>http://kochcash.org/the-kochs-and-congress-as-citizens-united-marks-three-years/</link>
		<comments>http://kochcash.org/the-kochs-and-congress-as-citizens-united-marks-three-years/#comments</comments>
		<pubDate>Sat, 19 Jan 2013 08:05:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Koch Cash Analysis Blog]]></category>
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		<description><![CDATA[New rights for private money let two carbon billionaires buy blocking power Now under his hand due to Citizens United, Americans for Prosperity’s (AFP) President, Tim Phillips, called off Koch-funded Congressmen from the debt ceiling debate As America marks the<span class="ellipsis">&#8230;</span><div class="read-more"><a href="http://kochcash.org/the-kochs-and-congress-as-citizens-united-marks-three-years/">Read more &#8250;</a></div><!-- end of .read-more -->]]></description>
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<div><em>Now under his hand due to Citizens United, Americans for Prosperity’s (AFP) President, Tim Phillips, called off Koch-funded Congressmen from the debt ceiling debate</em></div>
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<div>As America marks the three-year anniversary of the US Supreme Court’s decision on <em><a title="citizens united" href="http://www.commoncause.org/site/pp.asp?c=dkLNK1MQIwG&amp;b=5435601" target="_blank" rel="citizens united">Citizens United</a></em>, a front page article in yesterday&#8217;s <a title="FT article link" href="http://www.ft.com/intl/cms/s/0/fdb387d4-5f3b-11e2-be51-00144feab49a.html#axzz2INJzRMNc" target="_blank" rel="FT article link"><em>Financial Times</em></a> revealed the full impact of Charles and David Kochs&#8217; influence over American democracy.  The Kochs’ “hardliner” activist group, <a title="AFP link in text" href="http://americansforprosperity.org/newsroom/afp-will-fight-for-real-spending-cuts/" target="_blank" rel="AFP link in text">Americans&#8217; for Prosperity</a> (AFP), is now “urging Republicans to show restraint during debt ceiling negotiations,&#8221; signaling that Koch-funded elected officials will no longer block a deal to increase the debt.</div>
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<div>By allowing an agreement that thereby avoids a crash of the US economy, the Kochs’ stark display of blocking power in the US Congress is a stunning statement on the role of private money in policymaking today.  Such control of Congress was not possible three years ago, but <em><a title="story of citizens united" href="http://www.youtube.com/watch?v=k5kHACjrdEY" target="_blank" rel="story of citizens united">Citizens United</a></em> changed that.</div>
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<div><em>Supreme Court Justices Scalia and Thomas embody the legal expression of the Kochs’ “economic freedom” agenda.</em></div>
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<div>IFG’s <a title="original concerns" href="http://kochcash.org/wp-content/uploads/2012/12/ifg_report.pdf" target="_blank" rel="original concerns">original concerns</a> about the Kochs came from our work to prevent a global climate catastrophe, but now we see that their undue influence cuts across the entire American political landscape. Never before in American history have so few individuals exerted so much influence over so many Members of Congress, especially two billionaire ideologues bent on advancing an extremist agenda they call “<a title="economic freedom link" href="http://www.economicfreedom.org" target="_blank" rel="economic freedom link">economic freedom</a>.”</div>
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<div><a title="kochcash" href="http://www.kochcash.org" target="_blank" rel="kochcash">Koch cash</a>—super-powered by the <em>Citizens United</em> decision—has basically bought the Kochs the rights to make the rules. Or at least to block any rules they don’t like.  We wonder if they will be so flexible when it comes to regulating carbon, the very basis of Kochs’ combined networth ($80.2B), which now exceeds that of the world’s wealthiest man, Carlos Slim ($71.8B).</div>
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<div><em>David Koch, AFP Board Chair, praised AFP field organizers for their state-by-state turn out of Tea Party activists.</em></div>
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<div>While we intensify our work to protect the climate, and to expand sustainable economic frameworks worldwide, IFG is also joining broader efforts to <a title="deepen" href="http://www.globalexchange.org/blogs/peopletopeople/2013/01/16/beyond-personhood-why-corporations-love-the-constitution-more-than-you-do/" target="_blank" rel="deepen">deepen</a> American democracy, such as the new <a title="democracy initiative" href="http://www.motherjones.com/politics/2013/01/democracy-initiative-campaign-finance-filibuster-sierra-club-greenpeace-naacp" target="_blank" rel="democracy initiative">Democracy Initiative </a>and also this weekend’s national day of action on <em>Citizens United</em>, with <a title="money out voters in" href="http://www.moneyoutvotersin.org/" target="_blank" rel="money out voters in">Money Out-Voters In</a>.</div>
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<div>As the single largest source of private money polluting democracy today, the Kochs are attracting attention from a growing group of activists who see solutions in dealing directly with their real sources of power.  That includes reducing the rights of private money in policymaking by a new <a title="constitutional amendment" href="https://movetoamend.org/" target="_blank" rel="constitutional amendment">constitutional amendment </a>and <a title="publicly funded elections" href="http://www.publicampaign.org/fair-facts" target="_blank" rel="publicly funded elections">publicly funded elections</a>.</div>
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<div>IFG&#8217;s efforts in 2013 to <a title="follow the flow" href="http://www.democracynow.org/blog/2012/12/18/video_kochtopus_map_of_the_billionaire_koch_brothers_influence" target="_blank" rel="follow the flow">follow the flow of these funds</a> are more urgent than ever, and any <a title="support link" href="https://npo.networkforgood.org/Donate/Donate.aspx?npoSubscriptionId=1217&amp;code=Web%20site%20home%20page" target="_blank" rel="support link">support</a> you can send to continue our efforts will be very much welcomed.</div>
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		<title>Koch Subsidiary Told Regulators It Has &#8216;Direct and Substantial Interest&#8217; in Keystone XL</title>
		<link>http://kochcash.org/koch-subsidiary-told-regulators-it-has-direct-and-substantial-interest-in-keystone-xl/</link>
		<comments>http://kochcash.org/koch-subsidiary-told-regulators-it-has-direct-and-substantial-interest-in-keystone-xl/#comments</comments>
		<pubDate>Wed, 16 Jan 2013 07:49:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Keystone XL]]></category>
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		<description><![CDATA[By Stacy Feldman, InsideClimate News&#160; &#8220;A document filed with Canada&#8217;s Energy Board appears to cast doubt on claims by Koch Industries that it has no interest in the controversial pipeline&#8230;&#8221; Read the full article HERE]]></description>
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<div id="node-11604"><a href="http://insideclimatenews.org/author/stacy-feldman">By Stacy Feldman, InsideClimate News</a>&nbsp;</p>
<p>&#8220;A document filed with Canada&#8217;s Energy Board appears to cast doubt on claims by Koch Industries that it has no interest in the controversial pipeline&#8230;&#8221;</p>
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<div>Read the full article <a href="http://insideclimatenews.org/news/20111004/koch-brothers-koch-industries-flint-hills-financial-interest-canada-energy-board-keystone-xl-pipeline?page=4">HERE</a></div>
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		<title>Koch Brothers&#8217; Activism Protects Their 50-Year Stake in Canadian Heavy Oils</title>
		<link>http://kochcash.org/koch-brothers-activism-protects-their-50-year-stake-in-canadian-heavy-oils/</link>
		<comments>http://kochcash.org/koch-brothers-activism-protects-their-50-year-stake-in-canadian-heavy-oils/#comments</comments>
		<pubDate>Wed, 16 Jan 2013 07:21:35 +0000</pubDate>
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		<description><![CDATA[By David Sassoon, InsideClimate News May 10, 2012 Long involvement in Canada&#8217;s tar sands has been central to Koch Industries&#8217; evolution and positions the billionaire brothers for a new oil boom. Read the full article HERE]]></description>
				<content:encoded><![CDATA[<div id="attachment_387" class="wp-caption alignleft" style="width: 310px"><a href="http://kochcash.org/wp-content/uploads/2013/01/land-holding-map.png"><img class="size-medium wp-image-387 " alt="Detail from a 2009 map of oil sands leases and facilities south of Fort MacMurray, Alberta, Canada. Scale: 1 inch = 10 Kilometers. Source: Terracon Group" src="http://kochcash.org/wp-content/uploads/2013/01/land-holding-map.png?w=300" width="300" height="233" /></a><p class="wp-caption-text">Detail from a 2009 map of oil sands leases and facilities south of Fort MacMurray, Alberta, Canada. Scale: 1 inch = 10 Kilometers. Source: Terracon Group</p></div>
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<div id="authoredBy"><strong><a href="http://insideclimatenews.org/author/david-sassoon">By David Sassoon, InsideClimate News<br />
</a></strong></div>
<div><strong>May 10, 2012</strong></div>
<p>Long involvement in Canada&#8217;s tar sands has been central to Koch Industries&#8217; evolution and positions the billionaire brothers for a new oil boom.<br />
Read the full article <strong><a href="http://insideclimatenews.org/news/20120510/koch-industries-brothers-tar-sands-bitumen-heavy-oil-flint-pipelines-refinery-alberta-canada">HERE</a></strong></p>
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