Green groups rake in fossil fuel cash
< < Go Back
Who gets funded by Big Oil?
Green pressure groups. Surprised?
David Wojick reports at CFACT.org:
It is clear that Big Oil is spending at least a billion dollars on green stuff, which is a lot of green. There is no evidence that the skeptics are getting anything, but if some are it is trivial in comparison. Meanwhile Oil and Gas Climate Initiative is getting at least a billion and Environmental Defense Fund maybe many millions.
If you add in government spending, foundation funding, and purchases of government-mandated and subsidized renewable energy, the billions flowing to Green pressure groups and crony capitalists staggers the imagination.
When the Greens and the renewable energy magnates talk about reordering the world’s economy, what they really mean is reordering the cash you work for out of your pockets and into theirs.
Green propagandists like to say free market groups like ours are “in the pocket of Big Oil.” The real truth is that CFACT doesn’t receive even a dime from Big Oil. In fact, we receive less than 4% of our monies from the business community and are overwhelmingly funded by regular individuals like you who share a passion for individual freedom.
On the other hand, the big energy companies do pay billions to the Greens hoping to cash in on subsidies, gain competitive advantage, and appease the worst radicals. In doing this, they show themselves to be fools.
We should remind them of Winston Churchill’s sage advice:
“An appeaser is one who feeds a crocodile, hoping it will eat him last.”
More From CFACT: