Oil Companies and Special Interests Spend Half a Billion Dollars to Defeat US Clean Energy – Study

“Big oil companies and other special interests have spent millions of dollars in lobbying and campaign contributions to defeat clean energy and global warming legislation, according to a new analysis released today by the Center for American Progress Action Fund.

The study “Dirty Money” found that the top 35 spending companies and trade associations invested more than $500 million in lobbying and campaign contributions from January 2009 to June 2010 to defeat clean energy legislation. This political pressure spending convinced enough senators to oppose clean energy measures that would have created jobs, reduced oil use, and cut global warming pollution.”

[Source: The Center for American Progress Action Fund is the sister advocacy organization of the Center for American Progress. ]

My Articles on same topic:

Oily Politics of Influence: 3 of 4 oil and gas lobbyists used to work for US govt

Every Day Governments Give an Estimated $2 billion to Oil, Coal & Gas Industry

Fossil Fuel Subsidies Are 12X (more like 20X) Support for Renewables, Study Shows

New $Billion Cash Hand Out To Fossil Fuel Companies Under ‘Green’ Economic Stimulus Plans