Most Americans have never heard of Koch Industries, one of the largest private corporations in the country, because it has no Koch-branded consumer products, sells no shares on the stock market and has few of the disclosure requirements of a public company. Although Koch intentionally stays out of the public eye, it is now playing a quiet but dominant role in a high-profile national policy debate on global warming. Koch Industries has become a financial kingpin of climate science denial and clean energy opposition.
This private, out-of-sight corporation is now a partner to ExxonMobil, the American Petroleum Institute and other donors that support organiza- tions and front-groups opposing progressive clean energy and climate policy. In fact, Koch has out-spent ExxonMobil in funding these groups in recent years. From 2005 to 2008, ExxonMobil spent $8.9 million while the Koch Industries- controlled foundations contributed $24.9 million in funding to organizations of the ‘climate denial machine’.
The company’s tight knit network of lobbyists, former executives and organizations has created a forceful stream of misinformation that Koch-funded entities produce and disseminate. This campaign propaganda is then replicated, repackaged and echoed many times throughout the Koch-funded web of political front groups and think tanks. On repeated occasions documented below, organizations funded by Koch foundations have led the assault on climate science and scientists, “green jobs,” renewable energy and climate policy progress (click here to see more of Koch’s web of dirty money and influence).