Monday, April 12, 2010

Koch Industries Destroys the Environment and Funds Climate Denial

Koch Industries is the second largest privately held company in America and as revealed by Greenpeace they are guilty of crimes against the environment as well as being a leading supporter of climate denial groups.

Koch industries has a dismal environmental record and to add insult to injury, they are pouring almost $50 million dollars per year into climate denial misinformation.

Koch Industries is a conglomerate of more than twenty companies with $100 billion in annual sales, operations in nearly 60 countries, and 70,000 employees. Their diversified holdings are a virtual top ten list of the most environmentally destructive sectors of the economy, they include petroleum refining, fuel pipelines, coal supply and trading, oil and gas exploration, chemicals and polymers, fertilizer production, ranching and forestry products and cattle.

In addition, Koch Industries has held multiple leases on Alberta's polluting tar sands as well as pipelines that carry tar sands crude from Canada into Minnesota and Wisconsin where Koch's Flint Hill Resources owns oil refineries.

Koch Industries work to delay policies and regulation aimed at stopping global warming. As revealed by Greenpeace's successful campaign against Trader Joe's, the public will no longer countenance environmentally insensitive businesses. Koch Industries' ownership of Lycra and Stainmaster carpets are just two of their holdings that are vulnerable to social action.

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