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Calif. anti-climate campaign got virtually all its money from three oil companies

Posted on October 6th, 2010 at 14:14 by John Sinteur in category: News -- Write a comment

[Quote]:

With major contributions from the oil industry, supporters of a ballot initiative to suspend California’s landmark greenhouse gas emissions law reported a fundraising tally Tuesday of more than $5.2 million in the past three months.

The numbers disclosed by the Yes on 23 campaign revealed the continued backing of three out-of-state oil companies — Valero Corp. and Tesoro Corp. of Texas, and Flint Hills Resources, a Wichita, Kan.-based company owned by Koch Industries.

The companies contributed a combined $5 million during the period ending Sept. 30.

In all, the campaign has raised $8.3 million during the first nine months of the year and has $3.1 million remaining cash on hand.

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