Charles Koch Linked To Creation Of Fossil Fuel-Defending Nonprofit

Posted by Mike Confino, September 9, 2014

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Documents uncovered by Republic Report link billionaire Charles Koch to the formation of a nonprofit that would later become the Institute for Energy Research, an active player in Washington policy debates.

IER, also a nonprofit, describes its mission as providing “intensive research and analysis about American energy.” It’s known for advocating against tax subsidies for renewable energy and the Environmental Protection Agency’s new rules on greenhouse gas emissions from power plants. It’s highly critical of policies that would be bad for oil, gas and coal interests — which, of course, are the source of much of Koch’s immense wealth. And its political arm, the American Energy Alliance, has run ads attacking President Barack Obama and other politicians for their energy policies.

via Charles Koch Linked To Creation Of Fossil Fuel-Defending Nonprofit: Report.