Hillary Clinton Is Raking In Fossil Fuel Money At An Alarming Rate

authordefault
on

In speeches and press conferences, and occasionally in policy, the Democratic Party in the United States has always claimed the high ground on the issue of climate changeย and the need to move the country off oil, gas and coalย towards renewable energy. As a result, the fossil fuel industry has heavily backed Republican politicians for decades.

But the 2016 U.S. Presidential election has once again proven unique by every measure. Aย new report by The Wall Street Journal shows that Democratic nominee and former Secretary of State Hillary Clinton is pulling in far more money from the fossil fuel industry than her Republican opponent Donaldย Trump.

The report shows that, through July, Hillary Clinton has received almost three times as much campaign cash from fossil fuel employees than Trump, to the tune of about $525,000 compared to Trumpโ€™s $149,000. Her joint account with the Democratic National Committee has also received an additional $650,000 from fossil fuel executives andย employees.

Given Clintonโ€™s history with the fossil fuel industry, these contributions are less than surprising. During her tenure as Secretary of State, Clintonโ€™s staff was working with TransCanada to obtain approval of the controversial Keystone XLย pipeline.

Clinton has also declared fracked natural gasย a โ€œbridge fuelโ€ and she says that coal will play an important role in Americaโ€™s energy future. The coal comments were made just a few months after she proposed a $30 billion investment to retrain coal workers to work in the renewable energyย sector.

Her positions offer a clear picture as to why the dirty energyย industry may favor her, but those positions are still far more dangerous to the industry than those of Donaldย Trump.

After all, unlike Clinton, Trump still claims that climate change is a hoax, and he has made it clear that drilling and fracking and coal extraction will be increased under a Trump administration.

So if her opponent is friendlier to the fossil fuel industry, why the sudden shift from GOP to Democrats in campaignย spending?

The answer could have more to do with electability than with policy. The fossil fuel industry has fared exceptionally well under the Obama administration, and the policies are not likely to change under a Clinton administration, so the industry could possibly assumeย that Clintonโ€™s higher poll numbers give them a better chance of having a friend in the Whiteย House.

Still, this move to the Democratic presidential nominee is unprecedented, as The Hill pointsย out:

Since 1989, about 60 percent of the $500 million the industry spent on U.S. elections has gone to the GOP and its candidates, according to the CRP data provided to theย Journal.

And so far in the 2016 cycle, oil and gas executives and employees have spent some 90 percent of their $71 million in campaign contributions on Republicans โ€” those not named Trump โ€” according to theย Journal.

The interesting thing to note is that the Democratic Party is notย favored over the Republican Party, in general โ€”ย just with the Presidential candidates. House and Senate Republicans are still receiving the majority of oil and gas industryย contributions.

As it stands right now, fossil fuel money is going to Republicans over Democrats by a rate of almost 9 to 1. And since we know that Clinton leads Trump, the rest of this money is going to down-ballotย candidates.

So if the industry is certain of a Clinton victory โ€”ย if that is the reason they are favoring her โ€”ย then they must also feel certain that the Republican Party will retainย control of both the House and Senate, since thatโ€™s where their money isย going.

Studies have shown that individuals and companies that donate money to candidates are more likely to get private meetings with the politician once they get elected and that they are more likely to benefit from legislation sponsored by thatย politician.

If this trend holds, then America can expect aย future dominated by further fossil fuel pollution of our democracy, healthย and the climate.
ย 

Image via WND.com.

authordefault

Farron Cousins is the executive editor of The Trial Lawyer magazine, and his articles have appeared on The Huffington Post, Alternet, and The Progressive Magazine. He has worked for the Ring of Fire radio program with hosts Robert F. Kennedy, Jr., Mike Papantonio, and Sam Seder since August 2004, and is currently the co-host and producer of the program. He also currently serves as the co-host of Ring of Fire on Free Speech TV, a daily program airing nightly at 8:30pm eastern. Farron received his bachelor's degree in Political Science from the University of West Florida in 2005 and became a member of American MENSA in 2009.ย  Follow him on Twitterย @farronbalanced.

Related Posts

on

The elite agency has been going all out to win positive press for the hosts of the UN climate talks.

The elite agency has been going all out to win positive press for the hosts of the UN climate talks.
on

One of the sponsors of the UK pavilion has worked with major polluters to help them extract more oil and gas.

One of the sponsors of the UK pavilion has worked with major polluters to help them extract more oil and gas.
on

The Heritage Foundationโ€™s Project 2025 blueprint proposes sweeping anti-climate policies.

The Heritage Foundationโ€™s Project 2025 blueprint proposes sweeping anti-climate policies.
on

Former ExxonMobil climate scientist Lindsey Gulden: "It was after I was fired for reporting a garden variety fraud that I really sat back and thought about the implications for climate change."

Former ExxonMobil climate scientist Lindsey Gulden: "It was after I was fired for reporting a garden variety fraud that I really sat back and thought about the implications for climate change."