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Spokane, Washington  Est. May 19, 1883

Down To Earth

Study shows Koch brothers could make $100 billion on Keystone XL pipeline

A report called Billionaires Carbon Bomb about the Koch Bros? Go figure!

This study shows how the Koch Industries and its subsidiaries stand to make as much as $100 billion in profits if the controversial Keystone XL pipeline is approved. It was produced by the think tank International Forum on Globalization (IFG) and finds Koch Industries own more than 2 million acres of land in Northern Alberta. Yep, that is the source of the tar-sands oil that will be pumped to the United States from the Keystone XL pipeline.

“The Kochs have repeatedly claimed that they have no interest in the Keystone XL Pipeline, this report shows that is false," said Nathalie Lowenthal-Savy, an IFG researcher. “We noticed Koch Funded Tea Party members and think tanks pushing for the pipeline. We dug deeper and found $100 billion in potential profit, $50 million sent to organizations supporting the pipeline, and perhaps 2 million acres of land. That sounds like an interest to me.” Nathalie continued, “We all know they will use that money to fund and expand their influence network, subvert democracy, crush unions like in Wisconsin, and get more extremists elected to congress.”

You download a PDF copy of the study at “Billionaires’ Carbon Bomb: The Koch Brothers and the Keystone XL Pipeline.”



Down To Earth

The DTE blog is committed to reporting and sharing environmental news and sustainability information from across the Inland Northwest.