Thomas Paine

Thomas Paine
"These are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman."

Saturday, 6 August 2016

Climate Change Deniers - Fossil fuel moguls are backing Trump with words, but not with donations

From the Guardian - the Trump campaign has seen dismal fundraising yields in the energy sector, seemingly due to nervousness about his policy and his volatile temperament.

"Shale oil billionaire Harold Hamm publicly lavished praise on Donald Trumpduring the Republican convention last month. Natural gas mogul T Boone Pickens is talking with pro Trump Super Pacs about providing help, including possibly writing a big check and hosting a fundraiser. And coal chieftain Robert Murray spearheaded a big fundraiser for Trump in late June in West Virginia.

But while Trump has garnered the endorsements of several leading fossil fuel chieftains and has often espoused pro-oil and coal rhetoric, his campaign and allied Super Pacs have seen dismal fundraising yields in the energy sector, seemingly due to nervousness about Trump’s thin policy statements and volatile temperament, as well as difficult times many big companies are going through, say veteran GOP energy operatives and analysts."

"Hamm did, however, introduce Trump to an elite group of oil and gas executives by inviting him to an event in late May in North Dakota, where the Republican candidate’s message of less regulation, overturning the climate change accord championed by the Obama administration and support for the Keystone XL pipeline seemed to win him some early support."

The full article can be read here.

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