1) Three billionaire donors who made fortunes in fossil fuels - David Koch, Paul Singer, and Charles Joyce - have given nearly half a million dollars to the New York Republican Party this year.
2) They have profited from dirty energy and funded climate denial efforts while blocking action on clean energy.
3) Now they are trying to influence Long Island elections by funding Republican politicians in order to ensure policies that continue benefiting fossil fuel industries at the expense of climate change action.
Web & Social Media Analytics Previous Year Question Paper.pdf
Climate conspiracy
1. A Billionaire Climate
Conspiracy…
Now Corrupting Elected
Officials on Long Island
First, their climate destroying policies and denial of climate change science
helped cause billions of dollars in damage on Long Island during Hurricane
Sandy.
Now, with Election Day just months away, three super-wealthy
individual donors who made huge fortunes in the multi-billion-dollar
fossil fuel industry are trying to buy Long Island’s elected officials.
2. According to campaign finance reports, almost half of the total
“housekeeping” funds raised by the New York State Republican Party
since the beginning of this year have come from only from three
individuals: oil industry billionaire David Koch, hedge-fund billionaire and
charter-school backer Paul Singer, and Charles Joyce, president of a
pipeline company and a proponent of fracking in New York state.1
These three wealthy donors have personally profited from dirty energy,
funded climate denials, and blocked action on climate that could lead us
to clean energy economy and create good jobs for Long Island.
Now they are taking over the state Republican Party to try to ensure the
reelection of Republican State Senators on Long Island so that fossil-fuels-
forever policies that will continue to line their pockets with profits while our
climate crisis continues to explode.
THE BILLIONAIRES' CLIMATE
CONSPIRACY...
● Personally profiting from dirty energy:
○ Paul Singer’s hedge fund, Elliott Associates, has more than
14% of its holdings invested in the energy sector, according to
recent SEC filings. Elliott’s fossil fuel company holdings
include: Hess Corporation, Centerpoint Energy, and Noble
1
http://www.nydailynews.com/news/politics/3-mega-donors-fund-nys-gop-article-1.2724148
3. Energy. Elliott’s shares in energy companies total more than
$1.1 billion combined.2
○ Charles Joyce is the president of Otis Eastern Service, LLC
which builds pipelines designed to transport oil and natural
gas.3
Joyce also serves as national committeeman for the New
York Republican Party.4
○ David Koch is the heir to the Koch Industries fortune, based on
refineries, chemicals, oil and gas trading and specialty
processing of high-carbon tar sands oil.5
● Funding climate denial:
○ The Koch Brothers have directed at least $88 million to 80
groups denying climate change science since 1997.6
○ Paul Singer is the chairman of the Manhattan Institute, a right
wing think tank with a history of giving voice to climate change
denialists.7
● Blocking action on clean energy:
○ Joyce has repeatedly defended fracking in New York state,
including holding a demonstration to “show how the clean the
water is when it comes out of the ground” in the Southern
Tier8
, appearing in person at county meetings to defend
2
http://hedgeclippers.org/hedgepapers/hedgepapers-no-28-hedge-funds-and-fossil-fuels
3
https://pgjonline.com/2013/09/06/charlie-joyce-born-and-raised-to-be-a-pipeliner/
4
http://newyork.gop/joyce
5
https://en.wikipedia.org/wiki/Koch_Industries
6
http://www.greenpeace.org/usa/global-warming/climate-deniers/koch-industries/
7
http://hedgeclippers.org/hedgepapers/paul-singer
8
http://www.wellsvilledaily.com/article/20120817/NEWS/308179987
4. fracking9
, and speaking out against Gov. Cuomo’s fracking ban
in 2014.10
○ In 2016, the New York State Assembly passed the “New York
State Climate and Community Protection Act, which was called
“The Nation’s Most Ambitious Climate Bill”11
Despite also
winning the support of a majority of State Senators, the bill was
not brought to the floor for a vote by the Republican
Leadership.
...NOW CORRUPTING POLITICIANS
ON LONG ISLAND:
● Funding a takeover of State GOP to advance fossil-fuels-
forever policies:
○ Almost half of the $663,706 total raised by the NY
State Republican Party in 2016 for its "housekeeping
account" has come from Koch, Singer, and Joyce.
○ David Koch gave the state Republican housekeeping
committee $100,000 on April 20, Paul Singer donated
$100,000, and Charles Joyce contributed $100,000,
while an LLC Joyce created donated another
$30,000.12
9
http://www.wellsvilledaily.com/article/20130226/NEWS/302269797
10
https://www.nysenate.gov/sites/default/files/hornell_evening_tribune_frackingban_A01_A07_0.pdf
11
http://thinkprogress.org/climate/2016/06/02/3784079/new-york-climate-bill/
12
http://www.nydailynews.com/news/politics/3-mega-donors-fund-nys-gop-article-1.2724148