Oil industry anti I-1631 campaign hits $25.87 million, a spending record
The petroleum industry has set a fundraising record in Washington initiative battles, having taken in $25.87 million in its campaign to defeat Initiative 1631, which would impose a carbon fee on emissions from the state's major polluters.
A $3 million boost in spending is largely due to an influx of cash from BP America, one of the major oil companies operating refineries in the state. Phillips66, formerly the led donor, has given $7.20 million, followed by Andeavor (the former Tesoro) at $4.3 million.
Supporters of the carbon fee have raised over $12 million, or half of what Big Oil has put into defeating the measure. Its backers include businesses such as Microsoft, the American Lung Assn., Gov. Jay Inslee, environmentalist and labor leaders.
The latest infusion to the "Yes" side is a $1 million donation from former New York Mayor Michael Bloomberg. Microsoft cofounder Bill Gates has donated $1 million.
https://www.seattlepi.com/local/politics/article/Oil-industry-anti-I-1631-campaign-hits-25-87-13324938.php?utm_source=newsletter&utm_medium=email&utm_campaign=dailynewsletterspi&utm_term=spi
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