New Study: Koch's Could Make $100 Billion on Keystone XL Pipeline Deal

[kgrandia]

Yah know, b/c it makes perfect sense for Pres. Obama to approve a pipeline that his largest political enemies will make $100 billion off of.

A new study released today concludes that Koch Industries and its subsidiaries stand to make as much as $100 billion in profits if the controversial Keystone XL pipeline is given the go-ahead by U.S. President Obama.

The report, titled Billionaires’ Carbon Bomb, and produced by the think tank International Forum on Globalization (IFG), finds that David and Charles Koch and their privately-owned company, Koch Industries, own more than 2 million acres of land in Northern Alberta, the source of the tar sands oil that will be pumped to the United States via the Keystone XL pipeline.

IFG also finds that more than 1,000 reports and statements in support of the Keystone XL pipeline project have been made by policy groups and think tanks that receive funding from the Koch brothers and their philanthropic foundations.

http://my.firedoglake.com/kevingrandia/2013/10/20/new-study-kochs-could-make-100-billion-on-keystone-xl-pipeline-deal/

[BrotherIvan]

1. It MUST be defeated

That is the end of the game. If it goes through, then we are well and truly fucked in this country for so many reasons.

[pscot]

3. They must be defeated

These guys need to be publicly shunned. They're socially ambitious. They fund Opera and arts orgs so their wives will have a place to glitter. No one as dirty as the Kochs should be able to flaunt themselves in public without being called out. People should be embarrassed to be seen with them.

[gopiscrap]

2. Greedy fuckers

[Joe Shlabotnik]

4. To the Greatest Threads page with thee n/t

[pa28]

5. Yet another great reason to stop Keystone XL. n/t