Mr. Monbiot tells us that James Inhofe is entirely bought by oil and gas contributions to his re-election camaigns.
Which he might be, for sure. But George sends us to the actual numbers.
Koch Industries contibuted $44k out of $6 million total. Oil and gas was $500 k out of that $6 million. Yes, significant sums but then:
For people like the Kochs, Murray Energy and Harold Clark Simmons, the money they give to politicians is small change. For environmental campaigns, contributions of this size would break the bank. The money available to big business means that there will always be a massive asymmetry of this kind in the potential for political funding. As a result, a political system which imposes no effective cap on campaign finance leads inexorably to plutocracy: governance on behalf of the richest people and corporations.
That, I\’m afraid, is entirely bollocks. What\’s the annual budget of the WWF? Sierra Club? Greenpeace? (that last is $500 million a year alone isn\’t it?).
Note that the eeeevil fossil fuels lobby has spent $500k over 7 years on Inhofe. At those sort of rates the environmental organisations can buy the entire Senate and still have cash left over for tea and buns.
I\’m sorry, but this talk of the massive amount of money being distributed by the oil and gas industry is simply nonsense. Because it\’s not looking at the much larger sums available to the other side of the same argument.