Valero, Koch Industries fund fight against California clean energy and climate legislation
Valero Energy and Koch Industries subsidiary Flint Hills, neither of which are based in California, have invested millions in the industry attempt to suspend California's Global Warming Solutions Act (AB32). Texas-based Tesoro Corporation, another oil refiner, is also heavily invested in the fight.
As dirty energy influence peddlars are pulling the usual economic apocalypse arguments, a recently-released assessment concluded that not following California's plans to curb greenhouse gas emissions and implement clean energy would be the worse economic option.
Passing Proposition 23 would simply leave California more polluted and less prosperous, while oil executives and lobbyists would continue to rejoice at their personal profit at the expense of a healthy planet and healthy people.