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Congressional Energy Chairs Form Fundraising Committee, Rake In Oil, Gas Cash As They Push Bills For Fossil Fuel Industry
Key Excerpts from Article on Website of New York Times
Posted: May 8th, 2016
http://www.ibtimes.com/congressional-energy-chairs-form-fund...
The fossil fuel industry had already managed to shape a bill moving rapidly through Congress last summer, gaining provisions to ease its ability to export natural gas. But one key objective remained elusive: a measure limiting the authority of local communities to slow the construction of pipelines because of environmental concerns. Then, U.S. Rep. Fred Upton ... who chaired the House Energy Committee, gave the industry an opportunity to amplify its influence. Joining forces with Sen. Lisa Murkowski ... who chaired the Senate Energy Committee, he launched a so-called joint fundraising committee, a campaign war chest that would accept donations from a range of contributors, with the proceeds divided between the two lawmakers. Executives at one of the nations largest natural gas pipeline companies soon deposited more than $80,750 into the joint funds coffers. The very next day, Upton delivered on the industrys aspirations: He rushed a bill through his legislative panel that would not only streamline the approval process for new pipelines but also empower federal officials to impose tight deadlines ... to review their potential environmental impacts. While joint fundraising committees have been a part of politics for decades ... the Murkowski-Upton committee stands out as a uniquely explicit means of influencing legislation, say campaign finance experts, because it ... gives the oil and gas industry an opportunity to write one check knowing the proceeds are reaching the leaders of the two panels that write the rules regulating their business.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.
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