Saturday, January 25, 2014

Kochs and the Keystone XL Pipeline - 100 BILLION IN PROFIT FOR THE KOCHS

100 BILLION in Profits for the Kochs.
Building Keystone XL Pipeline Could Mean Roughly $100 Billion in Profits for the Koch Brothers, New Report Reveals.
The owners of Koch Industries, Charles and David Koch, will benefit should President Obama allow the Keystone XL Pipeline to be built. In recent years it has been reported that the Kochs hold up to 2 million acres in Alberta, could earn roughly $100 billion in profits from the project, and have spent more than $50 million on congress and think tanks that heavily push for the pipeline.
The Kochs have long been one of the largest players in the tar sands region of Alberta, Canada. The report connects the Kochs’ 50 year history and large footprint in the Canadian tar sands to the current debate about the pipeline. Since the Kochs are big players, it stands to reason they will be big winners when the pipeline gets built. IFG crunched the numbers and puts forth a compelling answer to why the Kochs have used their influence networks to push for fast-tracking of pipeline – $100 billion in potential profits.

http://kochcash.org/just-released-billionaires-carbon-bomb/

No comments: