Articles By Derek Seidman, LittleSis
Upper-level employees and executives at 14 hedge funds and private equity firms that are propping up the oil and gas industry have made large contributions to eight Democratic White House hopefuls, most who have taken the No Fossil Fuel Money Pledge.
Pence will attend the Delivering Alpha conference along with hedge fund billionaires tied to some of the gravest problems humanity faces today.
Despite almost all Democratic candidates signing onto the No Fossil Fuel Pledge, oil and gas executives and lobbyists, and other executives with clear interests tied to fossil fuel companies, are finding ways to give money to candidates.
Backed by top global corporate powerhouses, the plan is driven by an industry-friendly logic firmly within the bounds of the neoliberal imagination.
In 2018, fossil fuel-tied corporations that are driving our climate crisis disproportionately benefited from paying no federal income taxes.
BofA is advising oil giant Occidental Petroleum on its attempted takeover of Anadarko. If they can help close the deal, the bank will rake in tens of millions of dollars in advisory and service fees.