A little perspective on expendable revenue
The Washington Examiner recently published an article describing the expendable revenues available to fossil fuel producers vs. the green industry (environmental groups). This is definitely an interesting read as we are routinely told that the green industry is engaged in a David vs. Goliath battle, with “big oil” (as one example) rolling in expendable cash and the greens acting as selfless, self-supporting grass roots activists.
The reality is far different from that popular myth.
Behemoth Big Green outstrips Big Oil in expendable revenue by orders of magnitude — if you know how to follow the money.
The mainstream media don’t know how. Like most liberals, their staffs are afflicted with what 20th century futurist Herman Kahn called “Educated Incapacity” — the learned inability to understand or even perceive a problem, much less a solution.
They’ve been taught to be blind, unable to see Big Green as having more disposable money than Big Oil, so they don’t look into it. …
Washington-based environmental policy analyst Paul Driessen, … said, “U.S. environmental activist groups are a $13-billion-a-year industry — and they’re all about PR and mobilizing the troops. …
Driessen then identified the most-neglected of all money sources in Big Green: “The liberal foundations that give targeted grants to Big Green operations have well over $100 billion at their disposal.”
That figure is confirmed in the Foundation Center database of the Top 100 Foundations. But how much actually gets to environmental groups? The Giving USA Institute’s annual reports show $80,427,810,000 (more than $80 billion) in giving to environmental recipients from 2000 to 2012.
I engaged in a similar discussion in my American Coal article, “When the Ends Justify the Means” (in Issue 1, 2012). In that article, I described how the Sierra Club and other green groups accepted over $26 million in funding from one natural gas producer to fund their “Beyond Coal” campaign.
In a more recent CoalBlog post, I described how leaked Sierra Club documents showed the group had over $150 million in expendable cash to spend on just that same anti-coal campaign.
Readers who are seriously interested in abandoning any remaining forms of “educated incapacity” should read the Washington Examiner article and learn about where the real money and influence lies.