The Chamber’s Foreign Oil Money

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As we reported earlier, European companies are using political action committees to spend quite a bit on lawmakers who have blocked climate legislation in the Senate. But as Wonk Room reported over the weekend, foreign oil and gas interests have also directed quite a bit of cash to the US Chamber of Commerce, which is running a $75 million campaign focused on ousting congressional Democrats.

Wonk Room notes that a number of foreign oil and gas companies pay their member dues to the Chamber of Commerce’s 501c(6) account, which is the same account that funds its political ads. Those ads have included attacks on Democratic incumbents for supporting the House cap-and-trade bill (a.k.a. the “job-killing energy tax”)—folks like Joe Sestak (D-Penn.), a House member currently running for Senate, and Reps. Alan Grayson (D-Fla.) and Betsy Markey (D-Colo.). Among the groups paying into this electoral war chest, and the interests they represent:

– Avantha Group, India (at least $7,500 in annual member dues): power plants
– The Bahrain Petroleum Company, Kingdom of Bahrain ($5,000): state-owned oil campany
– Gulf Petrochemical Industries Company, Kingdom of Bahrain ($5,000): state-owned oil company
– Essar Group, Mumbai, India ($7,500): oil & gas, coal power
– GMR, Bangalore, India ($15,000): coal power, mining
– Hinduja Group, London, UK ($15,000): the Gulf Oil group
– Jindal Power, New Delhi, India ($15,000): coal power
– Lahmeyer International, Frankfurt, Germany ($7,500): power plant engineering
– Punj Lloyd, Gurgaon, India ($15,000): offshore pipelines
– Reliance Industries, Mumbai, India ($15,000): oil and gas, petrochemicals
– SNC Lavalin, Montreal, Canada ($7,500): mining, power plant, and oil & gas engineering
– Tata Group, Mumbai, India ($15,000): power plants, oil & gas
– Walchandnagar Industries, Mumbai, India ($7,500): power plant, oil & gas engineering
– Welspun, Mumbai, India ($7,500): oil & gas exploration

The Supreme Court’s decision earlier this year in Citizens United has allowed the Chamber and other interest groups to spend unlimited amounts of money on elections without disclosing their donors. Democrats have latched onto the idea that the decision has also allowed groups like the Chamber to funnel foreign money into our elections, unbeknowst to the average citizen. The Chamber says it has accounting methods in place to separate the money and ensure that these funds from other countries aren’t being spent on US elections, and as my colleague Nick Baumann pointed out earlier this month, the amount of domestic money pouring through the Chamber is probably a bigger concern anyway than the relatively small total from foreign corporations. But the money flowing into the Chamber’s coffers from overseas is worth pointing out, as these oil and gas interests clearly have good reason to want to sway debate over climate and energy in the US.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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