Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog
Share for a Cause











Koch Industries Destroys the Environment and Funds Climate Denial

Guest post by: Richard Matthews

Article Overview: Koch Industries is the second largest privately held company in America and as revealed by Greenpeace they are guilty of crimes against the environment as well as being a leading supporter of climate denial groups. Their diversified holdings are a virtual top ten list of the most environmentally destructive sectors of the economy they are also pouring almost $50 million dollars per year into climate denial misinformation.

Free Download - The State of the Sustainable Furniture Industry By Richard Matthews
Name: Email:

Koch Industries Destroys the Environment and Funds Climate Denial

Koch Industries is the second largest privately held company in America and as revealed by Greenpeace they are guilty of crimes against the environment as well as being a leading supporter of climate denial groups. Koch industries has a dismal environmental record and to add insult to injury, they are pouring almost $50 million dollars per year into climate denial misinformation.

Koch Industries is a conglomerate of more than twenty companies with $100 billion in annual sales, operations in nearly 60 countries, and 70,000 employees. Their diversified holdings are a virtual top ten list of the most environmentally destructive sectors of the economy, they include petroleum refining, fuel pipelines, coal supply and trading, oil and gas exploration, chemicals and polymers, fertilizer production, ranching and forestry products and cattle.

In addition, Koch Industries has held multiple leases on Alberta's polluting tar sands as well as pipelines that carry tar sands crude from Canada into Minnesota and Wisconsin where Koch's Flint Hill Resources owns oil refineries.

Koch Industries work to delay policies and regulation aimed at stopping global warming has been exposed. As revealed by Greenpeace's successful campaign against Trader Joe's, the public will no longer countenance environmentally insensitive businesses. Koch Industries ownership of Lycra and Stainmaster carpets, are just two of their holdings that are vulnerable to social action.

Related Articles
  Koch Industries Financing Climate Denial
  Koch Industries' Environmental Crimes
  Denial Is More Than Just A River In Egypt
  SME's - major external reason for failure
  The Foxes in the Henhouse: Republicans in Charge of Climate and Energy Committees
  The Denial Lens Is Not Good For Small Business
  Earth Day 2010: Life and Death Decisions for Business
  The Passage of Health Care Legislation and Implications for the Environment
  Elder Caregiving: How to Help Family Members with Denial
  What is the Difference Between Weather and Climate?
  Managing and Maintaining Performance
  "The Truth About Coming Out of Denial"
  Kubler-Ross - How to Deal With the Pain of Change - The Change Roller Coaster
  Climate Scientist Cleared: Deniers Deprived of Misinformation Strategy
  Motivating Employees in the Workplace
  Climate Counts: Businesses Combating Climate Change
  MIND TRAP: Ignoring the Evidence
  The Social Value of Business
  Earth Day and Social Media
  Are Balanced Funds Really Balanced?

Home > Going-Green > Richard Matthews > Koch Industries Destroys the Environment and Funds Climate Denial >
Article Tags: business, chemicals, climate denial, Coal, deniers, direct action, Koch Industries, Misinformation, Oil, social action, sustainable business, Tar sands

About the Author: Richard Matthews
RSS for Richard's articles - Visit Richard's website

Richard Matthews is a consultant, eco-entrepreneur, sustainable investor and writer. He is the owner of THE GREEN MARKET, one of the Web's most comprehensive resources for information and tools on sustainability. He is also the author of numerous articles on sustainable positioning, green investing, enviro-politics and eco-economics.

Click here to visit Richard's website
Dashed Line

The Green Market:  Convergence of Sustainable Capitalism and the Global Environment
More from Richard Matthews
Republican Gubernatorial Gains and US Carbon Trading Programs
Republican Gubernatorial Gains and Redistricting
Mobile Electronics are Driving Demand for Lithium
Climate Counts Businesses Combating Climate Change
At Target Everyday is Earth Day


Related Forum Posts
Re: Best Month For Getting Financed? Re: Best Month For Getting Financed? - Let me suggest that May/June are the best months to inquire about funding and investment. Once tax season is over, banks and investors have plenty of budgeted or reserved funds waiting for commercial clients. Funds start to become limited around Labor Day!
Hello Hello - Hello All, I would just like to introduce myself. My name is Ryan and I run a successful defence contracting company in Canada called Holter Industries. I've been looking for a place to discuss and learn new ideas from other entrepreneurs when I stumbled on this site. I look forward to sharing and learning new things from your community here. Thank you for having me.
Seek Venture Capital & Funding Seek Venture Capital & Funding - Hello, Greetings from India. I am Seeking Venture Capital for Offshore Software Company Start-up. Need advise along with Business Model Sample. I have a basic outline for an offshore company. 1. Technology - like Microsoft Dot Net, Java, LAMP 2. Talent Team - Found Good Technology Developers. 3. Where I can get the leads/potential customers - Leads have been identified who are willing to move forward offshore projects. 4. I do not have resources like funding. It is a very critical factor to me Industries: Manufacturing, Real Estate, Retail, Insurance, Distribution & Logistics, Healthcare, Industry Associations and Software Product Development, Agricultural Industries and Etc. Services: Offshore Software Development Company. Offices to be located: Hyderabad, Andhra Pradesh, India and USA. Products/Services/Applications in areas like POS & Billing, Sales & Distribution, Production Planning, Material Management, Inventory Control, Plant Maintenance, Purchasing, Accounting and Logistics. Dynamic Web Programming with Database Driven Content Management Systems, Online Stores for E-Commerce, B2B Solutions, Community Portals, Website Redesign and Development, Custom ERP with Enterprise Wide Functional Modules such as Marketing, CRM, Accounting, Inventory Control, Sales & Distribution, Production Planning, Purchase & Stores, Logistics and Supply Chain. Seek your further questions and help. Thank you, Best Regards, Jayapratap.
Different Types of Funding Different Types of Funding - Finance for business can be obtained through a number of different sources. Let's review some of those channels to help you decide what's right for your business needs: Grants There are over 930 different EU and UK grants and loans available from over 100 issuing bodies. This is the cheapest form of finance and an important part of the funding package that companies and individuals need. We can help you find your way through this maze. Technology Micro Projects: 50% of eligible costs up to £20,000 Research project: For a technical and feasibility study of an innovative idea for new technology 60% of costs up to a grant of £75,000. Development project: For development up to pre production 35% of costs up to a grant of £200,000 Developing an innovative idea: valuable for small companies and individuals at the start of a technical project: 75% of costs of hiring a mentor and consultants. Export To start exporting or moving into new markets grants of 50% of costs up to £20,000 each. Training and Education Knowledge Transfer Partnerships, Achieving Best Practice in Your Business, Investors in People Modern Apprenticeships New Deal for various grants. Environment BOC Foundation for the Environment: 25% to 50% of Project cost, typically £20,000 to £100,000 Clean up Fund: Emission reducing equipment up to 75% of cost Community Chest Fund: Up to £25,000 for projects near active SITA sites High Impact Fund: £150,000+ for larger projects near SITA sites Assisted Areas Regional assistance grants of between 10 and 35% for capital expenditure in less favoured areas of the UK. Loans Loans are an excellent source of finance if you have suitable security to borrow against or a reliable earnings stream. This needs to be planned and presented well to obtain funds. Credit cards Provides up to 56 days free credit if you play the game! Overdraft Banks are surprisingly supportive when presented with a well thought through plan and competent management. Bank Loans Lenders tend to look for a good business plan and security. Typically the loan is approved by a centralised back office function rather than the person you meet. Terms and rates depend upon the risk. Repayments can be very flexible to meet your specific needs. Mortgages These can include flexible repayment terms to meet your business needs. This can even be incorporated into your overdraft finance so that you have one flexible account for both personal/ business mortgages and overdraft Small Firms Loan Guarantee Scheme Up to two years trading: Up to £100,000 Over two years trading: Up to £250,000 However these are difficult to obtain and are a loan of last resort. Export Guarantee Scheme This is government backed insurance against appropriate export documentation. Mezzanine This is a halfway house between loan and equity. It can be an innovative way of raising funds for the more established business. Mostly for expansion capital. Equity This is not as easy as the papers would have you know. Only 1% of business plans received by Venture Capital Funds are successful. However, a good business proposition consisting of a strong demand for the product or service, management track record and a sound financial plan will enhance the chance of success. Business Angels These are high net worth individuals who are successful businessmen looking for investment opportunities. They can provide both time expertise and money. Typical investment size is £25,000 to £250,000 but can go as high as £2m for the right opportunity. Exit within 3-5 years. Venture Capital These are investment funds seeking high rates of return. However typically investments are over a million pounds. Some funds are targeted at lower amounts depending upon the sector and region. These funds are looking for exponential capital growth over 3-5 years. Asset backed finance This can cover machinery, sales invoices even sales orders. It can be a very flexible source of finance to the growing business Leasing This will cover your capital expenditure and spread the cost over a three to five year period. It is particularly useful if you do not have taxable profits to maximise your capital allowances. Sale and leaseback of a property you own is another good source of funds. Factoring Factoring offers a sales ledger administration and debt collection service. Up to 95% of an approved sales invoice is paid within 48 hours, quicker if required. Credit protection is also available to protect against a bad debt. The Factor will own and place a first charge over the book debts and they might also take other charges, depending upon the strength of the financial information. Invoice discounting Invoice Discounting can be Confidential or Disclosed; it depends upon the strength of the financial information. The service is the same as Factoring, except that the sales ledger administration and the debt collection is the responsibility of the client and not the Factor. Pre payment of the approved sales invoice is still up to 95% and the factor will still have a first charge on the book debt and therefore own the debt. This service can also have credit protection cover. All sales invoices need to be for a business to business debt, and some proof of delivery is generally required. Trade Finance This is funding provided against stock purchases, signed contracts and orders whereby the funder will prepay a certain percentage of the value Pension fund It may be possible to use your pension funds for a loan back to the business What do u think about it?
You can do this without financing your business with it You can do this without financing your business with it - If you are leaving your present employment or have retirement funds from a previous employer, you can rollover those retirement funds without any penalites or taxes involved (into your own business) rather than leaving them in someone elses business. You do not have to finance your business with your retirement to do this. Here's how it works: Our resources form a C corporation for your new business, your C-corporation creates a new retirement plan. Funds from the existing retirement plan are rolled into your corporations new reitrement plan and your new retirement plan purchases stock of your corporation. The program is IRS approved! Contact me if you are interested. FYI- This program has also been helpful for people obtaining an SBA loan for their franchise or Acquisition, because they can obtain the loan down payment for the loan from the rolled retirement funds (without penalties or taxes) rather than financing the entire business themselves. Contact us!


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

The Pure FUN of Learning & Using NLP

Setting Goals for your Home Based Business

Angel Investors Where Are You?

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.