And like the Koch brothers, this millionaires' and billionaires' club stands to gain from the hazardous and unnecessary Keystone XL oil pipeline, which passed a critical assessment in Hillary Clinton's state department. The billionaire brothers are the subject of our activist community that's taking action to stop the Kochs on this controversy and other critical policies that affect our society and health.
The Koch brothers would profit from this oil pipeline at the expense of working families, who live and work along the approximately 2,000 miles of the pipeline's route. The brothers own almost all of the $100bn Koch Industries, which is "among Canada's largest crude oil purchasers, shippers and exporters", according to a Koch subsidiary's website. The Kochs also operate an entire business line called Koch Exploration Canada, LP, which is devoted to exploring and refining one of the most toxic energy sources on Earth. Koch Industries handles 25% of this oil, and the brothers stand to make millions of dollars from the pipeline's construction, which could generate $15tn for special interests in North America.
The main profits on constructing the Keystone XL Tar Sands pipeline will go directly to The Koch Brothers and their Billionaire cronies. Listen to this audio of the Koch Brothers from Mother Jones talking about how the 2012 election will be the "mother of all elections" and listen to them solicit million dollar donations to fuel their campaign against Obama.
It boggles the mind that the profits from the XL pipeline will go directly to those who will use the money to defeat President Obama. It makes no sense environmentally or rationally to approve this pipeline.