Friday, July 22, 2011

Koch, Exxon Mobil Among Corporations Helping Write State Laws

Bloomberg Businessweek reports:
Koch Industries Inc. and Exxon Mobil Corp. are among companies that would benefit from almost identical energy legislation introduced in state capitals from Oregon to New Mexico to New Hampshire -- and that’s by design.

The energy companies helped write the legislation at a meeting organized by a group they finance, the American Legislative Exchange Council, a Washington-based policy institute known as ALEC.

The corporations, both ALEC members, took a seat at the legislative drafting table beside elected officials and policy analysts by paying a fee between $3,000 and $10,000, according to documents obtained by Bloomberg News.
Just a reminder.