Renewable Energy

Big Oil’s Dirty Energy Game

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DIRTY MONEY IN OUR POLITICAL SYSTEM
 
In exchange for keeping multi-billion dollar federal oil subsidies, companies like Exxon and BP have given $25 million in campaign contributions in last year’s 111th congress alone. Since 1999, over $137 million has been given to re-elect legislators who protect these oil companies. Though the contributions are more heavily concentrated among Republicans, Democrats are not immune to Big Oil’s dirty money.

Campaign finance reform must be a priority on Capitol Hill. Taking away Big Oil’s ability to contribute to a legislator’s campaign will halt Big Oil’s ability to buy off our legislators votes.
 
CONSUMER PAIN AT THE PUMP
 
The prospective markets of oil have consistently driven up the price of oil. The law of supply and demand wouldn’t explain the large jumps in oil prices in 2008 and those expected for this summer.
Why?
 
Wall Street speculators will often trade a barrel of oil 20 times before it finally gets used. The price increases each time with the final markup being passed on to the consumer.

2010 Legislative Highlights

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Toxic Chemical Reform

Chemical Innovations Institute Gets Green Light

Promising to help Connecticut move beyond the one-chemical-at-a-time approach to toxic chemical regulation, House Bill 5126 establishes the mission and the Board of Directors of a Chemical Innovations Institute (CII) for research and education in green technologies. The program will be housed at UConn Health Center but will operate largely on outside funding. It will protect the environment and the citizens of CT while also constituting an economic development opportunity for the state.

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