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Friday, August 20, 2010

Cato Institute admits 40 per cent of funding from big oil



In a telling exchange with CNN’s Fareed Zakaria yesterday, polluter apologist Pat Michaels admitted that “40 percent” of his funding comes from the oil industry.

Michaels was introduced as “a scientist who now works for the Cato Institute.

The CATO Institute is a the libertarian think tank that strongly opposes caps to carbon dioxide,” has promoted global warming denial for decades.

It is funded by a network of oil and coal companies and their ideological allies. Michaels initially denied that he is funded by the petroleum industry, but backtracked under steady interrogation by Zakaria.

source: http://thinkprogress.org/2010/08/16/oil-fueled-pat-michaels/

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