and the Party Reverses Its Two-Month-Old Ban on Fossil Fuel Donations
The Democratic National Committee (DNC) just reversed its ban on donations from the fossil fuel industry, saying it now welcomes donations from industry workers and employers’ political action committees – a stark turnaround to a stance the organization took just two months ago when it adopted a ban on donations from fossil fuel companies’ political organizations. And it comes less than two weeks after Charles Koch, leader of Koch Industries, the top-ranked political donor of the fossil fuel sector, and the powerful Americans for Prosperity political action committee, said he is open to backing Democrats in the midterms.
This latest announcement by the DNC has many Democrats up in arms because it goes against the organization’s platform to combat climate change. Though DNC Chairman Tom Perez characterized the move as a commitment to organized labor, it’s hard to see it as anything but a cash grab.