Peabody, the largest US coal company, has funded over 20 groups that deny climate change and oppose environmental legislation, according to The Guardian newspaper. Court filings from last month indicate that Peabody Energy gave money to corporate lobby groups, trade and industry groups and conservative think-thanks. The company also funded twice as many Republican as Democrat organisations. Peabody Energy was already known for its rejection of climate change, but the funding of these groups only became publicly known when the company sought bankruptcy protection earlier this year. The full extent of Peabody Energy’s funding of climate denial may not be apparent until bankruptcy proceedings are complete.
Peabody Energy, the largest US coal company, has funded over 20 groups that deny climate change and oppose environmental legislation, according to The Guardian newspaper. Court filings from last month indicate that Peabody gave money to corporate lobby groups, trade and industry groups and conservative think-thanks. The company also funded twice as many Republican as Democrat organisations. Peabody was already known for its rejection of climate change, but the funding of these groups only became publicly known when the company sought bankruptcy protection earlier this year. The full extent of Peabody’s funding of climate denial may not be apparent until bankruptcy proceedings are complete.