Alcoa (NYSE:AA) has been increasing its lobbying budget since the second quarter of 2009, when they spent $400,000, to the 2010 second quarter, where they spent $680,000 to lobby the government.
In the first quarter of 2010, Alcoa spent $560,000 for its lobbying efforts.
With the possibility and threat of cap-and-trade legislation, Alcoa lobbied heavily concerning that, as well as on issues related to financial reform.
Particular issues within cap-and-trade they focused on were the implications to international trade and credit for early action.
Defense contracts related to the Navy and Air Force were another key part of their lobbying efforts, which included talks with the House and Senate, and in other concerns, the Federal Energy Regulatory Commission.
This information came from a July 15th report filed with the House clerk's office.
Showing posts with label Cap and Trade. Show all posts
Showing posts with label Cap and Trade. Show all posts
Monday, August 23, 2010
Tuesday, June 15, 2010
Obama's BP (NYSE:BP) Connection
A lot of people may not know this, but Obama has received more campaign contributions than any other federal candidate over the last two decades from, you guessed it - BP (NYSE:BP). That includes employees of BP.
This must be an issue more thoroughly explored as to why Obama sat around for weeks doing literally nothing as oil spewed into the Gulf of Mexico.
The connections seems to get worse though, as proposal being pushed by the White House is one that was partially written by BP.
Senate Minority Leader Mitch McConnel said this recently:
"An administration that seems to spend most of its time coming up with new ways to show how angry it is at BP is pushing a proposal that BP actually helped write. I can't understand it, and I don't think the American people will understand why that it makes sense to respond to the BP oil spill by imposing a gas-tax increase on the American people that was advocated by BP."
He's referring to the horrendous "cap-and-trade" bill which could result in the cost of gas more than doubling, along with our electricity bills.
It's incredible the apparent faux outrage of Barack Obama, who has been in bed with big oil for some time, and BP specifically, to propose this bill that would harm so many Americans if it became law, and which was co-written by his friends at BP.
This must be an issue more thoroughly explored as to why Obama sat around for weeks doing literally nothing as oil spewed into the Gulf of Mexico.
The connections seems to get worse though, as proposal being pushed by the White House is one that was partially written by BP.
Senate Minority Leader Mitch McConnel said this recently:
"An administration that seems to spend most of its time coming up with new ways to show how angry it is at BP is pushing a proposal that BP actually helped write. I can't understand it, and I don't think the American people will understand why that it makes sense to respond to the BP oil spill by imposing a gas-tax increase on the American people that was advocated by BP."
He's referring to the horrendous "cap-and-trade" bill which could result in the cost of gas more than doubling, along with our electricity bills.
It's incredible the apparent faux outrage of Barack Obama, who has been in bed with big oil for some time, and BP specifically, to propose this bill that would harm so many Americans if it became law, and which was co-written by his friends at BP.
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