Deniers: American Council For Capital Formation Center for Policy Research

 

Contents 1 Details 2 Key Quotes 2.1 March, 2004 3 Funding

[edit] Details

1750 K Street NW.Suite400 Washington, DC 20006-2302 Phone: 202-293-5811 Fax: 202-785-8165

Founded in the early 1970s, ACCF's motto is "economic growth through sound tax, regulatory and environmental policies."

ACCF brags it is "a well connected spokesman for American business in Washington," a "key player" in policy circles and "one of the most influenctial organizations operating behind the scenes" in the Washington policy making arena (from web site "about ACCF" March 2004). According to Senate records, ACCF officers Mark Bloomfield, Margo Thorning, and Mari Lee Dunn were registered as lobbyists for ACCF on Climate Change Policy and the Kyoto Protocol for the years 1998, 1999, and 2001-2003. They argued that Kyoto would have a severe negative economic impact on the US economy. In August 2002, ACCF established its International affiliate, the International Council for Capitol Formation. Based in Brussels, it focuses on "reducing tax, regulatory, anti-trust, and trade barriers" primarily in Europe (www.iccfglobal.org, March 2004).

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[edit] Key Quotes

[edit] March, 2004

"Given the severe macroeconomic impacts the Kyoto Protocol would impose on the United States, including reducing U.S. GDP by 1-4 percent, slowing wage growth significantly, worsening the distribution of income, and reducing growth in living standards, Dr. Thorning called for a new approach. Voluntary measures to reduce CO2 emissions should include modifications to U.S. tax policy that reduce the cost of capital for energy-efficient investments."
Source: ACCF website 3/04

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[edit] Funding

American Council for Capital Formation Center for Policy Research has received $1,619,523 from ExxonMobil since 1998.

1998
$80,000 Exxon Corporation
Source: Exxon Education Foundation Dimensions Giving Report 1998

2000
$215,000 ExxonMobil Foundation
General Support
Source: ExxonMobil Foundation 2000 IRS 990

2001
$250,000 ExxonMobil Foundation
$150,000 for 'climate change activities' and 100K for 'general support'
Source: ExxonMobil 2001 Annual Report

2002
$299,523 ExxonMobil Corporate Giving
$199,523 for 'climate change activities' and $100K for 'diplomatic outreach activities'
Source: ExxonMobil 2002 Annual Report

2003
$95,000 ExxonMobil Foundation
General Operating Support
Source: ExxonMobil 2003 Corporate Giving Report

2003
$50,000 ExxonMobil Foundation
Project Support
Source: ExxonMobil 2003 Corporate Giving Report

2004
$180,000 ExxonMobil Foundation
Climate Change
Source: Exxon Giving Report 2004

2004
$75,000 ExxonMobil Foundation
General Operating Support
Source: Exxon Giving Report 2004

2005
$360,000 ExxonMobil Foundation
DISCREPANCY: 2005 Corporate Giving Report: no description. IRS 990 Form 2005: Climate Change Education Efforts ($90,000), Climate Environmental & Economic Research ($90,000), Climate change ($90,000), General Operating Support ($90,000). Source: ExxonMobil 990 form to IRS for 2005

2006
$15,000 ExxonMobil Corporate Giving
Source: ExxonMobil Corporate Giving Report 2006

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