Big oil spent $445m in last election cycle to influence Trump and Congress, report says
Investments ‘likely to pay dividends’, analysis says, as Trump unleashes dozens of pro-fossil fuel executive actions
Big oil spent a stunning $445m throughout the last election cycle to influence Donald Trump and Congress, a new analysis has found.
That figure includes funding from January 2023 and November 2024 for political donations, lobbying and advertising to support elected officials and specific policies. Because it does not include money funneled through dark-money groups – which do not have to reveal their donors – it is almost certainly a vast understatement, says the report from green advocacy group Climate Power, which is based on campaign finance disclosures and advertising industry data.
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