Oil and Coal Have Spent $427 Million To Influence Campaign in 2008

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The Public Campaign Action Fund has figured out how much the oil and coal industries have spent to influence the public debate through their 527s, 501(c)4s, PACs, lobbying expenditures, paid advertising, and campaign contributions. Their final number? An astonishing $427.2 million dollars in the first half of 2008. You can see how the numbers break down here, but take a look at this chart for a summary. It is possible these industries will spend close to or more than $1 billion to influence the election and to protect their interests.

Amount in Millions Coal/Electric Utilities Oil/Gas Total
Political Contributions $16.5 $20.9 $37.4
Lobbying Expenditures 73.7 55.3 129.0
Paid Media 7.4 201.2 208.6
Other Political Spending 40.0 12.2 52.2
Total $137.6 $289.6 $427.2

Of the oil and gas industries’ political contributions, 25% was given to Democrats and 75% was given to Republicans. For coal, it was 31% for Democrats and 69% for Republicans. Electric utilities were more even, with 48% going to Dems and 52% going to Republicans.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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