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When 4-year-old EcoFactor, which makes software that intelligently manages connected thermostats, officially launched last November, a lot of folks took notice — apparently including investors. On the heels of raising $2.4 million in December, EcoFactor announced this morning that it has raised another $3.5 million from RockPort Capital Partners.
Patrick Michaels has more credibility than your average climate skeptic. Unlike some of the kookier characters that populate the small world of climate denialists—like Lord Christopher Monckton, a sometime adviser to Margaret Thatcher who claims that "We are a carbon-starved planet," or H. Leighton Steward, a retired oil executive and author of a best-selling diet book who argues that carbon dioxide is "green"—Michaels is actually a bona fide climate scientist. As such, he's often quoted by reporters as a reasonable expert who argues that global warming has been overhyped. But what Michaels doesn't mention in his frequent media appearances is his history of receiving money from big polluters.
According to CQ Politics, between 2002 and 2007, the coal advocacy group Americans for Balanced Energy Choices, the predecessor of American Coalition for Clean Coal Electricity, spent an average of $93,000 each year on federal lobbying. In 2008, ACCCE spent $9.9 million on federal lobbying in addition to $38 million for an ad campaign promoting "clean coal."[1]
The Center for Public Integrity (CPI) estimated ACCCE's lobbying expenses at a somewhat higher amount: $10,465,276 in 2008.[2]. CPI's "The Climate change Lobby" database lists ACCE's 2008 lobbyists, based on public records, as:
* ACCE staff spent $9,945,276 on in-house lobbying costs. The listed lobbyist was Stephen Miller[3];
* Quinn Gillespie & Associates who were paid $480,000 for lobbying services of Christopher McCannell, Jeff Connaughton, Manuel Ortiz, Mike Hussey, Patrick Von Bargen, Dave Hoppe.[4]
* The Keelen Group, LLC which was paid $40,000 for the lobbying services of Paul Bailey.[5]
VCs and the Feds Have Pumped Billions into Solar Start-Ups but Only a Few Will Survive. We Pick Some Potential Winners and Losers.
Records show ExxonMobil gave hundreds of thousands of pounds to lobby groups that have published 'misleading and inaccurate information' about climate change
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