08 Dec '11, 1am

Walmart spends big to help anti-environment candidates

Walmart spends big to help anti-environment candidates

Walmart steers its campaign cash to politicians who are far from green. In 2006, Walmart made headlines when its vice president for corporate strategy and sustainability, Andrew Ruben, told a congressional committee that the company "would accept a well-designed mandatory cap-and-trade system for greenhouse gases." Other major U.S. companies had spoken favorably of cap-and-trade, but Walmart made a bigger splash. Not only was it America's second-largest corporation; it also had deep roots in the country's coal-burning heartland. But even as Ruben was delivering his testimony, Walmart's political action committee (PAC) was funneling a river of campaign cash into the coffers of lawmakers who would ensure that the U.S. did absolutely nothing to curb its greenhouse gas emissions. During the 2007-2008 election cycle, 80 percent of Senate campaign contributions that came from Wa...

Full article: http://www.grist.org/business-technology/2011-12-07-walma...

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