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Simon
Simon

FedEx, GM, Microsoft, Toyota, Visa, and WalMart funds climate denialism

climate-denialism-ad

According to Climate Progress well-known companies such as Comcast, FedEx, GM, Honda, Microsoft, TimeWarner, Toyota, Visa, VW, and WalMart is helping to fuel global warming denialism by funding the Cato Institute.

"Comcast, FedEx, GM, Honda, Microsoft, TimeWarner, Toyota (!), Visa, VW, and WalMart — these are among the brand name companies who support the global warming denial promoted by the Cato Institute (full list below).

Many of you have probably now seen that absurd anti-scientific denier
ad
Cato is spending big bucks to put in major newspapers. “The New York Times ad alone would have cost over $150,000, based on the newspaper’s published ad rates,”
notes
one article.

The ad attacks President Obama and the whole notion of strong climate action with studies that don’t even support its basic premise — see
New study quoted by Cato deniers concludes “warming over the 21st century may well be larger than that predicted by the current generation of models”
and RealClimate’s excellent post (
here
)."

According to Cato’s most recent annual report (2007) these companies are sponsoring the "extreme" Cato Institute:

  • Altria Corporate Services Inc.
  • American Petroleum Institute.
  • Amerisure Companies.
  • Comcast Corp.
  • Consumer Electronics Association.
  • FedEx Corp.
  • Freedom Communications Inc.
  • General Motors Corp.
  • Honda North America Inc.
  • Mazda North America Operations.
  • Microsoft Corporation.
  • R.J. Reynolds Tobacco Company.
  • TimeWarner Inc.
  • Toyota Motor Corp.
  • UST Inc.
  • Visa USA Inc.
  • Volkswagen of America Inc.
  • Wal-Mart Stores Inc.

Shame on them!

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We could all use a cash advance every now and again. AIG got a HUGE cash advance, and so did General Motors. Unlike a cash advance that the rest of us would get, the government didn't specify if repayment was on a short term basis, and they didn't specifically tell them that they needed to begin repayment on the next payday. Both companies had to layoff employees, and they've both been purported to be circling the drain, which seems to be what the rest of the United States economy is doing. However, the rest of us don't have the kind of debts those companies do, as there are no payday loans or cash advance big enough to cover their needs.

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