In the News
Regulatory Capture: Fossil fuel companies spend Euro 250m on lobbying
Graham Watson
28th October 2019
The extent to which the fossil fuel industry is able to lobby supra-national institutions is laid bare in this articlelooking at the amount spent, both by individual firms and industry groups, in lobbying the EU. Think about what this implies in simple marginal terms: the marginal benefit that the companies receive from the lobbying is likely to be greater than the marginal cost, and that's why they continue to do it.
Outdated power structures barely ever go down without putting up a last and often vicious fight. It is when they become most dangerous, as they have everything to lose. https://t.co/VeBszxctRS
— Wolfgang Blau (@wblau) October 24, 2019
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