Peabody backed climate groups


Peabody Energy, America’s biggest coalmining company, has funded at least two dozen groups that cast doubt on manmade climate change and oppose environment regulations, according to a Guardian newspaper investigation.

The funding spanned trade associations, corporate lobby groups, and industry front groups as well as conservative think-tanks.

Peabody was long known as an outlier even among fossil fuel companies for its public rejection of climate science and action.

But its funding of climate denial groups was only exposed in disclosures after the coal titan was forced to seek bankruptcy protection in April, under competition from cheap natural gas.

“These groups collectively are the heart and soul of climate denial,” said Kert Davies, founder of the Climate Investigation Center. “It’s the broadest list I have seen of one company funding so many nodes in the denial machine.”