The Koch brothers are quite an enigma: on the one hand, they owe their vast fortune to extremely long-range planning: Charles Koch is famously contemptuous of entrepreneurs who take their companies public, believing that the public markets insist on such short timescales that they undermine real growth; and he grew his father’s hydrocarbon empire by investing heavily in automation systems with extremely long amortization schedules.
Continue reading “A new biography reveals the Koch brothers’ very early role in creating organized climate denial”