Bob McCarty Writes

U.S.-based oil and natural gas companies invested $58.4 billion from 2000 through 2008 in technologies to reduce greenhouse gas emissions, according to a new study, Key Investments in Greenhouse Gas Mitigation Technologies by Energy Firms, Other Industry and the Federal Government, released by T2 and Associates and the Center for Energy Economics at the University of Texas.

As the chart above shows, the investment amount was more than was invested by either the federal government or by all other U.S.-based private industries combined, according to the study commissioned by the American Petroleum Institute.  It was 44 percent of the total invested by all U.S.-based private industry and the federal government.

Will members of the dinosaur media offer any coverage of this study?  Doubtful.  That’s why you should share this post with as many people as you know — especially the radical environmentalists who seem to have built a cottage industry of sorts by leveling unsubstantiated criticism against so-called “Big Oil.”