Will Coal Bosses Band Together To Influence Elections?
abcnews.go.com — Top officials at the country's major coal companies, including Massey Energy, owner of the West Virginia mine where 29 died earlier this year, apparently want to take advantage of looser campaign finance laws and use corporate money to defeat political candidates they believe to be "anti-coal."
According to an email from Roger Nicholson, senior vice president of the International Coal Group, "a number of coal industry representatives recently have been considering developing a 527 entity with the purpose of attempting to defeat anti-coal incumbents."
Nicholson's email notes that a recent Supreme Court decision will allow the "voices" of the coal firms "to be heard." The Court ruled earlier this January in Citizens United v. FEC that corporations and labor unions can spend unlimited funds on elections.