Wednesday, February 12, 2014

Democrats Who Oppose Keystone XL Pipeline Own Shares in Competing Companies

Disclosure documents show Tim Kaine and Alan Lowenthal are invested in Keystone Competitors - Washington Free Beacon

...Observers said his and Kaine’s investments in TransCanada competitors are troubling given their public positions on Keystone.

“This is not an ‘appearance of conflict of interest,’ it is a bald-faced conflict of interest,” said Ron Arnold, executive vice president of the Center for the Defense of Free Enterprise.

Arnold, the author of Ecology Wars: Environmentalism as if People Matter, said the two legislators should “divest themselves of the tainted investments and recuse themselves from remarks and votes on the issue....”