New Anti-Environment Institute at MIT

MIT has just received $100 million to establish the Koch Institute for "it Ain't My Fault" Research. "More work on genes, less on the environment," said an MIT spokesperson, "but that's the way it goes. Gift horse and all that."

Mr. Koch, who holds bachelor's and master's degrees in chemical
engineering from MIT, is an executive vice president and board member
of Koch Industries, Inc., a diverse group of companies with about $90
billion in revenues, 80,000 employees, and a presence in nearly 60
countries. Koch companies are involved in refining and chemicals;
process and pollution control equipment and technologies; minerals and
fertilizer; fibers and polymers; commodity and financial trading and
services; and forest and consumer products.