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Report Finds Fossil Fuel Backers Contributed $19 Million to Trump Inaugural Fund

Global Witness warns that lax disclosure rules mean actual industry contributions could be significantly higher

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Overview

  • Global Witness identified $19.15 million in 47 donations from November 2024 through January 2025 by oil, gas and coal companies and linked individuals to the presidential inaugural fund.
  • Those contributions made up about 7.8 percent of the committee’s record $245 million haul.
  • Chevron led fossil fuel donors with $2 million, while ExxonMobil, ConocoPhillips and Occidental Petroleum each gave $1 million.
  • The analysis excluded diversified investors and donors with common names, suggesting the true total may be considerably higher.
  • Since his inauguration, President Trump has signed orders to open public lands and waters for drilling and tapped former oil executives to lead the Energy and Interior departments.