BP Foundation gave a grant of $7.5 million to Stanford University’s Program on Energy and Sustainable Development, the Foundation for Taxpayer and Consumer Rights (FTCR) said today. The Foundation for Taxpayer and Consumer Rights (FTCR) is a non-profit, non-partisan consumer watchdog
The gift to finance the study of modern energy markets came after an earlier $1.8 million from the BP Foundation. These are not the first university-aimed donations that have been made recently by BP or other energy companies.
UC Berkeley and BP are completing a $500 million deal that will have company scientists doing proprietary research on campus. Exxon Mobil’s $100 gift million to Stanford University’s Global Climate and Energy Program made the school one of the first “Big Oil U” campuses, FTCR said. Among other schools that have joined are UC-Davis’ Bioenergy
Research Group with $25 million from Chevron; Princeton’s Carbon Mitigation Initiative with $15 million from BP; Iowa State University with $22.5 million from ConocoPhillips and Duke University with a recent $1 million pledge from ConocoPhillips.