`On July 27, 2006 ABC News reported that a Colorado energy cooperative, the Intermountain Rural Electric Association, had given Michaels $100,000.[35] An Associated Press report said that the donations had been made after Michaels had "told Western business leaders ... that he was running out of money for his analyses of other scientists' global warming research" and noted that the cooperative had a vested interest in opposing mandatory carbon dioxide caps, a situation that raised conflict of interest concerns.[36]
Michaels said on CNN that 40 percent of his funding came from the oil industry.[37] According to Fred Pearce, fossil fuel companies have helped fund Michaels' projects, including his World Climate Report, published every year since 1994, and his "advocacy science consulting firm", New Hope Environmental Services.[38]
A 2005 article published by the Seattle Times reported that Michaels had received more than $165,000 in fuel-industry funding, including money from the coal industry to publish his own climate journal.[9`]
