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Energy Industry Placing Big Bets on Republican Senate Win

Energy companies are giving more to Republicans to help them win a U.S. Senate majority and counter President Barack Obama’s environmental agenda.

Electric utility political action committees have donated 63 percent of their cash this election cycle to Republican candidates. That represents a partisan flip from four years ago when they gave 55 percent to Democrats and just 43 percent to Republicans, according to data from the nonpartisan Center for Responsive Politics in Washington.