For all of their wailing and gnashing of teeth about transparency, some in the American progressive movement certainly turn a blind eye toward the funding of their own pet causes. Last week, The Washington Free Beacon’s Lachlan Markay reported that millions of dollars from unknown sources have been passed through a company in Bermuda and transferred to American nonprofits who oppose hydraulic fracturing and, it seems, any industry involved with fossil fuels. Among these nonprofits are several established groups of religious shareholder activists.
Markay quotes a Senate Minority Staff report released last summer by the U.S. Committee on Environment and Public Works (CEPW):
This report articulates several possible reasons for the convoluted and secretive structure of the far-left environmental movement; yet, at the end of the day, we are still asking – why? Why [are billionaires and millionaires] going to such extreme lengths to hide their generous support of supposed charitable causes?