SMRs and AMRs

Tuesday, June 09, 2015

Secretive donors gave US climate denial groups $125m over three years

Funds allocated to organisations lobbying against Obama’s climate bill and working to undermine rules to reduce carbon pollution, tax records show

Suzanne Goldenberg and Helena Bengtsson, The Guardian
Last modified on Tuesday 9 June 2015 08.21 EDT

The secretive funders behind America’s conservative movement directed around $125m (£82m) over three years to groups spreading disinformation about climate science and committed to wrecking Barack Obama’s climate change plan, according to an analysis of tax records.

The amount is close to half of the anonymous funding disbursed to rightwing groups, underlining the importance of the climate issue to US conservatives.

The anonymous cash flow came from two secretive organisations – the Donors Trust and Donors Capital Fund – that have been called the “Dark Money ATM” of the conservative movement.

The funds, which when channelled through the two organisations cannot be traced to individual donors, helped build a network of thinktanks and activist groups. These worked to defeat climate bills in Congress and are mobilising against Environmental Protection Agency rules to reduce carbon pollution from power plants which are due to be finalised this summer. In many cases, the anonymous cash makes up the vast majority of funding received by beneficiaries – more than comes openly from the fossil fuel industry.

(More here.)

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