Report: Using government contracts, ‘billionaires have hijacked the environmental movement to line their own pockets’
From Tom Steyer to Nat Simons, billionaires have hijacked the environmental movement to line their own pockets. Hedge funds and billionaire investors with a line into government contracts, grants and loan guarantees have built relations with these lobby groups to influence government to ensure taxpayer largess flows to the green industries which they are invested in. A new report by the Energy & Environment Legal Institute examines some of the largest contributors to the Sierra Club and their self-interested dealing that gives new definition to the meaning of “going green.”
