Here's How Billionaires Launder Their Climate-Denial Cash
Have you been reading today about Donors Trust, the 800-pound gorilla of climate-denial funders that you've never heard of? Well, Andy Kroll told you all about them right here at MoJo last week:
Over the past decade, it has funded the right's assault on labor unions, climate scientists, public schools, economic regulations, and the very premise of activist government. Yet unlike its nearest counterpart on the progressive side, the Tides Foundation, a bogeyman of Glenn Beck and Bill O'Reilly, Donors Trust has mostly avoided any real scrutiny. It is the dark-money ATM of the right.
Founded in 1999, Donors Trust (and an affiliated group, Donors Capital Fund) has raised north of $500 million and doled out $400 million to more than 1,000 conservative and libertarian groups, according to Whitney Ball, the group's CEO....Donors Trust keeps its contributors secret. Funders can ask Donor Trust to publicly identify their donations, but very few do, Ball says. The reasons for preferring anonymity are many. Some donors want to avoid attention; others don't want their mailboxes and inboxes filling up with unwanted solicitations for more money.