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hatrack

(59,578 posts)
Wed May 16, 2018, 09:01 AM May 2018

NY LCV Honors Trump-Donating Billionaire, I Guess Because He Admits Warming Is Real

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According to the Public Accountability Initiative, the New York LCV is partly funded by at least nine oil and gas companies, some with controversial business in the state. Furthermore, a number of fossil fuel-tied executives, lawyers, and lobbyists sit on the boards of the New York LCV and New York LCV Education Fund. “The New York League of Conservation Voters is filled with conflicts of interest,” Derek Seidman, a research analyst at the Public Accountability Initiative and author of the report, said Monday in a statement. “One really has to wonder: Is it an environmental advocacy group, or just cover for the fossil fuel industry to push its agenda?”

For years, Sabin has funded the political campaigns of lawmakers with mixed or outright dismal environmental records. In 2015, for example, Sabin donated $1,000 to Trump Interior Secretary Ryan Zinke, who at the time was Montana’s representative in the U.S. House. Zinke has emerged as a key opponent of environmentalists.

So far in 2018, Sabin has given $320,400, all to Republicans. This money goes to a range of candidates who support the fossil fuel industry. The current second biggest recipient of Sabin money, Sen. John Kennedy (R-LA), is a major supporter of oil and gas land leasing and drilling. Sabin had not responded to requests for comment from ThinkProgress at the time this article was published.

In its report, the Public Accountability Initiative highlighted the long list of fossil fuel investments made by Sabin’s philanthropic arm, the Andrew Sabin Family Foundation. The foundation’s schedule of investments as of December 31, 2016, shows that Sabin invested nearly a million dollars through his foundation in stocks and corporate bonds of major oil and gas and offshore drilling companies, including Chevron Corp., ExxonMobil Corp., Transocean Ltd., and Chesapeake Energy Corp.

EDIT

https://thinkprogress.org/new-york-environmental-group-lauds-anti-regulation-billionaire-eab49efe4922/

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