Cronyism

Green Energy Investors Look to Cash in on Paris Talks

Coalition of executives and financiers seeks government subsidies as U.N. climate talks commence

A group of millionaires and billionaires that includes major investors in green energy are using the international climate talks kicking off this week to push for more government subsidies for the types of companies in which they are investing.

Dem Super PAC’s Top Aides Evade Lobbyist Hiring Ban

New Senate Majority PAC policy announced by ‘senior adviser’ to lobbying firm, former Harry Reid staffer

A leading Democratic super PAC says it will no longer employ lobbyists in the wake of a scandal involving contributions to the group, but one of the executives who announced the move directs a politically connected nonprofit whose corporate supporters have landed billions in federal subsidies.

Hedge Fund-Financed Green Group Discloses $50M in Grants

Nat Simons’ Sea Change Foundation finances advocacy that benefits his venture capital firm

A foundation funded by opaque financial vehicles poured nearly $50 million into leading liberal and environmentalist groups in 2013 and 2014, according to newly released tax filings.

Former Employees: Reid-Backed Firm Lied to Get Stimulus Cash

Dem leader’s office says he is proud of support for company accused of ripping off Treasury

The Senate’s top Democrat is proud of securing taxpayer backing for a green energy company accused by former employees of fraudulently obtaining federal grant money, his office said this week.

Harry Reid Secured Subsidies for Aides’ Donors

Nevada Dem brags about support for green energy companies as ethics watchdogs suggests influence-peddling

Corporate donors to a green energy nonprofit operated by Senate Minority Leader Harry Reid’s (D., Nev.) former staffers and a current campaign operative have received billions of dollars in federal loan guarantees and grant money as a result of Reid’s advocacy. Fulcrum Bioenergy began contributing to the Clean Energy Project (CEP) in 2013. One year later, the Nevada Democrat steered tens of millions of dollars in federal grant money to the California biofuel company.