The Friendly New Face of Dark Money: How Fidelity, Schwab, and Vanguard Helped Wealthy Donors Pour $171 Million of Dark Money into Project 2025

White theater mask with smiling face on gray background of dollar bills.

Since 2020, three major financial services companies โ€” Fidelity, Charles Schwab, and Vanguard โ€” have helped affluent philanthropists funnel at least $171 million to the nonprofits behind Project 2025, whose central platform rejects the climate crisis, DeSmog has found. The contributions, which include hundreds of donations to 68 different Project 2025 groups, were distributed on […]

Fracking Pioneer Gwyn Morgan Gave $530K to Anti-Climate Website โ€˜True Northโ€™

Gwyn Morgan Frontier Centre

A far-right Canadian website whose contributors have disputed the extent to which fossil fuels are warming our atmosphere, attacked the science demonstrating that climate change leads to more destructive wildfires and suggested climate advocates are โ€œthe real conspiracy theorists,โ€ is quietly getting large donations from a former oil and gas executive.  Canada Revenue Agency tax […]

WisdomTree Hit with $4 Million Penalty for Misleading Investors on Fossil Fuel Holdings

The Securities and Exchange Commission (SEC) this week fired a shot over the bow at Wall Street companies that promise to help investors avoid putting their money into fossil fuels and tobacco โ€” but steer funds towards those companies anyway. In a little-noticed settlement, the SEC fined investment adviser WisdomTree $4 million for claiming that […]

Mapped: How 6 Billionaire Family Fortunes Fund Project 2025

As scrutiny of Project 2025 continues to grow, defenders of the Heritage Foundation-led initiative, which would reshape federal governance and give the next Republican president unprecedented new powers, say it’s the criticism โ€” not the 922-page plan itself โ€” that’s too extreme.  In a piece published last month, Fox News cited prominent conservatives who feel thereโ€™s […]

โ€˜Money in Exchange for Silenceโ€™: Behind Neomโ€™s Green Image, Western Firms Cash in on Saudi Commitment to Oil

The video opens with the voice of a child. โ€œSince the beginning, weโ€™ve changed things,โ€ she says. โ€œItโ€™s in our genes. Itโ€™s what makes us human.โ€ The viewer zooms through stages in human development โ€”ย agriculture, science, air travel, space flight. A dramatic musical score rises steadily in volume. โ€œNow, we have a chance to change […]

Industrial Fishing Undermines Worldโ€™s Greatest Carbon Sink, Experts Warn

Fish is often sold as the perfect climate-friendly dinner: highly nutritious and lower carbon than other forms of protein. But new research is increasingly bringing some of these eco marketing claims into question. In part, because industrial fishing โ€“ scientists and campaigners say โ€“ is weakening the oceanโ€™s ability to act as a carbon sink.ย  […]

Trump Megadonor Tim Dunn Has a Plan More Extreme Than Project 2025

Black and white illustration of Tim Dunn in center, with a red, white and blue American flag background, a white Christian cross, and black silhouette of an oil rig and oil drum.

For months top Democrats have fixated on Project 2025, the radical blueprint of policy and personnel recommendations for a Donald Trump administration published by The Heritage Foundation and its allies, with Kamala Harrisโ€™ campaign calling it โ€œa sweeping takeover of the federal government.โ€  But one of Trumpโ€™s most prominent donors, the Texas fracking billionaire and […]