(LibertySociety.com) – Congressional Republicans are blasting the Biden administration for selecting a foreign company to oversee a portion of its climate agenda. Last year, President Biden announced requirements for federal contractors regarding greenhouse gas emissions. They would be required to work toward reducing emissions and share any financial risks related to climate initiatives. However, the Biden administration selected a foreign group from the United Kingdom that has ties to liberal dark money. Science Based Targets Initiative (SBTi) will set the criteria for the federal contractors, but lawmakers are warning of the national security concerns that would stem from having limited oversight of the group.
Shortly after the Biden administration announced the new requirements, SBTi scrubbed its website to hide its affiliation with the nongovernmental organization (NGO) We Mean Business Coalition. The organization was previously listed as a primary funder of SBTi. The coalition was created by the New Venture Fund, which is a dark-money group funded by Bill Gates and his ex-wife’s nonprofit, in addition to George Soros’ Open Society. The New Venture Fund distributed close to $1 billion in 2021 to various progressive groups but chooses not to reveal where its donations come from.
Representative Claudia Tenney, R-N.Y., accused the Biden administration of forcing government contractors to work with SBTi “to support their left-wing dark money laundering scheme.” California Representative Jay Obernolte, who chairs the House Science, Space, and Technology Investigations and Oversight Subcommittee, is appalled at the Biden administration’s deliberate failure to allow multiple bids before choosing SBTi. He noted that the group only met with the White House two times and did not bring anything to offer on paper as far as credentials go before being chosen by Biden. SBTi only became a legal entity in 2022, although it was founded back in 2014. Despite its inexperience, the company miraculously secured work with 1,100 companies in its first year. SBTi has refused to validate any companies that are related to the fossil fuel industry.
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