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2023-07-14 Government Corruption
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One World Order
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| Public-Private partnerships need to be scrutinized carefully. Fortunately, someone is doing that. Not the Biden administration, to be sure, but someone. |
[HotAir] A new Biden administration rule aimed at reducing carbon emissions would give approval authority over large U.S. defense contracts to a little-known British environmentalist group that just incorporated two weeks ago.
Under the White House’s proposed rule change, a London-based group called the Science Based Targets Initiative that is funded by the Democratic Party’s main dark money network would be responsible for approving the carbon emissions reduction plans of large federal contractors.
The Science Based Targets Initiative (SBTi) is a fee-based service that helps companies set emissions reduction targets in line with the Paris Climate Agreement and verifies their progress. But its foreign status and murky financial background raise questions about the Biden administration’s decision to outsource its vetting process to the group. Critics say the proposal would give SBTi enormous veto power over American defense contracts and access to potentially sensitive data about U.S. military suppliers.
[Congress should intervene on this rule change ASAP. The House has standing to sue to block this, and Republicans should get together to prepare a legal challenge if the Biden administration goes forward with this on the basis of the major-questions doctrine. If the US plans to hand off veto power over military contracts to foreign entities, that decision has to come from Congress and not an executive branch rule change. — Ed]
The rule change is expected to impact 671 large contractors across multiple federal agencies, and steer an estimated $1.2 million in mandatory fees to SBTi each year, according to the proposal, which is still awaiting approval from government administrators.
Although SBTi publicly launched in 2015, the organization didn’t officially exist until June 26, when it filed incorporation papers in London, according to United Kingdom business records reviewed by the Washington Free Beacon. The group is not registered in the United States. SBTi didn't respond to a request for comment.
Before its incorporation, SBTi was a partnership co-managed by five activist groups, including the "We Mean Business Coalition," a front group for a $900 million left-leaning dark money organization called the New Venture Fund. The off-the-books arrangement allowed SBTi to operate without filing financial disclosures for nearly a decade.
In 2015, the New Venture Fund, which promotes Democratic policies through an array of unincorporated shell organizations, helped launch and fund SBTi through the We Mean Business Coalition.
"Since its inception, [the We Mean Business Coalition] has been funding SBTi and mobilizing business towards science-based targets. One of our earliest milestones was reaching 150 corporate commitments to SBTi in 2016," said the We Mean Business website, where it also described itself as a "project of the New Venture Fund."
SBTi's connection to the New Venture Fund could raise questions about its political leanings. The New Venture Fund is facing scrutiny over its charity status, after the Free Beacon reported this week on a trove of internal documents and whistleblower allegations that indicate the group engaged in prohibited political activities during the 2020 elections. The documents also show that the liberal network maintains a high level of involvement in groups that it funds.
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Posted by Deacon Blues 2023-07-14 00:00||
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Posted by Super Hose 2023-07-14 05:35||
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Posted by Skidmark 2023-07-14 05:58||
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Posted by Skidmark 2023-07-14 06:00||
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Posted by Besoeker 2023-07-14 07:47||
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Posted by Super Hose 2023-07-14 13:40||
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00:24 Beldar+Uneter3543
00:13 Raj
00:07 Lord Garth
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