FIRST ON FOX: A major left-wing dark money nonprofit organization earmarked millions of dollars last year to a private law firm that’s spearheading climate litigation against the oil industry on behalf of Democrat-led cities and states, according to newly published tax filings.
New Venture Fund — which is managed by Arabella Advisors, a firm that oversees a liberal billion-dollar dark money network — wired grants worth a total of $2.5 million to the California-based Sher Edling in 2022 alone, per the tax filings reviewed by Fox News Digital. Across the country, Sher Edling has taken up novel climate litigation against major oil and gas producers, arguing the industry has misled the public about the threat posed by global warming.
“It smacks of a political operation,” Tom Pyle, the president of the Institute for Energy Research, told Fox News Digital in an interview. “You have this whole self-dealing scheme where progressive donors are hiding behind nonprofits and taking advantage of that from a tax perspective, then funding Democrat law firms, and also, Democrat politicians and elected officials are participating as well.”
“Across the board, it’s rotten,” Pyle continued. “This is further evidence that the green movement is no longer about protecting the environment.