Environmentalist Groups Took PPP Loans

Environmentalist groups berated fossil fuel companies for taking Paycheck Protection Program money, but had no problem bellying up to the bar to take a share of the loot. Millions of dollars went to a number of green groups despite probably having fat bank accounts themselves. If fossil fuel companies shouldn’t get government loans then the green groups who got this financing should return the money. In addition to this being a classic case of: Do as I say, not as I do, this is also a case of: PPP money for me, but not for thee!

Environmentalists Accept Stimulus Loans After Lobbying Congressional Allies For Relief

  • By Michael Sandoval, July 18, 2020, The Fairfield Sun Times

Environmental activist groups who attacked oil and gas companies for receiving COVID-19 relief accepted millions in paycheck relief loans, according to government documents released earlier this month.

On Monday, the U.S. Treasury and Small Business Administration released data on recipients of the Paycheck Protection Program (PPP) loans authorized by Congress in March under the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act. The government-backed loans were a part of an economic stimulus package passed to combat the fallout from mandated shutdowns due to the COVID-19 pandemic.

Groups receiving substantial PPP loans include the Center for Biological Diversity ($2-5 million), 350.org ($1-2 million), Food & Water Watch ($2-5 million), Friends of the Earth ($1-2 million), and the National Wildlife Federation, with a loan of between $5-10 million. Other groups with a record of resisting energy development and infrastructure construction, including Earthworks, the Rainforest Action Network, WildEarth Guardians, and Oil Change International, received smaller loans of between $150,000 and $1 million.

Many of these green groups actively lobbied Congress to pass the CARES Act while they also tried to stop relief being directed toward the energy industry.

The Center for Biological Diversity in March deemed support for the industry a bailout and lambasted Congressional Republicans in the Senate for passing a $2 trillion stimulus package that included support for the energy industry along with the airlines industry. The group actively lobbied for passage of the CARES Act, according to their lobbying filings.