The Sea Change Foundation is the epitome of corporatism and corruption as it uses tax-exempt charity status to fund its rent-seeking and attack competitors.  

Politico is anything but an unbiased observer; hence its hyperbolic headlines and ledes but  it does put out a lot of facts and if you’re patient enough to read beyond the 10th paragraph you often find them. A story the other day about the Sea Change Foundation and the possible role of the Russians in funding fractivism is no exception. There is headline suggesting the whole thing is nothing more than an attempt to conjure up a scandal, followed by the facts indicating there is almost certainly is one requiring investigation.

You have to read the whole thing and when you do, it’s not just the Russians but the deeply ingrained corporatism and corruption that is our tax-exemption system today.

We’ve written about the Sea Change Foundation, the Simons family behind it, their hedge-fund renewables investment and their dark money connections many times (here and here, for example). Nat Simons (who is the Sea Change Foundation) and his father, Jim Simons, are total corporatists, rent-seekers who farm the government for subsidies, favors and restrictions on their competitors. Like Tom Steyer, they make a great pretense of being folks who just care about climate-change, while pursuing special advantages for their corporate renewables investments and schemes.

Read more:

http://naturalgasnow.org/sea-change-foundation-epitome-tax-exempt-c...