Our new video “From Russia With Love?” shows that radical environmental groups such as the Sierra Club and League of Conservation Voters might be receiving millions of dollars from Russian oil tycoons—who have a serious self-interest in slowing American energy production.
The video is based on a recently updated report of the same name, which found that Russian oil and gas executives funneled over $20 million to a Bermudian corporation, Klein Ltd., redirecting funds to the California-based Sea Change Foundation—a nonprofit organization that sent roughly $100 million to activist U.S. environmental groups in 2010 and 2011.
Klein, which “only exists on paper,” is based out of a Bermuda law firm linked to Leonid Reiman, a longtime friend of Vladimir Putin’s. The law firm, Wakefield Quin, is also home to a hedge fund operated by the Moscow investment firm Marcuard Spectrum—one of Marcuard’s founders now chairs Russian-owned oil giant Rosneft.
Big Green radicals have long interfered with American energy independence. It seems that they’ve found a willing ally in Mother Russia.