Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Tory donor who funds climate denial campaign group set to become peer

Green MP Caroline Lucas blasts appointment as ‘utter hypocrisy’

Samuel Webb
Tuesday 28 June 2022 17:12 BST
Comments
Australian Billionaire Michael Hintze
Australian Billionaire Michael Hintze (Getty Images for Kaspersky)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

A Tory donor who helped fund a lobby group campaigning against net-zero climate action will be made a member of the House of Lords, it has been reported.

Australian billionaire Michael Hintze, who funds the Global Warming Policy Foundation (GWPF), will receive a peerage, according to the Sunday Times.

Greenpeace UK accuses the organisation of “spending the last 20 years campaigning to preserve our addiction to fossil fuels”.

Green MP Caroline Lucas blasted the appointment as “utter hypocrisy” considering the prime minister’s net-zero climate pledges and called for an investigation.

She told DeSmog: “It’s already an insult to democracy that the prime minister is stuffing the House of Lords with his billionaire Tory donors.

“But the fact that those billionaires are funding climate denial and delay – barely six months after he claimed we were at ‘one minute to midnight’ in a race to avert the impending climate crisis – exposes the utter hypocrisy of any climate pledge that comes out of his mouth.”

Mr Hintze, founder and co-chief executive of the global asset management fund CQS, is a major Tory donor.

The GWPF campaigns against the UK’s 2050 net-zero target and recently published a paper claiming that there is “no evidence of a climate crisis” – a claim at odds with the vast majority of climate scientists.

The GWPF and the Conservative Party have been contacted for comment.

Last month the Independent reported how the GWPF – which has close links to Tory MP Steve Baker – has received hundreds of thousands of pounds from an oil-rich foundation with large investments in energy firms.

The GWPF refuses to disclose its donors in the UK and says it does not take money from fossil fuel interests.

But US tax documents identified by investigative journalists at the OpenDemocracy website show the lobbyists, who also use the brand "Net Zero Watch", have a donor with $30 million (£24.2 million) shares in 22 companies working across coal, oil and gas.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in