Exxon Mobil Is Funding Centrist Democratic Think Tank, Disclosures Reveal

Donna McWilliam/AP

The Democrat, neoliberal, center right 'Third Way' foundation also receives cash from PhRMA, Pharmaceutical lobbyists

The Intercept - September 6, 2019

"This all dovetails well with a centrist approach to climate politics that’s long sought common ground with industry and harbors both temperamental and ideological opposition to big, confrontational proposals like the Green New Deal ..."

The Progressive Policy Institute, a centrist Democratic think tank that grew out of the party’s pro-business wing in the 1980s and ’90s, received $50,000 from Exxon Mobil in 2018 via its parent organization, the Third Way Foundation, according to the oil giant’s 2018 Worldwide Giving Report.

Exxon Mobil did not return The Intercept’s multiple requests for comment. In an email, PPI Executive Director Lindsay Lewis said the money was used for general support and that “we only accept general support funding from corporate interests, we do not do paid for work/research or have any donor run programs.”

Lewis also confirmed that this is the first time Exxon Mobil has donated to the Third Way Foundation. 

Though it’s a first, PPI’s new donor isn’t so dramatic a shift from its fundraising record. The Intercept’s Akela Lacy has also found that PhRMA — the Pharmaceutical Research and Manufacturers of America — has annually donated between $25,000 and $75,000 to the Third Way Foundation since 2009, upping its donation to $265,000 in 2016 — the same year that Medicare for All, which the trade group and PPI both oppose, entered the national spotlight. Donations dipped back to normal levels in 2017, although documents were not yet available for 2018 when the piece was published in late April. ...
Read full report at The Intercept

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