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Gina McCarthy

Former Biden Climate Czar Works for ‘Green’ Private Equity Firms

by Will Kessler, Daily Caller News Foundation
July 10, 2023
in News

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DCNFFormer National Climate Advisor Gina McCarthy works for two private equity firms that have climate portfolios with investments in China.

McCarthy currently works as an advisor for private equity firms Pegasus Capital Advisors LP and TPG Inc., according to her website, both of which have investments in China and are funds that invest using environmental and social metrics. McCarthy worked for the Biden administration as the first ever climate czar where she pushed for the climate provisions in the bipartisan infrastructure law and the Inflation Reduction Act, which she argues “led to the most aggressive action on climate in U.S. history.”

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Pegasus Capital Advisors, where McCarthy works as an operating advisor, manages the Green Climate Fund’s (GCF) Global Subnational Climate Fund (SnCF), which was created in 2021 in order to “address a major deficit in climate finance,” according to a press release from the GCF. The Biden administration has given $2 billion to the GCF, a U.N. project that aims to “accelerate clean energy transitions,” according to a White House press release. The GCF has invested $1.4 billion in Shandong, China, according to its website.

McCarthy is also a senior advisor for TPG, which has active investments in Chinese companies such as Du Xiaoman Financial and Zhaoke Ophthalmology, according to its website. The TPG Rise Climate Fund closed at $7.3 billion in 2022, according to a press release.

Pegasus Capital Advisors says, “We focus on solutions related to sustainability and health,” according to their website. “From green infrastructure to improved health and well-being, our investment themes and strategies are based on the long-term value creation that offer scale and depth of environmental and social impact.”

TPG Inc. has its own public benefit organization, Y Analytics, whose mission is to “increase not only the amount of capital that is allocated toward impact, but also to improve the effectiveness of capital invested toward the greater good,” according to TPG’s website.

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McCarthy was previously accused of ethics violations by GOP House members after she met with Natural Resources Defense Council (NRDC) President and CEO Manish Bapna, according to White House visitor logs, which is an alleged violation of Biden’s “Revolving Door Ban.” The ban prohibits appointees from engaging parties who are related to their former employer, and McCarthy had previously served as NRDC’s president and CEO.

McCarthy has also previously called for Big Tech companies to censor those with differing opinions on environmental issues and energy policy, saying, “The tech companies have to stop allowing specific individuals over and over again to spread disinformation,” according to Axios.

TPG confirmed to the Daily Caller News Foundation that McCarthy works as a senior adviser for the firm.

Pegasus Capital Advisors LP, the GCF and McCarthy did not immediately respond to a request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].






Why One Survival Food Company Shines Above the Rest

Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.

It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?

This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.

Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.

At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.

What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.

Visit the Heaven’s Harvest website and use promo code “Patriot” for a discount today!

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Tags: Climate ChangeDaily Caller News FoundationGina McCarthyJoe BidenLedePegasus Capital AdvisorsTop Story

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