User:GreenChairBMX/sandbox

Farallon
In the 1990s, Farallon was the target of legal action from the Justice Department for allegedly using government resources to influence post-Soviet economic policies in Russia that would have benefitted Farallon.

In 2004, Steyer was criticized by UnFarallon, a group of student activists, having discovered that much of Yale and Stanford's endowment was in Steyer's fund. The protest was against Steyer's supposed investing in companies with anti-labor and anti-environmental policies.

In addition, UnFarallon was concerned about Farallon's ownership of a company that planned to sell water from a Colorado aquifer, potentially destroying the local ecosystem. Ballot initiatives intended to aid the effort were defeated, after which Farallon sold the ranch to the Nature Conservancy.

Farallon was noted for having invested in coal projects. In addition, it was learned that even after their divestment, Farallon-funded coal projects in places outside North America, like Indonesia and China, would continue.

Clean Energy Development Center
In February 2015, the Free Beacon reported that top Steyer advisers aided an environmental group, largely financed by Steyer, that is at the center of a scandal. The group, the Clean Energy Development Center, was alleged to have made undisclosed payments to Governor John Kitzhaber’s fiancée, Cylvia Hayes. Steyer had donated millions to help pay a salary to Hayes.

Charges of hypocrisy
Steyer has been widely criticized for a supposed hypocrisy, with critics claiming his environmental policy is meant for financial gain and that his life style does not align with his public policies. Steyer insisted that he was acting differently by providing funding transparently.