They claim there’s no conflict. But the public is right to worry when leaders hired to protect Ontario’s environment and control its recycling programs start a private company that promotes “green” investments. As the Star’s editorial board has learned, these leaders are investors-directors in a new venture capital firm called CleanTech Capital Inc., which is promoting investment in some of the same areas they have been controlling or monitoring – on behalf of the public.
Decisions like this deserve scrutiny. After all, people privy to inside information in the public realm should not be allowed to benefit from that knowledge in the private sector. The mere appearance of conflict is problematic. Promoted as a “dream team” in marketing material designed to attract new investors with deep pockets, CleanTech principals include:
- Gord Miller, Ontario’s environmental commissioner, who was appointed by the provincial legislature to act as the watchdog for Ontario’s Environmental Bill of Rights. His personal investment in CleanTech: $10,000. Read article