Milloy and Borelli argued that General Electric is harming its shareholders by launching a program to curtail greenhouse gas emissions. They also accused G.E. of ignoring the input of global warming denialist groups such as the Cato Institute and the Competitive Enterprise Institute in forming their environmental policy. FEAF was criticized by investment analyst Chuck Jaffe as being "an advocacy group in search of assets." Jaffe concludes, "Strip away the rhetoric, and you're getting a very expensive, underperforming index fund, while Milloy and his partner Thomas Borelli get a platform for raising their pet issues." Similarly, Daniel Gross, in a Slate magazine article, wrote that FEAF "seems to be a lobbying enterprise masquerading as a mutual fund." He noted that Milloy and Tom Borelli, the former head of corporate scientific affairs for Philip Morris, lack any money management experience, also noting FEAF had badly underperformed the S&P 500 during its first 10 months of existence. Gross concluded that, "... in the short term, it looks like Borelli and Milloy are essentially paying the fund for the privilege of using it as a platform to broadcast their views on corporate governance, global warming, and a host of other issues." Books Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them, Regnery Publishing, 2009, Junk Science Judo: Self-defense Against Health Scares and Scams, Cato Institute, 2001, Silencing Science, Cato Institute, 1999, (with Michael Gough) Science Without Sense: The Risky Business of Public Health Research, Cato Institute, 1996, Science-Based Risk Assessment: A Piece of the Superfund Puzzle, National Environmental Policy Institute, 1995, See also Global Climate Coalition American Petroleum Institute Heartland Institute Notes External links Milloy's websites Junkscience.com Tobacco document archives The Legacy Tobacco Documents Library at the University of California, San Francisco. The Philip Morris USA Document Site American columnists American libertarians Johns Hopkins University alumni University of Baltimore alumni University of Baltimore School of Law alumni Georgetown University Law Center alumni Year of birth missing (living people) Living people 20th-century births