SMRs and AMRs

Tuesday, February 18, 2014

$100 million 'cheap price' to save future generations

Billionaire Targets '14 Races in Climate Change Fight

By Adam O'Neal - February 18, 2014

Retired billionaire financier Tom Steyer intends to raise up to $100 million this election cycle "to enact climate change measures through a hard-edge campaign of attack ads against governors and lawmakers,” according to the New York Times. The California Democrat is currently building a liberal political network to rival the conservative groups financed by Charles and David Koch.

According to the Times, Steyer hosted “two dozen of the country’s leading liberal donors and environmental philanthropists” at his ranch in Pescadero, Calif., earlier this month. There, he pitched his plan to raise $50 million from donors, a sum he pledged to match. That money would be used in specific midterm elections, such as the Florida gubernatorial race or the Iowa U.S. Senate race.

However, $100 million may not be the ultimate goal. “Is it going to take $100 million? I have no idea,” Steyer said in an interview with the Times. “I think that would be a really cheap price to answer the generational challenge of the world.”

(Continued here.)

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