Tom Steyer the billionaire hedge fund manager turned enviro-political activist is spending big bucks to sway voters toward pro-climate-action democrats in the midterm elections this fall, but some are questioning the factual integrity of ads sponsored by Steyer’s super PAC NextGen. While several respected fact-checking groups have poked holes in some of NextGen’s assertions –… Keep reading →
In a story as much about political campaign finance as about oyster farming in Washington State, climate change, ocean acidification and business competiveness are major themes. “It used to be the canary in the coal mine,” Mr. [Gov. Jay] Inslee said in a recent interview. “Now it’s the oyster in the half shell. You can’t… Keep reading →
Billionaire activist Tom Steyer came under the microscope last week when the New York Times profiled his role in managing a fund that invested heavily in Australian coal. Now a climate change mitigation crusader and democratic funder, some have called Steyer’s former Wall Street activity his Achilles’ heel, but many in the environmental community rushed… Keep reading →
The U.S. economy could face significant and regionally diverse economic risks from climate change if it continues on its current path (“business-as-usual”) without proper risk management – i.e. risk mitigation strategies – such as timely “investments in adaptation or policy efforts to mitigate climate change through lowering carbon emissions,” according to a new report titled… Keep reading →
The battle over fracking in Colorado is heating up with major funding flowing into both sides of the debate. Several ballot initiatives regarding the oil and gas well completion technology will be voted on this November. Celebrities like Yoko Ono and wealthy activists including Tom Steyer are supporting anti-fracking legislation, or in many cases, laws… Keep reading →
Is San Francisco billionaire Tom Steyer really about to declare war on natural gas? Rumors are swirling in Colorado and Washington, DC that Tom Steyer is ready to side with Democrat Congressman Jared Polis of Boulder and national ban-fracking activists who are working to shut down Colorado’s booming natural gas industry. The WSJ today reports: “Tom Steyer, a hedge fund billionaire turned environmental activist,… Keep reading →
The Obama administration announced last week – read the State Department’s statement here – it would further delay making a decision on the controversial Keystone XL oil pipeline project until later this year – almost certainly after the midterm elections. The latest delay has many stakeholders up in arms, to say the least. In an… Keep reading →
Billionaire hedge fund manager turned climate activist Tom Steyer is marshalling resources to help democrats maintain the Senate during this year’s midterm elections, with climate change as a major electoral issue. He’s putting $100 million toward the cause, but some question whether that’s enough to counter the more than $400 million the Koch brothers’ empire… Keep reading →
Many of the largest US pension fund managers gathered at the United Nations last week to discuss the risks and opportunities climate change poses to their investment portfolios. Institutional investment fund managers, like those in charge of pension resources, are in the difficult position of finding opportunities that provide returns needed to support beneficiaries for… Keep reading →
Billionaire hedge fund manager Tom Steyer and his political action committee have taken to the airwaves attempting to urge president Obama to reject the Keystone XL pipeline. The situation was detailed in a recent New Yorker article and you can read Breaking Energy’s view of the issue here. And here is US Senator Jon Tester’s… Keep reading →
