Billionaire retired investor Tom Steyer has pledged to spend at least $50 million of his fortune making climate change an election issue this year and is trying to entice other wealthy donors to put up another $50 million.
So far, he has been alone in writing checks to his climate-themed political organization, NextGen Climate Action Committee.
To change that, he gathered about 20 prospective donors and money-raisers at his California ranch earlier this month and made the $100 million pitch, two people familiar with the meeting confirmed. The money would be used to support candidates who want to address climate ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.