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Billionaire has unique role in official Washington: climate change radical
Washington Post ^ | 17 February 2013 | Juliet Eilperin

Posted on 02/23/2013 8:16:49 AM PST by Lorianne

When Thomas Steyer — a San Francisco billionaire and major Democratic donor — discusses climate change, he feels as if one of two things is true: What he’s saying is blindingly obvious, or insane.

It’s a somewhat shocking statement for someone who’s in the running to succeed the cerebral Steven Chu as energy secretary. Granted, he’s a long shot — the leading contender is MIT professor Ernest Moniz, who served as the department’s undersecretary during the Clinton administration — but his backers say his strength lies in combining business savvy with an activist’s passion.

But it’s not as if Steyer, 55, needs an official government perch to make an impact. Armed with his wealth and his political connections, Steyer has played a critical behind-the-scenes role in helping shape the country’s national energy policy. He has helped bankroll two successful ballot initiative campaigns in California since 2010, including one last fall that closes a corporate tax loophole and steers $500 million toward energy-efficiency projects for each of the next five years. He has funded initiatives at the Brookings Institution and the Center for American Progress, along with major research centers at Yale and Stanford. And he has spoken with President Obama about how to pursue climate and energy policy in a second term.

But Steyer is taking on a more prominent public role..“I’m not the first person you’d expect to be here today. I’m not a college professor and I don’t run an environmental organization,” he said. “For the last 30 years I’ve been a professional investor and I’ve been looking at billion-dollar investments for decades and I’m here to tell you one thing: The Keystone pipeline is not a good investment.”

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: billionaires; billiondollarmarxist; climatechange; donors; doomsdaycult; envirowhackos; globalistwarming; globalswarming; globalwarming; globalwarminghoax; redistribution; steyer
Well he's got one thing right: The Keystone pipeline is not a good investment.

That has nothing to do with environmental objections, it's just a ponzi scheme.

1 posted on 02/23/2013 8:17:01 AM PST by Lorianne
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To: Lorianne
I’ve been looking at billion-dollar investments for decades and I’m here to tell you one thing: The Keystone pipeline is not a good investment.”

The Keystone pipeline won't get billions in subsidies like windmills.
2 posted on 02/23/2013 8:21:43 AM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Lorianne

“Climate change”..There’s that phrase again. What use to be called “global warming” but what I like to call “The CO2 hoax to enrich Al Gore” because that’s how allll this started.

A few months ago Al Gore was worth $100 million. Now they have his net worth at $300 million.

http://www.celebritynetworth.com/richest-politicians/democrats/al-gore-net-worth/

CO2, a necessary gas for life to exist on earth which has a percentage of 0.04% in the earths atmosphere which you can literally call zero point zero. Al Gore incredibly has convinced people that a percentage of zero point zero is too high. Read that again because that is exactly why this tub of pig excrement is worth $300 million.


3 posted on 02/23/2013 8:28:23 AM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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To: GrandJediMasterYoda

For relief, please see my tagline.


4 posted on 02/23/2013 8:31:10 AM PST by Cletus.D.Yokel (*Catastrophic Anthropogenic Climate Alteration: The acronym explains the science.)
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To: Lorianne

We who believe it’s hokum are the radicals. The nutjobs are the ones in the mainstream these days.


5 posted on 02/23/2013 8:32:07 AM PST by Defiant (If there are infinite parallel universes, why Lord, am I living in the one with Obama as President?)
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To: Lorianne

Another, ‘I got mine, let’s keep everyone else in their place’ rich liberal.


6 posted on 02/23/2013 8:32:12 AM PST by pieceofthepuzzle
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To: Cletus.D.Yokel

LOL! Excellent!


7 posted on 02/23/2013 8:32:44 AM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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To: Lorianne

Warren Buffett has already demonstrated that you can be a successful investor and be very wrong-headed at the same time. We don’t need another lesson on this.


8 posted on 02/23/2013 8:36:54 AM PST by Rocky (Obama is pure evil.)
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To: cripplecreek

I hope it won’t.
It’s a scam every bit as bad as those


9 posted on 02/23/2013 8:37:33 AM PST by Lorianne (fedgov, taxporkmoney)
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To: Lorianne

Why would you say it is just a ponzi scheme? Have you never looked at the money laundering schemes of the windmills and solar companies and environmental projects? You need to educate yourself.


10 posted on 02/23/2013 8:41:44 AM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Lorianne

Republicans need to reframe the debate. Globull Warming and Climate Change is just a way to steal our tax money. It’s really called pollution and Republicans should be blaming middle east oil and Chinese and Russian coal production.

By saying cleaner American energy production will solve the problem, things like Keystone and other energy initiatives can be promoted and Democrats will have to either go along or continue the lie.

The energy lie can easily be debunked by Republicans. They just need the cajones.


11 posted on 02/23/2013 8:45:08 AM PST by EQAndyBuzz (Got a problem? Nothing a drone strike can't fix.)
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To: cripplecreek

Where oh where is the “like” button when you need it?


12 posted on 02/23/2013 8:45:56 AM PST by kabumpo (Kabumpo)
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To: freekitty

Both are ponzi schemes. The money is made by the early investors, later ones will lose.


13 posted on 02/23/2013 8:51:52 AM PST by Lorianne (fedgov, taxporkmoney)
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To: freekitty

Both are ponzi schemes. The money is made by the early investors, later ones will lose.


14 posted on 02/23/2013 8:52:17 AM PST by Lorianne (fedgov, taxporkmoney)
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To: Lorianne

“he feels as if one of two things is true: What he’s saying is blindingly obvious, or insane.”

Um, we should pay attention to someone who admits there’s a fifty percent chance his views are insane?

If he admits it is a possibility, I’d like to hear his reason(s) why he thinks it is a possibility. Should be interesting. Too bad the reporter didn’t ask that obvious follow-up question. Just moved on, after dropping that bombshell.


15 posted on 02/23/2013 8:52:26 AM PST by Chad N. Freud (FR is the modern equivalent of the Committees of Correspondence. Let other analogies arise.)
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To: Cletus.D.Yokel

How do you like this - The other night I was watching Jeopardy, and behold: Somehow the pig excrement had weaseled his way onto the show to further the hoax. I couldn’t believe it. I got so ticked off I actually wrote the producers a letter asking them to invite me on for a rebuttal.

http://www.youtube.com/watch?feature=player_embedded&v=bgBKiaUITSo


16 posted on 02/23/2013 8:54:34 AM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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To: EQAndyBuzz
Republicans need to reframe the debate. Globull Warming and Climate Change is just a way to steal our tax money.

Here in the upper midwest I would point to the amazing abundance of hydroelectric potential in the form of existing dams. Depending on the dam, a small hydro generating plant costs around 1/4 more than erecting a windmill but produces as much (Dependable and consistent) electricity as a half dozen windmills. Also a hydroelectric generation plant doesn't need to be replaced every 10 to 15 years. Hydro works every day all day. The lake here is froze over and guys are ice fishing but the dam next to my house is still dumping a couple thousand gallons per second.

If I were a congressman I would be loudly questioning the real reason for destroying dams and the proven energy production methods only to replace them with expensive and inefficient windmills.

BTW one added bonus of hydro is the fact that it creates wealth as a side effect in the form of high dollar lakefront real estate, fishing, boating and other water related recreational activities.
17 posted on 02/23/2013 9:05:14 AM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Lorianne
...discusses climate change, he feels as if one of two things is true: What he’s saying is blindingly obvious, or insane.

Since liberals are incapable of recognizing, understanding, realizing, comprehending or accepting the "truth" that means he, along with millions like him, are insane.

18 posted on 02/23/2013 9:05:14 AM PST by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: Lorianne

This reminds me of the little Rascals episode where Petey gets thrown into the pound and Weezer is crying to get him out and this rich lady comes and says “Oh little boy what is the matter?” And Weezer tells her what happened and he says it will cost 2 dollars to get him out. “2 dollars? Is that all?” LOL!


19 posted on 02/23/2013 9:13:18 AM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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To: GrandJediMasterYoda

Oops wrong topic


20 posted on 02/23/2013 9:15:07 AM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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To: Lorianne

“I’m not a college professor and I don’t run an environmental organization...”

And he sure as hell didn’t sleep at a Holiday Inn last night.


21 posted on 02/23/2013 9:29:13 AM PST by Attention Surplus Disorder (This stuff we're going through now, this is nothing compared to the middle ages.)
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To: Lorianne

How do you knows the Keystone is ponzi? The others are money laundering not poinzi.


22 posted on 02/23/2013 10:34:47 AM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Lorianne; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; alrea; ...
DOOMAGE!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

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Gas Tax Could Become Green Energy Catalyst

Climate contradiction: Less snow, more blizzards

Carbon Tax Hallucinations

Dems hold fire on climate votes

Green groups rally on climate, urge Obama to reject Keystone pipeline

Obama’s energy plans—triumph or tragedy

Preparing For A World Of Climate Change-Induced Weather Disasters

Global Warming on Free Republic

Latest from Global Warming News Site

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Latest from Real Climate

Latest from Climate Depot

Latest from Junk Science

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Latest from CO2 Science

23 posted on 02/23/2013 12:02:16 PM PST by Tolerance Sucks Rocks (Happy New Year!)
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To: Lorianne; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; alrea; ...
DOOMAGE!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

Environmentalists Okay with Al Gore Selling Current TV for Oil Money

Gas Tax Could Become Green Energy Catalyst

Climate contradiction: Less snow, more blizzards

Carbon Tax Hallucinations

Dems hold fire on climate votes

Green groups rally on climate, urge Obama to reject Keystone pipeline

Obama’s energy plans—triumph or tragedy

Preparing For A World Of Climate Change-Induced Weather Disasters

Global Warming on Free Republic

Latest from Global Warming News Site

Latest from Greenie Watch

Latest from Real Climate

Latest from Climate Depot

Latest from Junk Science

Latest from Terra Daily

Latest from CO2 Science

24 posted on 02/23/2013 12:03:17 PM PST by Tolerance Sucks Rocks (Happy New Year!)
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To: Lorianne

It is always amazing that someone so anti human can get so rich. The demagoguery of the left is without parallel and the amount of money they control is corrupting science along with everything else.


25 posted on 02/23/2013 1:06:34 PM PST by Truth29
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To: freekitty

Increasingly we are spending a higher percentage of the energy we get in the extraction of that energy. That’s not sustainable in the long run and it’s certainly not a good economic strategy.

The only way the ‘tar sands’ extraction can make money right now is by suckering in investors who think there is going to be a big payday down the road. But most of the money being made is in luring in investors.


26 posted on 02/23/2013 7:32:58 PM PST by Lorianne (fedgov, taxporkmoney)
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To: Lorianne

What would you suggest? I am not being funny.


27 posted on 02/23/2013 10:20:07 PM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Lorianne
Increasingly we are spending a higher percentage of the energy we get in the extraction of that energy

You are talking about windmills? High EROEI for wind is BS. Forget EROEI and look at price per kWh with and without subsidies and gas, oil and coal all win hands down.

28 posted on 02/25/2013 3:52:19 AM PST by palmer (Obama = Carter + affirmative action)
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To: palmer

I agree gas coal and oil win (with and without subsidies, which by the way there should be no subsidies).

However, the EROEI is constantly getting smaller and particularly with tar sands, it’s ridiculously small, even with lots of subsidies.

Thus Keystone is not economically viable because what it will be carrying is not economically viable


29 posted on 02/25/2013 6:25:25 AM PST by Lorianne (fedgov, taxporkmoney)
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