Is Tom Steyer Helping the Planet or Himself? | Breitbart
https://www.breitbart.com/politics/2016/05/17/tom-steyer-helping-planet/
Having made his billions from his tenure atop Farallon Capital Management—much of it from coal projects around the world—Steyer apparently had an environmental epiphany and now wants to atone for his past sins by trying to save the planet from manmade climate change.
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Tom Steyer
http://leftexposed.org/2018/01/tom-steyer/
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In 2004, Steyer was on the receiving end of left-wing criticism when student activists at Yale began investigating the methods Steyer used to amass his fortune, seeking disclosure of private equity at universities. Over the past decade, Farallon has become the pre-eminent financer of coal transactions in Asia and Australia, allowing him to accumulate a $1.6 billion net worth. The students formed a group called UnFarallon.info, a repository of negative news on Tom Steyer covering what the site identified as hypocrisy in many his investments. The site revealed Steyer has had direct, personal involvement in assembling a portfolio of strategic investments in overseas coal mines and coal-fired power plants unprecedented in scale. These investment interests promote the exploitation of one of the largest sources of thermal coal in the world, an energy source that Steyer has repeatedly condemned as an environmental hazard. The financing provided by this fund has enabled coal producers to restructure and recapitalize, leading to significant expansion of thermal coal production.
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Tom Steyer, starring in TV ads for tobacco tax hike, invested in tobacco companies - October 12, 2016
https://www.sacbee.com/news/politics-government/capitol-alert/article107857907.html
So Steyer invests to coal plants around the world. That’s nice. Pollute other 3rd world countries.
NIMBY - not in my backyard