Originally from The Huffington Post by Mollie Reilly (2/18/14)
Billionaire retired investor Tom Steyer is planning a $100 million push to make climate change a key issue in the 2014 midterm elections, the New York Times reports.
According to the Times, Steyer wants to make his group, NextGen Climate Action, a critical player in this year’s races by putting $50 million of his own funds into the San Francisco-based group and seeking an additional $50 million from outside donors. The former hedge fund manager reportedly met with two dozen liberal donors earlier this month to offer details on his plan.
NBC News confirmed the report Tuesday.
Steyer emerged on the national scene last year when he spent close to $8 million backing Democrat Terry McAuliffe’s campaign for Virginia governor. He funded ads going after Republican nominee Ken Cuccinelli’s environmental record, painting the then-Virginia Attorney General as an extremist. READ FULL ARTICLE…