by Katy Grimes, Senior Media Fellow and California Globe Editor
As appearing in the California Globe
Latecomer Democratic Presidential candidate Tom Steyer is looking for California campaign staffers. And he’s so concerned about diversity, equity, and inclusion, he uses the acronym “(DEI)” in the advertisement.
Billionaire climate change activist Tom Steyer made his fortune investing in the energy sector, through his hedge fund company, the Farallon Capital Management fund, which Steyer managed until 2012. Farrallon invested in coal mines in Australia and Indonesia, as well as in tar-sands oil, which is strip mined, processed to extract the oil-rich bitumen, which is then refined into oil. It’s an interesting career change and about-face.
Steyer founded NextGen Climate, an organization immersed in green cronyism. NextGen is a 501(c)(4) organization, and the NextGen Climate Action Committee is a political action committee fighting the Keystone Pipeline. Steyer said on the NextGen blog that while climate change had not always been on his radar, he came to believe he could no longer invest in fossil fuels – after becoming a billionaire.