There’s no dark money in Tom Steyer’s green coffers.
Alongside his political action committee, NextGen Climate, the billionaire environmentalist and Democrat on Wednesday announced plans to spend big on seven election races this November, with hopes to elect senators and governors around the country who are dedicated to combating climate change. He will spend at least $50 million supporting such candidates, while also fundraising another $50 million from other donors.
“The debate on climate change is settled: It is here, it is human-caused and it is already having a devastating impact on our communities, but we need to accelerate the level of political support to address this critical issue before it’s too late,” said Steyer, who founded NextGen in 2013. “This means making politicians feel the heat—in their campaign coffers and at the polls.” MORE