Wednesday, July 16, 2014

Frozen assets: Global warming billionaire can't build political war chest

Climate change as a political fundraising cause seems to be as hard as selling ice to Eskimos.

From Politico:
Billionaire environmentalist Tom Steyer is falling far short on his pledge to raise $50 million in outside money to make climate change a midterm-election weapon against the GOP.

His super PAC, NextGen Climate Action, has raised just $1.2 million from other donors toward that goal, according to still-unreleased figures that his aides shared with POLITICO. And he appears to be struggling to woo wealthy allies in his effort to compete with big-money conservative donors — leading some supporters to question whether his fundraising goal is realistic.

So far, the only really big donor to the Steyer cause is Steyer himself.
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