"Tom Steyer has decided that the Democratic party desperately needs yet another white man to fix the problems caused by a white man, and he feels he is just the white man for the job. So he’s planning to blow $100m of his own money to do it. At a time when the Democratic party seems completely uninterested and unimpressed by rich white men, this rich white man has made the calculation that what the Democratic party is greatly lacking in its enormous candidate pool is another rich white man specifically put his riches front and center."
NYT: There is little doubt that a message of government reform has broad appeal to Democrats. But Mr. Steyer is also now on his third signature issue in little more than half a decade — after first championing climate change as a campaign topic, and then presidential impeachment — and he will have to compete with more than a handful of other Democrats trumpeting clean-government themes.
Some of those candidates can be expected to push back on Mr. Steyer’s self-presentation: Mr. Sanders, for one, said on MSNBC that he liked Mr. Steyer personally but was “a bit tired of seeing billionaires trying to buy political power.”
A top-line claim in the latest U.S. government climate report is based on research funded by groups tied to Democratic donors.
The new National Climate Assessment claims the U.S. economy could take a 10 percent hit from global warming. However, that claim is based on research funded by groups founded by Tom Steyer and Mike Bloomberg.
The Bloomberg-Steyer-funded study found future temperature rise could cost “roughly 1.2% of gross domestic product per [additional one degree Celsius increase] on average.” At the most extreme high-end, that could add up to 10 percent of GDP by 2100.
Pielke called the use of such an extreme scenario “embarrassing” because it’s based on a future that’s 15 degrees Fahrenheit warmer — in other words, twice what the United Nations’ most extreme scenario projects.