Tom Steyer: How Climate Change Changed Me
Tom Steyer is founder and president of NextGen Climate, an organization that acts politically to avert climate disaster and preserve American prosperity. He recently responded to a New York Times article that detailed how he made his fortune as a hedge fund manager with portfolios in the fossil fuel industry. The article claimed his recent conversion to climate activist was hypocritical.
The article that ran, which detailed fossil-fuel investments that my former firm made when I was leading it, suggested that those investments were inconsistent with my current advocacy for more progressive energy policies. As I offered to say then, I will say now: I left the firm and committed myself to addressing global climate change because—based on the scientific evidence—I could not reconcile my personal values with managing a fund that by mandate is invested in all sectors of the global economy, including fossil fuels. Read full article: Tom Steyer: How Climate Change Changed Me