BOSTON/JAKARTA/MELBOURNE (Reuters) - Billionaire Tom Steyer has rapidly become one of America’s most visible environmental advocates, vowing to punish lawmakers who don't oppose climate change and pledging to spend up to $100 million to put the issue centre stage in the Nov. 4 elections.
His in-your-face tactics have made him fierce enemies on the right who accuse him of hypocrisy and claim that he made much of his fortune through investments in fossil fuel energy at Farallon Capital Management, the San Francisco-based hedge fund he founded in 1986.