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Tom Steyer wants to ‘penalize people’ who add to ‘climate risk’
Watchdog dot org ^ | 7/1/2014 | Yaël Ossowski

Posted on 07/02/2014 2:24:54 AM PDT by markomalley

Speaking in New York City last week, Wall Street billionaire Tom Steyer laid clear his vision for penalizing people whose actions may contribute to climate change.

“We need to reward people whose behavior reduces climate risk and penalize people who add to it,” said Steyer “If we can get this right, I think there’s no doubt that our economy is going to continue to do very well.”

He was joined by several wealthy businessmen — such as Michael Bloomberg and former bankers and government officials Hank Paulson and Robert Reich— to unveil a report from Risky Business, an economic analysis of the financial impact to be caused by climate change.

A Wall Street baron, Steyer’s words are not to be taken lightly. Deemed the ‘liberal answer to the Koch Brothers, he’s one of the richest businessman in the United States and played a key part in raising millions of dollars to elect Barack Obama in 2008 once Hillary Clinton lost the Democratic nomination.

He met with the president this week to discuss what the White House could do to tackle climate change, and how “insurance industry’s role in helping American communities prepare for extreme weather and other impacts of climate change,” according to Reuters.

That points to a plan to allow insurance companies to begin assessing for “climate risk” in certain industries, a more market-focused approach to discourage industries from emitting large amounts of carbon dioxide.

Some of the people who may be “penalized” for adding to climate risks, however, are workers in plants and factories all over the rust belt of the United States. While they recognize the need to mitigate the effects of climate change, some believe this shouldn’t come to the detriment of industries and traditional blue-collar workers.

“It is a fact that global warming threatens our planet. Scientists are as certain of this as they are of the dangers of smoking or riding in a car without a seatbelt,” said Tony Montana, spokesman for the local United Steelworkers union in Pittsburgh. “Declaring “war” on entire industries, such as coal, oil, or natural gas, however, is not the answer. These industries created and supported a way of life for workers and their communities for generations.”

“The answer to the threat of global warming is to focus on building a sustainable energy policy that includes all options, including the clean usage of fossil fuels in addition to hydroelectric, wind, solar and other renewable energy sources,” added Montana. “As these industries and technologies develop, the USW is working to make sure that there will be a strong demand for our union’s core products such as steel, concrete, glass and rubber.”

If the idea of penalizing carbon emitters eventually makes it to the political process, Steyer has assured he will have allies in the fight.

NextGen Climate Action, a multi-million dollar political action committee funded entirely by Steyer, has already beefed up the Democratic Senate Majority PAC with more than $5 million in preparation for next year’s election to guarantee the issue of climate change remains a political issue in many key states. Key union groups have similarly received funding by Steyer.

The American Federation of County, State, & Municipal Employees, one of the largest unions in the U.S., has already received $10,000 from Steyer’s PAC in 2014, according to documents filed with the Federal Elections Commission.

A representative from AFCSME refused to speak to Watchdog.org for this report.


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS: bloomberg; climatechangefraud; globalwarminghoax; hankpaulson; robertreich; tomsteyer

1 posted on 07/02/2014 2:24:54 AM PDT by markomalley
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To: markomalley

It’s really hard not to hate these people.


2 posted on 07/02/2014 2:29:03 AM PDT by Tax-chick (I don't feel obligated to provide you with a non-boring gun.)
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To: markomalley

That’s one sick SOB.


3 posted on 07/02/2014 2:32:15 AM PDT by Amagi (Lenin: "Socialized Medicine is the Keystone to the Arch of the Socialist State.")
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To: markomalley

Then charge ALGORE the most. He has a 40,000 sq ft house and drives a hummer & flies all over the country in a jet with a lot of empty seats. . . . . . He should be flying commercial.


4 posted on 07/02/2014 2:33:19 AM PDT by DeaconRed (Why would ANYBODY want to be President after the mess ZERO is leaving?)
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To: markomalley

Eat the rich.


5 posted on 07/02/2014 2:34:12 AM PDT by who knows what evil? (Yehovah saved more animals than people on the ark...www.siameserescue.org.)
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To: markomalley
“We need to reward people whose behavior reduces climate risk and penalize people who add to it,” said Steyer “If we can get this right, I think there’s no doubt that our economy is going to continue to do very well.”

If you exclude billionaires and welfare queens, there are very few people who think our economy is doing well at all. He's right though that if we add to the cost of creating jobs with a carbon tax (a tax on breathing!!!), we will continue this jobless "recovery", we will continue to lose full time jobs, and we will continue to lose manufacturing jobs.

6 posted on 07/02/2014 2:36:36 AM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: markomalley

The American people are seething with anger at the continued fraud and corruption of rich people. I mean the ones that fund the leftists who rob us of our freedom and seek to enslave us.

These scumbags better watch their P’s and Q’s.

FUTS


7 posted on 07/02/2014 2:40:27 AM PDT by dforest
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To: markomalley

“Speaking in New York City last week,”
“Tom Steyer wants to ‘penalize people’ who add to ‘climate risk’”
_________________________________________________
Tom, you need to sit down with the SUN and have a serious conversation.


8 posted on 07/02/2014 2:41:48 AM PDT by AlexW
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To: markomalley

Liberal fascist.


9 posted on 07/02/2014 3:05:29 AM PDT by Unam Sanctam
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To: markomalley
our economy is going to continue to do very well.”

He's in the upper 1%, they are doing 'very well' in todays rigged economy. The rest of us, not so much.

He's like Soros, very much in need of an 'accident'.

10 posted on 07/02/2014 3:37:32 AM PDT by tbpiper
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To: Unam Sanctam
Liberal fascist.

Redundant.

11 posted on 07/02/2014 3:46:05 AM PDT by facedown (Armed in the Heartland)
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To: markomalley

Mr Steyer, you are entirely correct. Contributing unduly to the risks associated with climate change are indeed worthy of punishment.

I suggest, in a two-fold interest, to injuriously tax you away from your billions. On the first part, you have no business hoarding all that cash at the expense of the poor working man, and on the second part, your Billions are responsible to fueling industry with capital to expand pollution in this country. Your ‘billions’ aren’t sitting around in a safe; they are out loaning money to polluters, to homebuilders that cut down trees, to normal people buying cars that pollute, pollute, pollute.

I say we divest you entirely from moral and environmental problem so that as a good little socialist you can sleep comfortably in the smugness of ideological stupor.


12 posted on 07/02/2014 4:00:02 AM PDT by Gaffer
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To: markomalley

Someone please advise Mr. Steyer that he may no longer fly or drive. He must either bicycle or sail. No excessive methane emissions as well.


13 posted on 07/02/2014 4:15:01 AM PDT by Artie (We are surrounded by MORONS)
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To: markomalley

Calling Meghan Kelly!!!! We need an expose on Tom Steyer. We need to know who he is and how he stands to profit from his support of “climate change.”


14 posted on 07/02/2014 4:31:09 AM PDT by jazzlite (esat)
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To: markomalley

LUTFA!


15 posted on 07/02/2014 4:54:15 AM PDT by x1stcav ("The past is a foreign country: they do things differently there.")
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To: markomalley

How are people this stupid successful. He really believes this BS.


16 posted on 07/02/2014 5:18:37 AM PDT by ilgipper
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To: markomalley

Algore should be doing 600 years then.


17 posted on 07/02/2014 5:19:38 AM PDT by albie
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To: markomalley

Did he make this statement from the theater area of his private 777?


18 posted on 07/02/2014 5:51:36 AM PDT by Gay State Conservative (Rat Party Policy:Lie,Deny,Refuse To Comply)
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To: Artie
Someone please advise Mr. Steyer that he may no longer fly or drive. He must either bicycle or sail.

Add to that no more heating or cooling systems in any of his 8 homes.

19 posted on 07/02/2014 5:54:14 AM PDT by Gay State Conservative (Rat Party Policy:Lie,Deny,Refuse To Comply)
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To: AlexW
Tom, you need to sit down with the SUN and have a serious conversation.

You fool! What could the sun *possibly* have to do with the earth's climate?????

20 posted on 07/02/2014 5:56:22 AM PDT by Gay State Conservative (Rat Party Policy:Lie,Deny,Refuse To Comply)
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To: Gay State Conservative

Tax and punish Fat People. They have a much larger carbon Butt Print.


21 posted on 07/02/2014 6:11:47 AM PDT by Awgie (truth is always stranger than fiction)
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To: markomalley

And after the meeting they all got into their limos or suvs that were left running with the a/c on (bloomberg was known to do that) and then head to the airport and jet off to one of their multiple homes.


22 posted on 07/02/2014 6:35:11 AM PDT by minnesota_bound
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To: markomalley
Tom Steyer is lending political clout to what has been Obama’s six-year war on the middle class—a middle class grown weary of quixotic billionaires on harebrained missions.
23 posted on 07/02/2014 6:47:35 AM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: markomalley

Conflict between the envrio nazis and big labor would be a good thing.


24 posted on 07/02/2014 8:32:48 PM PDT by Impy (RED=COMMUNIST, NOT REPUBLICAN)
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