Remember When Billionaire Tom Steyer Was Going to Affect the 2014 Elections?

His plan to spread climate alarmism is going too well. The National Legal and Policy Center reports:

Billionaire enviro-liberal Tom Steyer should thank his earth-healing, universalist, Less-Than-Supreme Being that the planet’s survival isn’t dependent on his business influence or political expenditures, because they have been massive flops.

Take, for example, “Risky Business,” his venture (along with figureheads Henry Paulson and Michael Bloomberg) introduced in late June to pressure businesses, investors and policymakers to account for vast planning costs for impending global warming effects in their financial reports. Initial media coverage of the contrived project made it appear that it would exert major influence in the corporate world. But while the scheme attempted to show intellectual rigor and nonpartisan analysis, Risky Business was easily revealed to be nothing more than another deeply biased construction to drive a political agenda.

A month after its introduction – accompanied by a New York Times op-ed by Paulson and interviews by Steyer and Bloomberg – and Risky Business was already fizzling. Now, two months later, it appears to be evaporating into irrelevance.

Steyer utilizes the staff from his nonprofit Next Generation to keep Risky Business alive and relevant, but the Web site has quickly gone dormant. The project’s blog featured just three posts in the month of July, when you’d think Steyer would want the big bucks he spent to create the report to get the most bang. Worse, the entries were nothing original – just links to op-eds written by Risky Business “risk committee” members Henry Cisneros,Robert Rubin and Donna Shalala.

And the money he promised to raise to help Dems in 2014 is missing in action as well:

So that’s Steyer’s business effort – what about his campaign activism? There also we find weaknesses in influence and credibility. As NLPC mentioned a month ago, he pledged to raise $50 million from other donors to match his own $50 million in contributions to climate-conscious Democrat candidates, via his NextGen Climate Action Committee. Politico reported two weeks ago that only $1.7 million has come in, compared to the $11.6 million Steyer has delivered so far. The feeble response is illustrative more of an egomaniac with significantly more bluster than political muscle, but Steyer had an explanation.

“We have gotten a lot of people who I think would put in money alongside us as opposed to through us,” Steyer said at a conference in Aspen, Colo. “Because I think people like — particularly people when they think they’re spending a lot of money — like to feel as if they have some control over it, and if it’s their effort.”

That’s baloney, as there are PACs all over the place for wealthy liberals to give their money to – and they do. But they’re not giving it to NextGen.

The whole thing here.

 

NRO Staff — Members of the National Review Online editorial and operational teams are included under the umbrella “NR Staff.”

Most Popular

Law & the Courts

Obstruction Confusions

In his Lawfare critique of one of my several columns about the purported obstruction case against President Trump, Gabriel Schoenfeld loses me — as I suspect he will lose others — when he says of himself, “I do not think I am Trump-deranged.” Gabe graciously expresses fondness for me, and the feeling is ... Read More
Politics & Policy

Students’ Anti-Gun Views

Are children innocents or are they leaders? Are teenagers fully autonomous decision-makers, or are they lumps of mental clay, still being molded by unfolding brain development? The Left seems to have a particularly hard time deciding these days. Take, for example, the high-school students from Parkland, ... Read More
PC Culture

Kill Chic

We live in a society in which gratuitous violence is the trademark of video games, movies, and popular music. Kill this, shoot that in repugnant detail becomes a race to the visual and spoken bottom. We have gone from Sam Peckinpah’s realistic portrayal of violent death to a gory ritual of metal ripping ... Read More
Elections

Romney Is a Misfit for America

Mitt’s back. The former governor of Massachusetts and occasional native son of Michigan has a new persona: Mr. Utah. He’s going to bring Utah conservatism to the whole Republican party and to the country at large. Wholesome, efficient, industrious, faithful. “Utah has a lot to teach the politicians in ... Read More
Law & the Courts

What the Second Amendment Means Today

The horrifying school massacre in Parkland, Fla., has prompted another national debate about guns. Unfortunately, it seems that these conversations are never terribly constructive — they are too often dominated by screeching extremists on both sides of the aisle and armchair pundits who offer sweeping opinions ... Read More
U.S.

Fire the FBI Chief

American government is supposed to look and sound like George Washington. What it actually looks and sounds like is Henry Hill from Goodfellas: bad suit, hand out, intoning the eternal mantra: “F*** you, pay me.” American government mostly works by interposition, standing between us, the free people at ... Read More