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Billionaire Lobbyists On Keystone XL

It’s not what you think:

Billionaire Tom Steyer plans to renew his fight against Keystone XL in Washington on Monday.

NextGen Climate Action, founded by Steyer, will host a summit where participants will argue the Keystone XL pipeline proposed by TransCanada Corp. cannot pass President Obama’s climate test….

Steyer is opposed to the pipeline project — which would carry oil from the tar sands in Alberta, Canada to refineries in the Gulf of Mexico — and wants to stay engaged in the issue, Casey said.

Steyer made his money as an asset manager in San Francisco, i.e., Wall Street West, and gave tens of millions of dollars to raise corporate taxes in California, at the same time his for-profit bank lends to “underserved communities.” Maybe the reason they’re having a hard time raising capital, Tom, is because you’re busy chasing it out of the state.  And now you want to keep energy prices high for the proles.

All in a day’s work for the new Green Gentry.

Posted in Climate, Economics, Politics.

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