Mike Bloomberg and Tom Steyer are well-known billionaire activists. Beyond the TARP fiasco, you may remember that Steve Milloy’s Free Enterprise Action Fund uncovered self-dealing by enviro Hank Paulson while he was chairman and CEO of Goldman Sachs.
The Hill reports:
Outgoing New York City Mayor Michael Bloomberg will launch a “major bipartisan initiative on climate change” in October with billionaire climate activist Tom Steyer and George W. Bush-era Treasury Secretary Henry Paulson, according to a published report.
The plan is mentioned in a new profile of Steyer and his work against the proposed Keystone XL oil sands pipeline in The New Yorker.
Bloomberg has made climate a priority with efforts including a major grant to the Sierra Club’s anti-coal plant work and plans to strengthen New York City’s defenses against powerful storms.