“Over 10 years ago I realized that there was something going on that had to do with fossil fuels, that we had to change. So I divested from fossil fuels.” — Tom Steyer, at the Democratic presidential primary debate in January. This is exaggerated. Mr. Steyer, the billionaire businessman who has emphasized climate change as a presidential candidate, has repeatedly faced questions over how investments in oil, gas and coal companies helped him amass his fortune.
Since 2014, Mr. Steyer has vowed to free his vast holdings from investments in fossil fuels. On the campaign trail, he has said that he has “divested from all of that stuff” though he has conceded that “there’s probably some dregs left.” Read Full Article - New York Times, January 23, 2020