Billionaire activist and 2020 presidential candidate Tom Steyer
Tom SteyerGOP targets ballot initiatives after progressive wins On The Trail: The political losers of 2020 Biden Cabinet picks largely unify Democrats — so far MORE on Sunday defended his past investments in fossil fuels and his recent entry into the Democratic race.
Steyer was asked on ABC's "This Week" about the investments his hedge fund had made in fossil fuels, though he has more recently spent millions of dollars to fight climate change.
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"In our business, we invested in every part of the economy, including fossil fuels," he said. "When I realized what a threat this was, I changed. I divested from all that stuff."
He added he "took a giving pledge" and asked "every American to do what I did."
Steyer also defended getting into the race after saying in January he wouldn't do so.
He said support for impeaching President Trump
Donald TrumpBiden to hold virtual bilateral meeting with Mexican president More than 300 charged in connection to Capitol riot Trump Jr.: There are 'plenty' of GOP incumbents who should be challenged MORE, a subject on which he has spent millions of dollars on national advertising, is growing.
Donald TrumpBiden to hold virtual bilateral meeting with Mexican president More than 300 charged in connection to Capitol riot Trump Jr.: There are 'plenty' of GOP incumbents who should be challenged MORE, a subject on which he has spent millions of dollars on national advertising, is growing.When ABC's Jonathan Karl pointed out support is for impeachment is still below 50 percent, Steyer said more public visibility would help the cause.
"Let the American people see the facts and let them judge. That hasn't happened. It is a failure of government," Steyer said.
