Green billionaire Steyer endorses Clinton

Green billionaire Steyer endorses Clinton
© Greg Nash

Billionaire environmental donor Tom Steyer endorsed Hillary ClintonHillary Diane Rodham ClintonWe need to be 'One America,' the polling says — and the politicians should listen Poll shows Biden with 6-point edge on Trump in Florida Does Joe Biden really want to be president? MORE for president Wednesday, citing her positions on clean energy and the middle class.

“Hillary Clinton is an experienced leader who will lead us to victory because she embodies the best values of our country,” Steyer said in a statement.

“She will put the needs of working families first. She will be fearless in her pursuit of solutions to the most urgent challenges we face. She will move us rapidly towards becoming ‘the clean energy superpower of the 21st century,’ with inclusive prosperity and a better future for all,” he said, quoting Clinton’s statements on renewable energy.

Steyer had previously hosted a fundraiser for Clinton and complimented her, but had held off on endorsing her. His endorsement came a day after Clinton, the now-presumptive Democratic presidential nominee, won California and three other state contests, cruising to a huge delegate lead over rival Bernie SandersBernie SandersWisconsin Supreme Court blocks governor's effort to delay election The Hill's Campaign Report: Biden, Trump discuss coronavirus response; Wisconsin postpones elections Wisconsin governor postpones Tuesday's election over coronavirus MORE

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Steyer, a former hedge fund manager who lives in the San Francisco area, has donated tens of millions of dollars of his own fortune since the 2014 election to Democratic candidates who want to take bold action on climate change, with mixed success.

He complimented Sanders for his work on climate change and economic inequality.

“His passion for justice sets an example for us all,” said Steyer.

Presumptive GOP presidential nominee Donald TrumpDonald John TrumpOvernight Health Care: US hits 10,000 coronavirus deaths | Trump touts 'friendly' talk with Biden on response | Trump dismisses report on hospital shortages as 'just wrong' | Cuomo sees possible signs of curve flattening in NY We need to be 'One America,' the polling says — and the politicians should listen Barr tells prosecutors to consider coronavirus risk when determining bail: report MORE, he said, “is utterly unfit to be our next president,” and his “racist rhetoric is directly offensive to our American values, and his dangerous actions would threaten our children’s future in every way.”

Steyer leads the NextGen Climate PAC, which could be primed to help Clinton. It is undertaking a $25 million effort to target millennials on college campuses, the largest college-focused election effort in history.

Steyer launched his 2016 efforts last year by challenging all of the presidential candidates to put forth climate plans that would result in 50 percent of the country’s electricity coming from emissions-free sources by 2030. Clinton, Sanders and former Maryland Gov. Martin O’Malley all complied.

Steyer, who is often compared to the conservative billionaire brothers Charles and David Koch for his fortune and his influence on elections, has promised a suite of other major efforts through NextGen as the campaign season continues.