It may be unusual to hear the ultra-rich argue for increasing government regulation of the economy, but billionaire Tom Steyer believes such a thing is necessary to stop the onslaught from climate change. Steyer may be best known for his longtime investment in climate solutions, as well as his decision in 2012 to step away from a highly successful investment fund he had founded.
Like many people who pay attention to the overwhelming scientific evidence that humans are causing climate change by burning fossil fuels, as explored in his new book "Cheaper, Faster, Better: How We'll Win the Climate War," which was released this month. He sees climate changes as a multi-pronged menace, one that causes hardships from mass migration to extreme weather events like hurricanes, wildfires and droughts.
