The Latest | Page 3

TomSteyer49559849691
Image by Gage Skidmore at Wikimedia Commons: https://commons.wikimedia.org/wiki/File:Tom_Steyer_(49559849691).jpg
Walter Myers III
December 30, 2025
Energy
6

Tom Steyer’s Affordable Energy Promises to California Are Unaffordable

Walter Myers III
December 30, 2025
Energy
6
Tom Steyer, the billionaire climate activist running for California governor, promises to cut electric bills by 25 percent by breaking up big utility companies like PG&E and Southern California Edison. In his ads, he boasts about fighting oil and gas companies, like when he helped kill Proposition 23 back in 2010. But here’s the problem: California’s economy runs 84 percent on fossil fuels. It powers our cars (mostly petroleum), factories, homes for heating (mostly natural gas), and even backs up our electricity (gas plants fill the gaps). Steyer’s war on these companies ignores simple supply-and-demand math, making his bill-cutting talk ring hollow. Read More ›