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Tom Steyer gets little payoff for millions spent on green issues
Tom Steyer gets little payoff for millions spent on green issues

Environmentalists had something in their arsenal for Tuesday's election they never did before: a billionaire benefactor willing to empty his pockets of tens of millions of dollars to bring climate change to the forefront of political debate and elect candidates committed to fighting global warming. But California hedge fund titan Tom Steyer's $74-million bet — most of it from his own wallet — yielded little payoff. On Tuesday, voters elected the most hostile Congress environmentalists have faced in years. The Republicans who won control are already making plans to roll back President Obama's signature emission reduction efforts, green-light the controversial...

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