News Release: Associated Press
July 16, 2014
WASHINGTON (AP) -- A super PAC backed by environmentalist billionaire Tom Steyer is falling far short of its goal to raise $100 million to put climate change at the forefront of the 2014 midterm elections.
NextGen Climate Action in May unveiled plans to spend $100 million in seven races. Steyer contributed $50 million himself, and the group said it planned to raise another $50 million from likeminded donors.
But NextGen says so far, it's raised less than $5 million, and only $1.2 million for the super PAC. The rest is being used to oppose the Keystone XL pipeline and for other costs.
NextGen says it will keep raising money aggressively. The group is targeting Senate races in New Hampshire, Iowa, Colorado and Michigan and gubernatorial races in Pennsylvania, Florida and Maine.