Tom Steyer has worked to promote economic development and environmental protection in California. In 2012, Tom Steyer served as chairman for Yes on Proposition 39, which closed a tax loophole for out-of-state corporations and created jobs in California. In 2010, Steyer teamed with former Secretary of State George Shultz to defeat California’s Proposition 23, an effort by out-of-state oil companies to dismantle California’s groundbreaking clean energy law, AB 32.

Tom and his wife, Kat Taylor, joined Warren Buffett, Bill and Melinda Gates and other wealthy Americans in the “Giving Pledge,” a promise to donate the majority of their wealth to charitable activities during their lifetimes. He and Kat created and funded the Oakland-based Beneficial State Bank, which provides loans and banking services to underserved small businesses, communities, and individuals along the West Coast.  

Tom and Kat have co-founded two renewable energy research institutions at Stanford University: the TomKat Center for Sustainable Energy and the Steyer-Taylor Center for Energy Policy and Finance. Tom also founded Advanced Energy Economy to advance policy in the clean energy sector, and NextGen Climate, which acts politically on climate issues. Tom served as a delegate to the Democratic National Conventions in 2004 and 2008 and is a board member of the Center for American Progress. Tom is a graduate of Yale University and received his MBA from Stanford’s Graduate School of Business.

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