Washington, D.C. – Just weeks ago, Senator Raphael Warnock voted for President Biden’s “Inflation Reduction Act” that doesn’t reduce inflation. What the bill does do however is dump billions of dollars into “green energy” projects.
So it’s no surprise that late last month Warnock headed to San Francisco to collect campaign contributions from executives of businesses surely to benefit from all that new government spending. Executives like limousine liberal billionaire Tom Steyer, a heavy investor in “green” initiatives and ]the father of the Green New Deal.
According to the Washington Free Beacon:
Steyer, a Democratic donor who ran a short-lived campaign for president in 2020, launched a “climate investment fund” called Galvanize in 2021 with a goal of investing “billions” into decarbonization companies. The fund’s reported investments include Regrow Ag, a startup that “aims to help accelerate the shift to climate-friendly farming” and Arable, which seeks to “create a more sustainable food supply.”
Both Regrow Ag and Arable were named as companies that are likely to benefit from a $20 billion earmark in the federal spending bill, according to an analysis published by the clean energy investment firm G2 Venture Partners on Aug. 17, the day after the bill was signed by President Joe Biden.
Statement from NRSC Spokesman T.W. Arrighi: “Raphael Warnock hitting up San Francisco billionaires for campaign contributions right after he voted to send their industry billions is about as brazen as you can get. Warnock once lamented politicians who enriched themselves while in public office and sought donations from the elite who benefit most from Washington’s largesse. Well, he’s now doing both very openly.”
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