California Climate Focus Shift: Billionaire Candidate Prioritizes Affordability

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A fire danger sign is marked as ‘extreme’ in the Oakland Hills neighborhood of Oakland on Jan. 16, 2025.

Tom Steyer’s recent campaign announcement for California governor marked a significant departure from his environmental advocacy roots, focusing instead on economic concerns like affordability and cost of living.

Spearheading this shift is the billionaire environmentalist who once made climate change the centerpiece of his political career. His kickoff video centered exclusively on practical issues, specifically highlighting daily costs as the election’s primary driver. Campaign strategist Rebecca Katz emphasized that “Everyone knows this race is really about affordability; Tom wants to get back to basics.”

This approach represents a sharp contrast from Steyer’s 2020 presidential bid, where he elevated climate change policy as his top priority and pledged immediate action upon assuming office.

The strategic pivot highlights an apparent broader recalibration among California Democrats ahead of the 2026 midterms. With voters seemingly shifting their attention to immediate economic concerns over long-term environmental threats in a state known for its progressive policies, Steyer’s allies acknowledge that climate credentials still matter despite not being center stage this cycle.

Steyer’s advisors argue his environmental accomplishments remain relevant even if the emphasis has shifted. Adviser Doug Rubin stated unequivocally, “Tom’s environmental record is impeccable.” Others maintain confidence in his commitment to both fiscal responsibility and ecological protection, believing he’ll ultimately prioritize California’s economic needs alongside environmental concerns.

The transition reflects a growing political reality: as climate anxieties recede from voter priorities following the 2018 high-water mark where over half ranked it highest among state issues, candidates must navigate competing demands on the ballot.