Tom Steyer: Green Energy Presents Opportunity ‘to Make a Lot of Money’

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Billionaire environmentalist Tom Steyer last year touted green energy policies as a potential windfall for companies that invest in renewable energy technology.

“It’s a big business opportunity,” Steyer told like minded activists and policymakers at a gathering at his California home. “It’s a chance to make a lot of money.”

A video of his remarks was posted to the website Complete Colorado on Wednesday.

The event promoted the efforts of Advanced Energy Economy, a group of green energy businesses co-founded and chaired by Steyer.

The group’s membership includes a number of companies that have benefitted directly from federal policies aimed at building a “green energy economy” through grants, loans, and other subsidies for renewable energy.