Yesterday
Mirjan Hipolito
Cryptocurrency and stock expert
Yesterday

Thomas Steyer warns California may lose federal wildfire funding

Thomas Steyer warns California may lose federal wildfire funding @TomSteyer: Steyer warns of funding loss

California faces uncertainty over federal wildfire funding as Thomas Steyer warns authorities about potential shortfalls.

The U.S. Forest Service has yet to confirm what resources will be allocated for the upcoming peak fire season. Steyer, a prominent figure in climate advocacy, draws parallels to previous years under the Trump administration, when key climate programs faced cuts. Concerns mount as private initiatives attempt to fill the gap left by potential federal funding absences, emphasizing the urgent need for action and collaboration to combat escalating wildfire threats.

Against this backdrop of funding uncertainty, Steyer’s cautions mirror broader discussions on how capital allocation shapes climate resilience—a subject he explored in his series on capital and climate for the U.S. economy. The current tensions also recall his analysis of persistent permitting challenges in California, which continue to complicate the state’s pursuit of robust climate goals amid intensifying environmental threats.

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