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Billionaire Steyer Rejects Trade With Obama on Keystone

President Barack Obama’s adoption of measures to combat climate change shouldn’t be seen as a trade off for approving the Keystone XL pipeline, a top donor to his re-election campaign said.

Hedge-fund billionaire Tom Steyer unveiled a social-media campaign today meant to organize supporters and pressure the president to reject the pipeline, which would carry oil sands from Alberta to refineries along the Gulf of Mexico. Steyer hired a former Obama campaign digital producer, Tara McGowan, to help run the effort.