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Maya C. Miller

CalMatters

Tom Steyer, the billionaire climate activist and businessman who unsuccessfully ran for president in 2020, is the latest Democrat to jump into California’s crowded gubernatorial field.

His two core promises — which could appear at odds — are to preserve the state’s status as a hub for business and innovation while also lowering California’s cost of living by making corporations pay “their fair share,” he said in a video message.

The nearly two-minute campaign launch film, which intersperses sleek graphics with footage of line cooks, ranchers and manufacturing workers on the job, encapsulates those dueling themes.

“There’s a reason everybody comes here to start businesses — beca

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