It's election day in America—the political equivalent of a tech IPO. And this election, Silicon Valley's tycoons donated heavily across a variety of candidates, partisan PACs, and ballot measures.

Silicon Valley's tech tycoons have been lurching towards the right wing for years now. But with the Valley's valuations climbing to record heights, those billionaires are backing Republicans like never before—and the party of obstruction is willing to say whatever it takes to get their dollars.

Between the rolling green hills of Aspen, monied tech chums have convened at Fortune's Brainstorm Tech 2013 conference, a vague confab about innovation, or something. On the agenda: defending their own existence.

John Doerr is a White House advisor, prominent billionaire, and Silicon Valley household name—at least among yuppie Valley households who care. Six years ago, he famously stepped back and forth across a TED Talk stage cheerleading "green tech," warning of global environmental disaster, and breaking into tears at the prospect. Today, he's bankrolling Mark Zuckerberg's dirty fuel campaign. What the hell happened?