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Michael Bloomberg donates $500m to campaign to close every US coal-fired power plant by 2030

WorldNews Friday, 7 June 2019
Michael Bloomberg donates $500m to campaign to close every US coal-fired power plant by 2030Michael Bloomberg, the former mayor of New York City, will donate $500m (£393m) to a new campaign to close every coal-fired power plant in the United States and halt the growth of natural gas, his foundation said on Thursday. The new campaign, called Beyond Carbon, is designed to help eliminate coal by focusing on state and local governments. The effort will bypass Washington, where Mr Bloomberg has said national action appears unlikely because of a divided Congress and a president who denies the established science of climate change. “We’re in a race against time with climate change, and yet there is virtually no hope of bold federal action on this issue for at least another two years,” Mr...
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News video: Michael Bloomberg Will Donate $500 Million To Help Close All Remaining U.S. Coal Plants

Michael Bloomberg Will Donate $500 Million To Help Close All Remaining U.S. Coal Plants 00:39

Former New York Mayor Michael Bloomberg will donate $500 million to fund a new initiative to shut down every remaining coal-fired power plant in America by 2030. Bloomberg's foundation saying it is a high-powered effort to counter the pro-fossil fuel agenda emanating from the White...

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