Michael Bloomberg Promises $500 Million to Help End Coal

Michael Bloomberg Promises $500 Million to Help End Coal

By: Lisa Friedman, NY Times

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Launched through @bloombergdotorg and @mikebloomberg, @BeyondCarbon – a $500M investment – is the largest coordinated campaign the U.S. has ever taken to transition to 100% clean energy. #beyondcarbon #climatesolutions http://bit.ly/2K1TUi7
Monday, June 10, 2019 - 10:35am

CAMPAIGN: Bloomberg & the Paris Agreement

CONTENT: Article

WASHINGTON — Michael R. Bloomberg, the former mayor of New York City, will donate $500 million 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 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.

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CATEGORY: Environment