Michael Bloomberg Launches Beyond Carbon, the Largest-Ever Coordinated Campaign Against Climate Change in United States

Beyond Carbon Brings Bloomberg’s Global Investment in Fighting Climate Change to $1 Billion
Jun 7, 2019 2:15 PM ET

Originally posted on bloomberg.org.

New York, NY – In a commencement address today at the Massachusetts Institute of Technology, Michael R. Bloomberg will launch Beyond Carbon, the largest coordinated campaign to tackle climate change ever undertaken in the United States. With a $500 million investment — the largest ever philanthropic effort to fight the climate crisis — Beyond Carbon will work to ­put the U.S. on track towards a 100% clean energy economy by working with advocates around the country to build on the leadership and climate progress underway in our states, cities, and communities. Bloomberg and his foundation joined forces with the Sierra Club in 2011 to launch Beyond Coal with the goal of closing at least a third of the country’s coal plants. With 289 of 530 closed to date – more than half the country’s coal fleet – Beyond Carbon will aim to close the rest by 2030 and stop the rush to build new gas plants.

Click here to read the full press release.