Michael Bloomberg pledges $500M to shutter U.S. coal plantsUPI, Jun 7, 2019
Former New York City Mayor Michael Bloomberg on Friday will launch what he calls the largest ever coordinated campaign to beat climate change, which will close all U.S. coal plants by 2030.
Bloomberg said the $500 million program, Beyond Carbon, will put the United States on track toward a 100 percent clean energy economy by working with advocates to "build on leadership and climate progress already underway."
Bloomberg and his foundation joined with the Sierra Club in 2011 to launch Beyond Coal with the goal of closing at least a third of U.S. coal plants.
The program aims to transition the United States to 100 percent renewable energy and "ensure that after the 2020 election, the next administration inherits a country already well on the way to a full clean energy economy," it said.
"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," Bloomberg said in a statement. "Mother Nature is not waiting on our political calendar, and neither can we."
https://www.upi.com/Top_News/US/2019/06/07/Michael-Bloomberg-pledges-500M-to-shutter-US-coal-plants/9331559879138/
