Green War! Mike Bloomberg Announces $242 Million Bid to Coal Shut Down
Jeffrey Clark
May 18th, 2022 5:05 PM
A liberal billionaire and former mayor of New York City is announcing a roughly quarter-billion-dollar push to crush coal production in 10 developing countries.
Michael BloombergMichael Bloomberg, a failed 2020 presidential candidate with a net worth of $70 billion, according to Celebrity Net Worth, is throwing a whopping $242 million at achieving his long-standing goal of ending coal production across the world. Bloomberg’s pledge to kill off coal also marked “the first phase of his commitment at COP26 in Glasgow to help shutter or cancel a quarter of the world’s coal plant capacity,” according to Bloomberg Philanthropies. Bloomberg himself proclaimed, “‘We’ve already helped close more than two-thirds of U.S. coal plants, and more than half of Europe’s, faster than almost anyone thought was possible, while also reaping economic benefits.’” [Emphasis added].
Bloomberg attended a Sustainable Energy For All (SEforALL) conference that began on May 17 to articulate his radical climate vision to green elites like U.N. Secretary-General Antonio Guterres. Guterres’s comments were even more extreme: “The addiction to fossil fuels must end, starting with coal, by 2030 in OECD countries, and 2040 everywhere else. And we must leave no one behind.” But Bloomberg and Guterres’s shared vision of a world without coal seems at odds with SEforALL’s self-declared goal to support “affordable, reliable, sustainable and modern energy for all by 2030.” SEforAll’s website says 759 million people don’t have electricity access, a problem that coal — once the world’s most abundant energy resource, according to the World Energy Council — might help solve.
But this wasn’t the first time that Bloomberg has fought to cripple American energy production and make life harder for regular people. The former biparty mayor of New York City dumped hundreds of millions of dollars into the 2020 election to back Democrats who “share[d] his views on climate,” according to Axios. And even worse, he dedicated a cool $500 million to wipe out coal and natural gas production in the U.S. back in 2019.
https://newsbusters.org/blogs/business/jeffrey-clark/2022/05/18/green-war-mike-bloomberg-announces-242-million-bid-shut
