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WASHINGTON (AP) – Former New York City Mayor Michael Bloomberg is spending $ 500 million to shut down all of the country's coal plants by 2030, saving the United States an economy. 100% clean energy.
Billionaire Bloomberg's investment in the Beyond Carbon initiative is the largest philanthropic effort ever undertaken to fight climate change, according to the Mayor's Foundation. The organization will bypass the federal government and instead strive to enforce climate and clean energy policies, as well as to support political candidates at the state and regional levels. at local level.
"We are in a race against climate change, yet there is virtually no hope of fierce action by the federal government on this issue for at least two years. Mother Nature does not wait for our political calendar, nor can we, "said Bloomberg.
Bloomberg envisioned the bid for the Democratic presidency in 2020, but ultimately failed. Instead, he promised to direct his immense wealth and political connections to the fight against climate change and the defeat of President Donald Trump.
Bloomberg will officially unveil the Beyond Carbon effort Friday during a speech to the Massachusetts Institute of Technology.
The initiative reflects Bloomberg's work on gun control, focused on strengthening the efforts of the state and local communities. The former mayor's financial contributions to Democratic candidates who supported more stringent firearms laws were also seen as part of the party's ability to resume the House in 2018.
The Bloomberg Foundation has been working for several years with the Sierra Club to try to shut down the country's coal plants. Since 2011, about half of the 530 plants in the United States have been closed.
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