Efforts from Bloomberg Philanthropies have helped shutdown more than half of the coal plants in the country.
Through the Beyond Carbon campaign, Bloomberg has successfully helped shut down about 70% of all coal plants in the U.S. This new push is intended to shut down the remaining 150 coal plants. The Beyond Carbon initiative also aims to work with a range of local and state organizations to block the construction of new gas plants.
. It will also fund local policy and advocacy, along with litigation brought against power companies.power plants will push officials to invest in renewable energy and clean jobs. “Our climate is warming at a breakneck pace, and there’s more urgency than ever to cut emissions from fossil fuels & move the U.S. faster toward a clean energy future,” BloombergSeveral organizations that have worked closely with the Beyond Carbon campaign have lauded Bloomberg’s efforts and financing.
When the Beyond Carbon campaign was first launched, the goal was to retire about 30% of coal plants by 2020. But with the support of environmental groups nationwide, and an early $500 million from Bloomberg, the campaign managed to shut down more than half of the nation’s coal plants by 2022,Bloomberg had long championed environmental and climate causes. When he was the mayor of New York, Bloomberg took the subway regularly—by way of SUV,.
Bloomberg has also financed other environmental campaigns, including one to stop new petrochemical plants that produce packaging, plastics, and fertilizers, The New York Times
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