Bloomberg Pledges $64M To Support U.S. Transition Away From Coal
In light of the Trump administration’s plans to rescind the Clean Power Plan, former New York Mayor Michael R. Bloomberg has announced a new commitment of $64 million to support the Sierra Club’s Beyond Coal campaign and other organizations working to advance the U.S. clean energy market at the state and local level.
To date, Bloomberg has invested over $100 million in protecting the environment and public health through its support of the Beyond Coal campaign. Since 2011 – when Bloomberg Philanthropies first partnered with the campaign – nearly 50% of the country’s coal-fired power plants have announced their retirement, and deaths related to coal pollution have decreased by 42%, the organization says.
Source: Solar Industry Magazine
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