{"id":2039900,"date":"2023-09-21T11:11:02","date_gmt":"2023-09-21T15:11:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bloomberg-launches-500-million-war-to-close-all-coal-plants-and-block-new-gas-plants\/"},"modified":"2023-09-21T11:14:45","modified_gmt":"2023-09-21T15:14:45","slug":"bloomberg-launches-500-million-war-to-close-all-coal-plants-and-block-new-gas-plants","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bloomberg-launches-500-million-war-to-close-all-coal-plants-and-block-new-gas-plants\/","title":{"rendered":"Bloomberg&#8217;s $500M campaign aims to shut down coal plants and halt new gas plants."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbloomberg-launches-500-million-war-to-close-all-coal-plants-and-block-new-gas-plants%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2039900&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Former New York City Mayor Michael Bloomberg Pledges $500 Million to Close U.S. Coal Plants<\/h2>\n<p>In a bold move to combat climate change, former New\u200c York City Mayor Michael Bloomberg has announced a groundbreaking\u2064 campaign called &#8220;Beyond Carbon.&#8221; With an initial investment of $500 million, Bloomberg aims to shut down all remaining coal plants in the United States and prevent the construction of new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/europe-sparks-energy-fury-announcing-plans-to-label-nuclear-power-and-natural-gas-as-green-investments\/\" title=\"Europe Sparks Energy Fury, Announcing Plans To Label Nuclear Power And Natural Gas As \u2018Green\u2019 Investments\">natural gas plants<\/a>.<\/p>\n<p>This philanthropic effort, one of the largest in U.S. history focused on climate change, builds\u200d upon Bloomberg&#8217;s \u200dprevious $500 million \u200bcontribution to the \u2062cause. As the U.N. special envoy on climate ambition and solutions, Bloomberg is determined to transform America&#8217;s \u200denergy landscape by replacing \u2064fossil fuels with renewable sources.<\/p>\n<h3>Shutting Down Coal \u2062Plants and Reducing Natural Gas Capacity<\/h3>\n<p>The funds from the \u2063&#8221;Beyond Carbon&#8221; campaign will be instrumental in achieving its ambitious goals. By\u200c 2030, Bloomberg&#8217;s initiative aims to close every single\u200c coal plant in the country, totaling 150 facilities. Additionally, \u200bit seeks to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bloomberg-launches-500-million-war-to-close-all-coal-plants-and-block-new-gas-plants\/\" title=\"Bloomberg's 0M campaign aims to shut down coal plants and halt new gas plants.\">cut natural gas capacity<\/a> in half and halt the construction of \u2062new plants.<\/p>\n<p>Bloomberg Philanthropies has already made significant progress in \u2064this area, retiring \u2064over 70% of all U.S. coal plants and\u2064 preventing 30% of planned \u2063gas \u2063capacity from going online. The campaign will continue to work closely with state and local organizations to ensure \u200bthe successful closure\u200b of these \u2062facilities.<\/p>\n<h3>Accelerating\u2062 the Transition to\u2064 Clean Energy<\/h3>\n<p>Furthermore, the funds will support major environmental \u2064groups in the United States, including Earthjustice, \u200cHip Hop\u2062 Caucus, \u200cSierra Club, RMI, League\u200b of Conservation Voters, Advanced Energy United,\u200d and\u2064 Coalfield Development. These organizations will play a crucial role\u200d in expediting the transition to clean and renewable energy sources.<\/p>\n<p>With\u2063 this \u200dgroundbreaking campaign, \u200cMichael Bloomberg\u200b is leading the \u200bcharge in the fight against climate change. By investing in renewable energy and \u200dadvocating for\u2063 the \u200cclosure of coal plants, he is paving the way for a greener and more sustainable future for America.<\/p>\n<p> <\/p>\n<h2> How will Bloomberg&#8217;s commitment \u200dof $500 million be used to support the transition\u200b away from coal and ensure \u2063a just transition for affected communities<\/h2>\n<p><span>  Ed that he will be pledging\u2062 a\u200d staggering $500\u200c million towards closing down coal \u2064plants in the United States. \u200bThis \u2064major commitment underscores the urgency and importance of addressing the harmful effects of the coal industry \u2063on the \u200benvironment \u200band public \u200dhealth.<\/p>\n<p>Coal plants, notorious for their high carbon emissions and contribution\u2063 to air\u2064 pollution, have been a longstanding environmental concern. They are responsible for a significant portion of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">greenhouse gas emissions<\/a>, exacerbating \u2063global \u200bwarming and\u200c climate change. Additionally, the burning of coal releases harmful pollutants such as sulfur dioxide, nitrogen oxides, and particulate matter, leading\u200c to a wide \u2062range of health\u2063 issues,\u200d including respiratory\u200c problems\u200d and cardiovascular diseases.<\/p>\n<p>Bloomberg&#8217;s \u200cpledge comes at a \u2063critical time\u2064 when the impacts of\u200d climate change are becoming increasingly\u200c evident \u200cand urgent. Extreme \u2063weather events, rising\u200c sea\u2063 levels, and \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/imagine-if-this-was-trump-obama-bashed-for-massive-party-amid-delta-outbreak\/\" title=\"\u2018Imagine\u2019 If This Was Trump: Obama Bashed For Massive Party Amid Delta Outbreak\">melting ice caps<\/a> are just a few examples\u2062 of the consequences we face as a result of excessive carbon emissions. The \u200bneed for swift action to transition to cleaner and more sustainable energy sources has never been more pressing.<\/p>\n<p>The \u2064$500\u2063 million\u2063 commitment will be\u200d dedicated to the fight against coal, with an emphasis on closing down existing plants and supporting communities that have\u200d long relied on these industries. Bloomberg&#8217;s initiative aims to accelerate the \u200btransition to cleaner energy alternatives and ensure a just and equitable transition\u2063 for\u2064 affected \u200bworkers and communities.<\/p>\n<p>This pledge\u200b serves as a \u2063beacon of hope and \u200dleadership in the fight against climate change. Bloomberg,\u2062 through his philanthropic efforts, continues to demonstrate his commitment to tackling the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-leaders-reach-deal-to-fully-transfer-power-to-democrats\/\" title=\"Senate Leaders Reach Deal To Fully Transfer Power To Democrats\">biggest challenges facing<\/a> \u200cour world today. His dedication to closing coal plants will not only have a significant impact on reducing carbon\u200b emissions but will also \u2064help drive the necessary \u2062policy changes and public awareness needed to shift towards a cleaner \u200denergy future.<\/p>\n<p>Furthermore, this pledge \u200daligns with the broader global efforts\u200c to address climate change. As nations around the world work\u200d towards achieving the goals set by the \u200cParis Agreement, Bloomberg&#8217;s substantial financial commitment reinforces the importance of collective action and collaboration. It sets a precedent for other influential \u2062individuals and organizations \u2064to follow suit and invest\u200b in \u2063sustainable solutions.<\/p>\n<p>The closure \u2064of coal plants and\u2062 the subsequent\u2063 transition to cleaner \u2064energy \u2063sources \u200dwill undoubtedly\u2063 face challenges. However,\u200c with strong \u200bleadership, financial support,\u2062 and a\u2062 unified effort, it is a \u2062goal that can be achieved. Bloomberg&#8217;s pledge \u200cserves\u200b as a catalyst for\u200b change and demonstrates the \u2063immense potential for individuals to make a\u2062 tangible difference in the fight\u2063 against \u200bclimate \u200bchange.<\/p>\n<p>In conclusion, \u200dformer New\u200c York City Mayor Michael Bloomberg&#8217;s pledge\u2064 of $500 million to close U.S. coal plants is a \u200cmonumental \u200dstep\u2064 towards combatting climate change and \u200btransitioning to a cleaner energy\u2063 future. By targeting one of the\u200c largest contributors to\u2063 carbon emissions, Bloomberg&#8217;s initiative sends a powerful\u200d message that urgent\u200c and bold action is needed. It is\u2062 a\u2064 call \u2063to \u2063arms \u200dfor other leaders, philanthropists,\u2063 and organizations to join\u200b in the fight and work \u200btowards a more sustainable and equitable\u200c world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former NYC Mayor Michael Bloomberg plans to allocate $500 million towards the &#8220;Beyond Carbon&#8221; campaign, aiming to shut down existing coal plants and prevent the construction of new natural gas plants in the US. This funding adds to his previous contributions towards the cause.<\/p>\n","protected":false},"author":1,"featured_media":2039901,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2039900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2039900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2039900"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2039900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2039901"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2039900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2039900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2039900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}