Bloomberg’s charity donates $64 million to ‘war on coal’

12 Oct 2017   Coal

Former New York mayor Michael Bloomberg’s charity gave another $64 million to a campaign that aims to slash the number of U.S. coal-fired plants by two thirds by 2020, he said on Wednesday. FILE PHOTO – Former Mayor of New York City Michael Bloomberg speaks during the “China and the U.S.: One Belt, One Road and 100-Day Plan,” a discussion hosting high-level delegation of Chinese leaders, in Manhattan, New York, U.S., June 14, 2017. REUTERS/Bria Webb Bloomberg Philanthropies made the donation to the Beyond Coal campaign run by non-profit Sierra Club, and other organizations fighting the burning of coal. Including this latest donation, the charity has given $110 million to Beyond Coal since 2011. The pledge was made a day after President Donald Trump’s environmental regulator announced a move to scrap former president Barack Obama’s Clean Power Plan that would have reduced carbon emissions from coal […]

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