Friday, 10 November 2017

Michael Bloomberg’s ‘war on coal’ goes global with $50m fund

Michael Bloomberg’s ‘war on coal’ goes global with $50m fund

The battle to end coal-burning, backed by billionaire Michael Bloomberg, is expanding out of the US and around the world in its bid to reduce the global warming threat posed by the most polluting fossil fuel. Bloomberg, a UN special envoy on climate change and former mayor of New York city, has funded a $164m campaign in the US since 2010, during which time more than half the nation’s coal-fired power plants have been closed.

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