Bloomberg’s ‘War on Coal’ Goes Global with $50m Fund

Thursday, November 9, 2017

Bloomberg’s ‘War on Coal’ Goes Global with $50m Fund

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.

Bloomberg announced a $50m (£38m) plan to expand the programme into Europe and then the rest of the world. The money will support grassroots campaigns, research on the health impacts of coal and legal action against coal plants that are breaking pollution rules.The $50m funding will be administered by the European Climate Foundation...

Find More By

News type