Skip to comments.Michael Bloomberg Unleashes Another $500 Million to Destroy US Coal Industry
Posted on 09/21/2023 9:53:18 AM PDT by JV3MRC
Media mogul and failed presidential candidate Michael Bloomberg is not letting up on his years-long obsession with putting the nails in the coffin on the U.S. coal industry.
The Bloomberg News owner pledged another $500 million to “expand the Beyond Carbon campaign, one of the largest philanthropic efforts to fight the climate crisis in the U.S,” Bloomberg Philanthropies announced in a Sept. 20 press release. The intent is to “[f]inish the job on coal” by 2030, Bloomberg Philanthropies stated. The organization fanatically celebrated how “With 372 of 530 coal plants announced to retire or closed to date – more than 70 percent of the country’s coal fleet – this next phase will shut down every last U.S. coal plant.” The new development is in addition to the $500 million Bloomberg pledged in 2019 towards the same “Beyond Carbon” effort, meaning he will have spent at least $1 billion to ensure that the coal industry is eradicated from the U.S. economy.
This reeks of hypocrisy in the face of Bloomberg’s partiality to flying what leftists would consider emissions-spewing private jets. ClimateJets.org, developed by climate activist Akash Shendure, estimated Bloomberg’s travels on private jets in 2022 alone accounted for “327,854 gallons (1,241,062 liters) of jet fuel used” and “3,196.58 metric tons of carbon dioxide emitted.”
(Excerpt) Read more at newsbusters.org ...
These people are truly insane......................
Meanwhile, India and China are building one new coal plant a week.
Energy markets are not a Jello you can squeeze tightly.
I am invested in coal stocks and continuing to do well.
They’re insane, and taking us down with them!!!!!!!!!
N.B. My Ohio congressional district was solid blue until Obama's War on Coal. Now we have had a Republican rep for several terms now.
Short Stuff should be funding the build-out of Nuclear Plants.
RE: Meanwhile, India and China are building one new coal plant a week.
By the way, what is the whiny excuse given by Dems for that?
I’m talking about the climate change fetishist voters pushing for EVs and no gas stoves. Friends, neighbors, relatives.
Yes he should, but the Liberals opposed nuclear power.
It does seem ironic with nuclear, that the Liberals oppose nuclear, even though nuclear plants produce zero of the dreaded greenhouse gases.
How do we make steel and build ships etc. without coal?
Use inferior steel made in China?
I’m not at all a fan of coal except for metallurgical uses and possible other Industrial uses that I’m unaware of.
Yet Bloomy was standing in line to kiss Z’s ass and offer to rebuild Ukraine.....
How far can this go before it’s prosecutable Tortuous Interference with contractual business? At some point, the game becomes one of the campaign content getting to, and souring relations with, the third parties the coal industry is partnered with, and relies upon.
It seems to that, when this occurs, it’s evidential that the third party decision to terminate relations arises directly out of the meddling of the media campaign. Asking “Mr. CEO, what was the impetus for you to break off contractual relations with the coal mine?” all you need in answer is, “I received negative information from [meddling, Bloomberg-funded source] that I felt impelled to act upon,” to expose the mechanism of harm.
A rich man north of Richmond....
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