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Michael Bloomberg Unleashes Another $500 Million to Destroy US Coal Industry
NewsBusters ^ | 9/21/2023 | Joseph Vazquez

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 ...


TOPICS: Business/Economy; Front Page News; Politics/Elections
KEYWORDS: bloomberg; climatechange; coal; fossilfuels; michaelbloomberg
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To: Red Badger

Planned destruction of the US Economy. They have theirs.


21 posted on 09/21/2023 11:23:00 AM PDT by bray (You can tell who the Commies fear.)
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To: JV3MRC

Bloomberg + Soros = SPJNK.


22 posted on 09/21/2023 11:24:28 AM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Red Badger

Yep, like a fox. Destroy America then bring in into a global world economy run by, you guessed it, the world billionaires. Reduce the population to their needs and make slaves of the remaining population. They will continue to live high on the hog while we eat crickets and roaches. Yep vote democrat an get enslaved.


23 posted on 09/21/2023 11:26:48 AM PDT by Ronald77
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To: JV3MRC

“ one of the largest COMMUNIST efforts to fight made up climate crisis in the U.S…”


24 posted on 09/21/2023 11:41:32 AM PDT by GrumpyOldGuy
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To: Chad C. Mulligan

“I’d only ask: How does Bloomie stand to profit from ruining coal?”

Exactly.


25 posted on 09/21/2023 1:08:20 PM PDT by dljordan
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