Mike Bloomberg's climate change group is dumping $2.5 million into the North Carolina race for lieutenant governor to support Democrat Yvonne Holley in the final stretch before the election. "Holley, when elected, will be North Carolina’s first African American Lieutenant Governor, and will serve as president of the Senate, chair of the Energy Policy Council, and will determine the fate of critical legislation," Bloomberg's Beyond Carbon Victory Fund said in a statement. The group also announced Wednesday that it is spending roughly $2 million to support Democrats running for the Arizona Corporation Commission.