Michael Bastasch | Energy Editor
- Former New York City Mayor Michael Bloomberg will spend another $500 million to continue his war against the coal industry.
- Bloomberg will fund environmentalist campaigns at the state and local level to replace coal plants with wind and solar energy.
- Conservative critics said Bloomberg?s campaign will kill thousands of jobs and leave communities devastated.
Former New York City Mayor Michael Bloomberg will spend $500 million to close every remaining U.S. coal-fired power plant and stop the expansion of natural gas.
Bloomberg will fund environmental activist lobbying campaigns in state legislatures, city councils and public utility commissions. Activists will demand officials replace coal plants with renewable energy, not natural gas.
?We?re in a race against time with climate change, and yet there is virtually no hope of bold federal action on this issue for at least another two years,? Bloomberg said in…
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