21 Jul '11, 2pm

NYC Mayor Michael Bloomberg gives $50 million to Sierra Club's Beyond Coal Campaign

21 Jul 2011: Bloomberg Gives $50 Million To Sierra Club’s Anti-Coal Campaign New York City Mayor Michael R. Bloomberg announced today that his main charitable organization will give $50 million over the next four years to the Sierra Club to expand the group’s campaign to retire coal-burning power plants and replace them with renewable energy. Appearing with Sierra Club President Michael Brune near a coal plant in Virginia, Bloomberg said the gift would help the organization’s Beyond Coal Campaign retire as many as a third of the nation’s oldest and dirtiest coal-fired power plants by 2020. Brune said the Sierra Club — which claims to have stopped construction of more than 150 new coal-fired power plants in recent years — will use the Bloomberg Philanthropies money to expand its anti-coal initiative from 15 to 45 states and to increase the staff of the Beyond Coal Campaign ...

Full article: http://e360.yale.edu/digest/bloomberg_gives_50_million_to...

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