USA:

Bloomberg Philanthropies Reinvests In Sierra Club’s Beyond Coal Campaign (Bloomberg Philanthropies)

The Campaign calls for replacing coal plants with clean energy resources like geothermal energy

Bloomberg Philanthropies announced today that it will invest an additional $30 million in the Sierra Club’s Beyond Coal Campaign to secure replacement of half the nation’s coal fleet by 2017 with clean energy. Building on a successful, state-driven strategy that has made it possible for the U.S. to be a world leader in aggressive emission reductions, the new round of funding builds on a previous commitment of $50 million, raising the foundation’s overall investment in the Sierra Club’s Beyond Coal campaign to $80 million.

“The single biggest reduction in carbon pollution in the U.S. has come by retiring and repurposing coal-fired power plants - and that's the direct result of our Beyond Coal campaign," said Michael R. Bloomberg. “Thanks to the community leaders who have spearheaded this work, the U.S. led every industrialized nation in reducing carbon emissions last year. But much more work remains, and today we are doubling down on what has proven to be an incredibly successful strategy for improving public health and fighting climate change."

Read More........