Bloomberg Launches Alternative To Green New Deal

OilPrice.com | 3/7/2019 | Staff
yana.booyana.boo (Posted by) Level 4
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Michael Bloomberg will not run for president. That was the main outtake from the businessman and philanthropist’s op-ed for Bloomberg the other day. But the more important outtake was his announcement of a new climate change initiative: Beyond Carbon.

“I will launch a new, even more ambitious phase of the campaign — Beyond Carbon: a grassroots effort to begin moving America as quickly as possible away from oil and gas and toward a 100 percent clean energy economy,” Bloomberg said.

Heart - Beyond - Carbon - Conviction - Science

“At the heart of Beyond Carbon is the conviction that, as the science has made clear, every year matters. The idea of a Green New Deal — first suggested by the columnist Tom Friedman more than a decade ago — stands no chance of passage in the Senate over the next two years. But Mother Nature does not wait on our political calendar, and neither can we.”

Bloomberg certainly has an exemplary track record with the Beyond Coal initiative: 284 coal-fired plans retired and replaced with less polluting alternatives, removing 605 million metric tons of CO2 from the atmosphere and US$3.5 billion saved in healthcare costs. Plans are to have all remaining coal-fired plants in the United States retired within the next 11 years, Bloomberg said in his op-ed.

Sort - Success - Confident - Grid - Fuels

Obviously, this sort of success would make one confident that if this is possible, then it would be possible to completely move the grid from fossil fuels to renewable energy. However, Bloomberg steered clear of giving away any details or a deadline of any sort for this initiative. Given its magnitude, it was only...
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