Michael Bloomberg's 'war on coal' goes global with $50m fund

clock • 4 min read

Billionaire's campaign has seen half of US coal plants close in six years. Now he is targeting Europe and beyond to fight climate change and air pollution

The battle to end coal-burning, backed by billionaire Michael Bloomberg, is expanding out of the US and around the world in its bid to reduce the global warming threat posed by the most polluting fossil...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Ofgem approves £28bn plan to boost energy network security and resilience

Ofgem approves £28bn plan to boost energy network security and resilience

Regulator approves bumper investment package to upgrade the UK's grid and better shield customers from volatile energy bills

Stuart Stone
clock 04 December 2025 • 7 min read
GB Energy pledges to deliver clean power for 10 million homes by 2030

GB Energy pledges to deliver clean power for 10 million homes by 2030

Government-backed clean energy investment vehicle publishes first strategic plan, setting out how it intends to deliver 15GW of capacity and mobilise £15bn of private finance

Stuart Stone
clock 04 December 2025 • 3 min read
High Court rules 28 oil and gas exploration licences were lawful

High Court rules 28 oil and gas exploration licences were lawful

High Court upholds oil exploration licences granted under previous government, but says further approvals must account for ocean harm

Stuart Stone
clock 28 November 2025 • 5 min read