Michael Bloomberg launches $500m campaign to shut US coal plants by 2030

Michael Holder
clock • 3 min read

Beyond Carbon will work with local and state actors to drive clean energy policy, close coal plants and ensure no new fossil fuel power is built

Billionaire businessman Michael Bloomberg has made another bold move to help tackle climate change, pledging $500m towards a new campaign to close every coal-fired power station in the US by 2030. The...

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 Investment

Clean Growth Fund backing rises to £81.5m after boost from pension funds

Border to Coast Pensions Partnership and Strathclyde Pension Fund both confirm investment in second close of Clean Growth Fund II

Jonathan Stapleton
clock 10 September 2026 • 3 min read
Advisers' Sustainability Group urges FCA to clarify green finance guidelines

Advisers' Sustainability Group urges FCA to clarify green finance guidelines

Industry-led working group warns absence of a clear FCA position in some areas 'creates uncertainty that will likely limit the adoption and long-term success of the ASG's recommendations'

Michael Nelson, Investment Week
clock 09 September 2026 • 4 min read
EdenTree's Carlota Esguevillas: 'The biggest lesson has been to keep the momentum going through all the noise'

EdenTree's Carlota Esguevillas: 'The biggest lesson has been to keep the momentum going through all the noise'

Carlota Esguevillas discusses why sustainability strengthens investment decisions, and how she's seeing green innovation taking place in almost every industry

Stuart Stone
clock 08 September 2026 • 5 min read