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

Powering up Britain's battery future: Why the UK must act now on batteries

Powering up Britain's battery future: Why the UK must act now on batteries

Battery storage is critical to the UK's energy and industrial security, write National Wealth Fund CEO Oliver Holbourn and Yasmine Moezinia from the Clean Technology Partnerships Initiative (CTPI)

Oliver Holbourn, National Wealth Fund, and Yasmine Moezinia, CTPI
clock 01 July 2026 • 4 min read
Pensions professionals warn climate change now 'present-day financial reality' for sector

Pensions professionals warn climate change now 'present-day financial reality' for sector

Report by the Society of Pension Professionals (SPP) warns climate change is a 'systemic' issue and 'no longer a future risk' to retirement savings

Martin Richmond
clock 30 June 2026 • 2 min read
Aberdeen partners with Future Group to invest in global sustainable infrastructure

Aberdeen partners with Future Group to invest in global sustainable infrastructure

Deal aims to ramp up investment in decarbonisation, sustainable housing, and cleaner transport networks

Jack Roach, Investment Week
clock 29 June 2026 • 1 min read