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Michael Bloomberg Pledges $500 Million to Move U.S. ‘Beyond Carbon’
The goal is part of Bloomberg's new Beyond Carbon initiative, which he will formally announced during a commencement address at the Massachusetts Institute of Technology Friday, The Associated Press reported. Bloomberg is pledging $500 million towards an effort to close coal plants and transition the country towards 100 percent renewable energy. It is the single-largest philanthropic effort dedicated to addressing the climate crisis, Bloomberg's foundation said.
"We're in a race against time with climate change, and yet there is virtually no hope of bold federal action on this issue for at least another two years. Mother Nature is not waiting on our political calendar, and neither can we," Bloomberg said, as The Associated Press reported.
Most of the money will be spent over the next three years in an effort to support green political candidates and environmental groups lobbying state and local governments and public utility commissions to shut down coal plants and replace them with wind and solar power, The New York Times reported.
"Beyond Carbon is working to get the country on the path to a 100 percent clean energy economy and ensure that after the 2020 election, the next Administration inherits a country already well on the way to a full clean energy economy," the website reads.
The campaign builds on Bloomberg's previous efforts with the Sierra Club under the banner Beyond Coal. Bloomberg donated more than $150 million to that campaign, The New York Times reported. Since that effort was launched in 2011, about half of the nation's coal plants have closed, The Associated Press said.
However, the remaining half will be harder to shutter, according to The New York Times. That is because they fall roughly into three tough categories:
1. Older plants that are therefore exempt from pollution controls and so very cheap to operate.
2. Plants built in the last 25 years that have spent a lot of money on pollution controls, money that local authorities don't want to see wasted.
3. Plants in states like Kentucky and West Virginia where propping up the coal industry is a major part of political culture.
"It's not going to be easy to do what he's talking about doing," research firm ClearView Energy Partners Managing Director Kevin Book told The New York Times.
Bloomberg adviser Carl Pope said the first step would be transitioning the top 10 electricity-consuming states, including Texas and Pennsylvania, away from fossil fuels.
"If you move those 10 states decisively toward 100 percent renewable electricity, that actually means that every major public utility in the United States would have to go clean," he told The New York Times.
EcoWatch Daily Newsletter
By Will Sarni
It is far too easy to view scarcity and poor quality of water as issues solely affecting emerging economies. While the images of women and children fetching water in Africa and a lack of access to water in India are deeply disturbing, this is not the complete picture.
The Past is No Longer a Guide to the Future
We get ever closer to "day zeros" — the point at when municipal water supplies are switched off — and tragedies such as Flint. These are not isolated stories. Instead they are becoming routine, and the public sector and civil society are scrambling to address them. We are seeing "day zeros" in South Africa, India, Australia and elsewhere, and we are now detecting lead contamination in drinking water in cities across the U.S.
"Day zero" is the result of water planning by looking in the rear-view mirror. The past is no longer a guide to the future; water demand has outstripped supplies because we are tied to business-as-usual planning practices and water prices, and this goes hand-in-hand with the inability of the public sector to factor the impacts of climate change into long-term water planning. Lead in drinking water is the result of lead pipe service lines that have not been replaced and in many cases only recently identified by utilities, governments and customers. An estimated 22 million people in the US are potentially using lead water service lines. This aging infrastructure won't repair or replace itself.
One of the most troubling aspects of the global water crisis is that those least able to afford access to water are also the ones who pay a disproportionately high percentage of their income for it. A report by WaterAid revealed that a standard water bill in developed countries is as little as 0.1 percent of the income of someone earning the minimum wage, while in a country like Madagascar a person reliant on a tanker truck for their water supply would spend as much as 45 percent of their daily income on water to get just the recommended daily minimum supply. In Mozambique, families relying on black-market vendors will spend up to 100 times as much on water as those reached by government-subsidized water supplies.
Finally, we need to understand that the discussion of a projected gap between supply and demand is misleading. There is no gap, only poor choices around allocation. The wealthy will have access to water, and the poor will pay more for water of questionable quality. From Flint residents using bottled water and paying high water utility rates, to the poor in South Africa waiting in line for their allocation of water — inequity is everywhere.
Water Inequity Requires Global Action — Now.
These troubling scenarios beg the obvious question: What to do? We do know that ongoing reports on the 'water crisis' are not going to catalyze action to address water scarcity, poor quality, access and affordability. Ensuring the human right to water feels distant at times.
We need to mobilize an ecosystem of stakeholders to be fully engaged in developing and scaling solutions. The public sector, private sector, NGOs, entrepreneurs, investors, academics and civil society must all be engaged in solving water scarcity and quality problems. Each stakeholder brings unique skills, scale and speed of impact (for example, entrepreneurs are fast but lack scale, while conversely the public sector is slow but has scale).
We also urgently need to change how we talk about water. We consistently talk about droughts happening across the globe — but what we are really dealing with is an overallocation of water due to business-as-usual practices and the impacts of climate change.
We need to democratize access to water data and actionable information. Imagine providing anyone with a smartphone the ability to know, on a real-time basis, the quality of their drinking water and actions to secure safe water. Putting this information in the hands of civil society instead or solely relying on centralized regulatory agencies and utilities will change public policies.
Will Sarni is the founder and CEO of Water Foundry.
Note: This post also appears on the World Economic Forum.
Reposted with permission from our media associate Circle of Blue.
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- Mice exposed to nicotine-containing e-cigarette vapor developed lung cancer within a year.
- More research is needed to know what this means for people who vape.
- Other research has shown that vaping can cause damage to lung tissue.
A new study found that long-term exposure to nicotine-containing e-cigarette vapor increases the risk of cancer in mice.
Six months: That's how much time Mexico now has to report on its progress to save the critically endangered vaquita porpoise (Phocoena sinus) from extinction.
It may seem innocuous to flush a Q-tip down the toilet, but those bits of plastic have been washing up on beaches and pose a threat to the birds, turtles and marine life that call those beaches home. The scourge of plastic "nurdles," as they are called, has pushed Scotland to implement a complete ban on the sale and manufacture of plastic-stemmed cotton swabs, as the BBC reported.
By Tim Radford
Scientists in the U.S. have added a new dimension to the growing hazard of extreme heat. As global average temperatures rise, so do the frequency, duration and intensity of heatwaves.
Oscar-award winning actress and long-time political activist Jane Fonda was arrested on the steps of Capitol Hill in Washington, DC on Friday for peacefully protesting the U.S. government's inaction in combating the climate crisis, according to the AP.
By Caroline Hickman
I'm up late at night worrying that my baby brothers may die from global warming and other threats to humanity – please can you put my mind at rest? – Sophie, aged 17, East Sussex, UK