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Source: Mark Wilson/Getty Images

Michael Bloomberg Launches "Beyond Carbon" Campaign to Shut Down All Remaining Power Plants in the U.S.

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This week, former New York City mayor Michael Bloomberg announced that he will not be running for President of the U.S. in 2020. Instead, he is going to put his energy into a new grassroots campaign called Beyond Carbon, which aims to move the U.S. towards clean energy. His central goal is to shut down every coal-fired power plant across the nation by 2030.

Bloomberg announced the news in an opinion piece he wrote for Bloomberg, the news website that he co-founded. As he explained in the essay, in 2011, he and Bloomberg Philanthropies partnered with the environmental organization the Sierra Club on the Beyond Coal campaign. Beyond Coal is an initiative with a goal "to end America’s reliance on dirty coal and shift the U.S. Power sector to a cleaner future," as per the Bloomberg Philanthropies website.