Free from the demands of running a presidential campaign, Bloomberg says he will expand his support for the Beyond Coal campaign, a push to retire all U.S. coal-fired power plants within 11 years.
Apparently channeling Republican barbs, he said, “That’s not a pipe dream. We can do it.”
Bloomberg says he’ll also launch the Beyond Carbon campaign, which will seek to reduce the role of oil and natural gas in the U.S. energy mix and set a course for a “100 percent clean energy economy.”
Some energy researchers and policymakers warn that racing to achieve the Green New Deal’s goals in just 10 years would potentially create unintended consequences, spark public backlash and undermine the transition to clean energy. Its backers say the risks posed by climate change and years of inaction mean the U.S. cannot afford to pursue a more conservative approach.
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