Mike Bloomberg has a plan to clean up electricity and it doesn’t need Congress

Mike Bloomberg has a plan to clean up electricity and it doesn’t need Congress

David Roberts writes:

Billionaire Michael Bloomberg is a problematic presidential candidate for all sorts of reasons. Progressives are irritated that he is attempting to brute-force his way into the Democratic primary by spending more on ad campaigns than the rest of the primary field combined.


Then there’s his lamentable record on civil liberties and race relations. And the fact that he was a Republican as New York City mayor, he endorsed George W. Bush’s 2004 reelection, and he has given money to and hosted fundraisers for Republicans as recently as 2018.

When it comes to climate change, however, Bloomberg’s record is almost entirely positive. He was instrumental in standing up and funding the Sierra Club’s Beyond Coal campaign, which has been one of the most ruthlessly effective activist campaigns of my lifetime. Recently, the Associated Press, in a “fact check,” rebutted the notion that Bloomberg is single-handedly responsible for all recent coal-plant closures — and it’s true, market forces helped, as did government policy. But everyone who has paid attention to the power sector knows that the kind of activist pressure he has supported frequently makes the difference at the margin.

More recently, Bloomberg pledged $500 million to an expanded Beyond Carbon campaign, which will shoot for a 100 percent clean-energy economy, taking on not only coal but also natural gas, the next key battle in US decarbonization.

This fact has not received enough attention — if Bloomberg brings the same discipline and credibility to the anti-natural gas fight that he brought to the anti-coal fight, it could help shift the national landscape.

Which brings us to the Bloomberg presidential campaign’s first policy proposal on climate change, released on Friday. It is worth noting for just this reason: It explicitly targets natural gas. [Continue reading…]

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