Democratic presidential candidate Michael R. Bloomberg on Friday unveiled a broad plan to eliminate all coal power plants and slow the expansion of the natural gas sector as part of a policy to fight climate change that he says would cut carbon emissions across the U.S. economy by 50% over the first 10 years.The New York billionaire, who has devoted significant time and money toward fighting climate change in recent years, said the new plan is the first of several that would ultimately move the nation toward phasing out fossil fuels completely “as soon as humanly possible” — ideally before 2050.“The president refuses to lead on climate change, so the rest of us must,” Bloomberg said in a statement accompanying the release of the new policy. He added: “As president, I’ll accelerate our transition to a 100% clean energy economy.”Climate has emerged as a central issue in both the 2020 Democratic primary election and in Bloomberg’s young candidacy, which he formally launched just three weeks ago. The plan, while a sharp shift away from President Trump’s push to weaken environmental safeguards, is unlikely to win over his party’s loudest environmental activists. Politics Biden and Warren propose ambitious plans on climate… Read full this story
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