Billionaire Michael Bloomberg pledges $715 million to close US coal power plants

https://www.abc.net.au/news/2019-06...tes-$us500-million-to-climate-change/11193712

So. Someone willing to put thier money where thier mouth is.

He will be creating jobs, lots of jobs and probably more than the lost jobs of the coal industry that will never revive

 

Bloomberg is heavily invested in NG which has been falling in price worldwide. His so called philanthropy is just hardball business tactics designed to destroy the competition disguised as philanthropy.

 

Link please

 

See, even Bloomberg doesn't see truly renewable energy as viable, and instead his plan involves burning natural gas. Or at least a more realistic cost effective stopgap measure, for the time being.

That said, there is plenty of natural gas. For a long time the oil wells in Saudi Arabia found it more economical to just burn off the natural gas from their wells on site, rather than bother to collect it. Such a waste.

 

You must live in a cave if you need a link for Bloomberg and NG. Google it yourself.