"Bloomberg, Sierra Club Make $50 Million Anti-Coal Move"
"New York Mayor Michael Bloomberg joined with the Sierra Club on Thursday in a $50 million, four-year plan to campaign for replacing one-third of aging U.S. coal-fired power plants with clean energy.
"If we are going to get serious about reducing our carbon footprint in the United States, we have to get serious about coal," Bloomberg, founder of the news service that bears his name, said in a statement.
"Coal is a self-inflicted public health risk, polluting the air we breathe, adding mercury to our water, and the leading cause of climate disruption," he said. The partnership with Sierra Club was announced outside a coal-fired power plant in Alexandria, Virginia.
The $50 million grant from Bloomberg Philanthropies will pay for a significant part of Sierra Club's Beyond Coal Campaign, which is budgeted at $150 million for four years."Source: Reuters, 07/22/2011