Democratic presidential candidate Michael Bloomberg on Friday unveiled a climate...
ALEXANDRIA, Va. - Democratic presidential candidate Michael Bloomberg on Friday unveiled a climate plan to slash U.S. carbon emissions by 50% in ten years, by slapping tougher pollution standards on new gas-fired power plants and replacing coal with cleaner energy sources like wind and solar.
Bloomberg announced his candidacy last month, putting him among 15 Democrats vying to take on Republican President Donald Trump in the November 2020 election. It would do so by setting stringent pollution limits on new gas-fired plants, and by ending all subsidies for fossil fuels. Meanwhile, it would create incentives to improve clean-energy technology and invest in poor communities impacted by fossil fuel pollution, or that are struggling to transition to a cleaner energy economy.
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