Bloomberg pledges US$500 million to fight climate change

<p>US billionaire Michael Bloomberg said yesterday he will spend half a billion dollars in the “fight of our time”&nbsp;to move the US away from carbon energy and combat climate change.</p> <p>The former New York mayor and philanthropist said the US$500 million&nbsp;(RM2 billion)&nbsp;investment will go towards&nbsp;launching the Beyond Carbon initiative, which aims to close nearly 250 coal plants throughout the country by 2030 and prevent new ones being built.</p>

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