Opinion: Bloomberg and Timmermans: Ending global coal subsidies will save lives
CNNEditor’s Note: Michael R. Bloomberg is the founder of Bloomberg LP and served as mayor of New York City from 2002 to 2013. Air pollution — to which coal contributes significantly — causes 400,000 premature deaths a year in the EU alone, and 5% to 10% of all annual premature deaths in the United States. Coal plant closures have continued to accelerate because economics clearly favor clean energy, and the public increasingly demands power sources that don’t poison our air and threaten our health. The EU and the United States should also provide more support for communities and regional economies that depend on jobs in fossil fuel industries, in particular coal, and are trying to transition workers into new industries and roles. Bloomberg Philanthropies similarly has supported work in coal regions in the EU and in the United States, including job training and providing opportunities in clean energy industries.
History of this topic
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This coal plan offers only half a solution
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Opinion: The well-intentioned Paris climate promises don’t go nearly far enough
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Coal power is dying. The market has spoken
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