Behind a $500 Million Donation to ‘Finish
the Job on Coal’
Epoch Times,
by
Kevin Stocklin
Original Article
Posted By: zephyrgirl,
11/6/2023 9:04:57 AM
Billionaire philanthropist and former New York Mayor Michael Bloomberg pledged $500 million in September toward shifting electricity production in the United States to wind and solar energy and shutting down its coal- and gas-fired plants. However, some experts say that Bloomberg’s millions, together with the billions being spent by the Biden administration, are paving a road to ruin. The donation from Bloomberg Philanthropies,
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Reply 1 - Posted by:
jinx 11/6/2023 9:08:33 AM (No. 1592967)
What do you want to bet that Bloomberg has invested big time in Solar and Wind.
22 people like this.
Reply 2 - Posted by:
Jesuslover54 11/6/2023 9:24:20 AM (No. 1592983)
Gates and Bloomberg -- market manipulation = philanthropy
22 people like this.
Reply 3 - Posted by:
marbles 11/6/2023 9:32:59 AM (No. 1592988)
Looking to control the world........ remember he outlawed sodas in NYC that he decided were to large.
16 people like this.
Reply 4 - Posted by:
whyyeseyec 11/6/2023 9:36:27 AM (No. 1592990)
Bloomberg is a loon. First it was 17 0z sodas, then he wanted guns gone (and still does), now it's coal. Some billionaires just have too much time on their hands.
16 people like this.
Reply 5 - Posted by:
mc squared 11/6/2023 9:48:30 AM (No. 1592995)
He and others can't be that stupid. Coal, gas and nuclear are the primary sources of electricity. Wind and solar are 'back-ups' at best. Without conventional plants running 24/7, how to feed the grid when unicorn power dies, or we reach maximum EV charging?
Follow the money.
11 people like this.
Reply 6 - Posted by:
felixcat 11/6/2023 9:51:12 AM (No. 1592997)
This from the same man who was so dismissive of farmers: you just drop the seed in the soil... So much good that could be accomplished with their billions and yet, these megalomaniacs support the destruction of the US economy and standard of living, the deaths of millions of birds and bats and marine life - all to destroy the average American.
13 people like this.
Reply 7 - Posted by:
DVC 11/6/2023 9:59:32 AM (No. 1593006)
Coal is real power, 24/7/365 at low cost. Wind and solar are extremely unreliable, extremely expensive and short lived.
Bloomberg is a dangerous idiot.
19 people like this.
Reply 8 - Posted by:
snowoutlaw 11/6/2023 10:12:30 AM (No. 1593019)
No amount of money is going to change the laws of physics. If he is invested in wind and solar energy the best he can hope for is to sell out before they go bankrupt. Didn't he spent a billion or so on his run for President?
6 people like this.
Reply 9 - Posted by:
paral04 11/6/2023 10:16:53 AM (No. 1593024)
Bloomberg needs to read what the Germans are doing, which is ditching Solar as ineffective. They are everting to fossil fuel and nuclear power generation. Solar is just making the Chinese richer, BTW, since they are using child slave labor to mine lithium in Africa.
11 people like this.
Reply 10 - Posted by:
Quigley 11/6/2023 10:31:06 AM (No. 1593039)
I guess that’s $400mm in solar/wind/battery investment, and $100 mm to pay elected officials to destroy coal. The $100 mm assures the success of the $400 mm and drastically speeds up the returns.
Meanwhile, diesel generators for all his homes can be had for $1 mm.
2 people like this.
Reply 11 - Posted by:
Right Time 11/6/2023 11:00:28 AM (No. 1593065)
Bloomberg is colossally stupid, ignorant man.
Even Germany has recognized the need to restart coal plants due to power shortages from unreliable solar and wind and Frau Merkel's shutdown of all nuclear power after Fukujima nuclear accident.
You just never know when a Far Eastern tsunami is going to hit mainland Germany and take out all the nuke plants /s
8 people like this.
Reply 12 - Posted by:
downnout 11/6/2023 11:36:43 AM (No. 1593092)
Apparently Mr. Bloomberg thinks those enormous computer farms he needs to run his Bloomberg News/Finance services will run on windmills and solar.
Wrong!
4 people like this.
Reply 13 - Posted by:
chumley 11/6/2023 12:15:28 PM (No. 1593123)
I live in a very depressed area of WV. Obama closed all the coal mines and immediately the whole county ended up jobless and on welfare.
Recently a mine reopened. They hired a lot of guys and even more building up the infrastructure. Several times a day trains leave the mines loaded with coal. The horns do not annoy me; they mean jobs, prosperity and commerce. I've not seen a single Bloomberg penny do that.
7 people like this.
Reply 14 - Posted by:
Starboard_side 11/6/2023 1:15:57 PM (No. 1593166)
All part of the desire to fundamentally transform the country, I presume.
For some reason they seem to think the world is running out of time, and everything must change now or it will be too late despite the Paris Accords giving the world until the year 2100 to achieve the goal (77 years away).
The rhetoric from the WEF folks is that people need to be FORCED into change.
Yet, the same concerns from China, India, Russia and other large countries does not seem to be as urgent.
This leads to the question, why?
What do they know that we aren't being told, might be a good question?
2 people like this.
Reply 15 - Posted by:
Newtsche 11/6/2023 1:37:00 PM (No. 1593178)
So many unfinished jobs.
2 people like this.
Reply 16 - Posted by:
FormerDem 11/6/2023 2:53:53 PM (No. 1593233)
the only big strong economy i know of that depends heavily on renewables is Canada, which gets away with it because they are so wide, so many climate zones, smooths out the variations. I don't myself know of any other. Teach me.
0 people like this.
Reply 17 - Posted by:
Venturer 11/6/2023 2:55:20 PM (No. 1593237)
I doesn't mattter what Bloomberg spends, the facts are that windmills and solar panels are a joke.
4 people like this.
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Follow the money - he must be heavily invested in wind and solar companies.