Bloomberg donates 50M to anti coal campaign

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http://www.nytimes.com/2011/07/22/nyregion/bloomberg-donates-50-million-to-sierra-club-coal-campaign.html?_r=1

WASHINGTON — Expressing frustration with the paralysis at the national and international levels on setting policies to combat climate change, Mayor Michael R. Bloomberg announced on Thursday that he would donate $50 million to the Sierra Club’s campaign to shut down coal-fired power plants across the United States.

Mr. Bloomberg appeared with the Sierra Club’s executive director, Michael Brune, near a coal plant in Alexandria, Va., to announce the gift from his chief charitable organization, Bloomberg Philanthropies. Mr. Bloomberg said he hoped it would help the environmental group shut down as many as a third of the nation’s coal-burning power plants — the oldest and dirtiest ones — by 2020