Person

Michael Bloomberg

Mike Bloomberg Headshot (link) by Bloomberg Philanthropies is licensed CC0 (link)

Michael Rubens “Mike” Bloomberg is an American businessman, author, politician, and philanthropist. His net worth is estimated at US$47.8 billion, as of October 2017, ranking him as the 8th richest person in the United States and the 10th richest person in the world. He served as the 108th Mayor of New York City from 2002 until 2013.

“Beyond Carbon” Funding

In June 2019, Bloomberg announced that he planned to donate $500,000,000 to launch a “Beyond Carbon” campaign meant to advocate for a stronger government response to climate change. [1] Bloomberg’s decision was reportedly a “direct response to the Green New Deal,” a left-wing environmental policy proposed in March 2019 by Rep. Alexandria Ocasio-Cortez (D-NY), which Bloomberg criticized as a “pie in the sky” idea. [2]

References

  1. Williams, Tate. “Game Changer? The Promise and Perils of Bloomberg’s Big New Climate Funding Push.” Inside Philanthropy. June 19, 2019. Accessed June 25, 2019. https://www.insidephilanthropy.com/home/2019/6/19/game-changer-the-promise-and-perils-of-bloombergs-big-new-climate-funding-push. ^
  2. Williams, Tate. “Game Changer? The Promise and Perils of Bloomberg’s Big New Climate Funding Push.” Inside Philanthropy. June 19, 2019. Accessed June 25, 2019. https://www.insidephilanthropy.com/home/2019/6/19/game-changer-the-promise-and-perils-of-bloombergs-big-new-climate-funding-push. ^
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