Mike Bloomberg Spending $85M to Block Petrochem Plants in M-U, Gulf

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Michael Bloomberg
Michael Bloomberg, the eleventh richest person in the world (with an ego to match his enormous wealth), has already spent $500 million of his personal fortune to shut down coal plants operating in the U.S. (but not anywhere else, like China). Yesterday, Bloomberg pledged to spend another $500 million to finish the job. He also pledged to "slash gas plant capacity in half, and block all new gas plants." And just for good measure, Bloomberg is pledging $85 million to block the construction of new petrochemical plants in Pennsylvania, Ohio, West Virginia, Texas, and Louisiana. Nice guy, that Mike Bloomberg. By the way, his company uses fossil energy to power all those Bloomberg terminals that made him so rich.

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