Mike Bloomberg on Energy & Oil
Mayor of New York City (Independent)
For instance, Bloomberg has contributed $218 million for clean-energy efforts that, among other results, have led to the closure of 282 coal-fired power plants. But he does not oppose, at least in the short term, other fossil fuel use--and that's not good enough for climate change activists
BLOOMBERG: If the government is not going to do it, we all have a responsibility. I'm able to do it. So, yes, I'm going to send them a check for the monies that America had promised to the organization as though they got it from federal government.
Q: $4.5 million dollars this year. Will you do the same next year?
BLOOMBERG: Hopefully, by then, President Trump will have changed his view.
Q: President Trump has been a huge critic of this Paris climate change accord.
BLOOMBERG: Yes, but he should change his mind and say, "look, there really is a problem here, America is part of the problem, America is a big part of the solution," and we should go in and help the world stop a potential disaster.
BLOOMBERG: Look, it's dangerous to keep doing what we're doing. If everybody would do the right thing, yes, it would be better. But if some people or some countries do the right thing, we all benefit from that.
Q: But the criticism is that industrialized nations aren't living up to those pledges.
BLOOMBERG: I can't speak for other nations. All I know is that America, I believe, will meet its commitment by 2025 to reduce greenhouse gasses by an agreed amount. And if we do it, hopefully, other countries will do it as well.
Q: Do you feel like you're filling a leadership gap?
BLOOMBERG: This is what the American public say they want to do. You have got companies and states and individuals all agreeing to step in, report to the United Nations what our progress is, fulfill our commitment to fund part of it.
However, between now and the Copenhagen Conference next year, we must establish, I think, the preconditions for such progress. Both developed and developing nations must recognize the need to alter their policies and make serious commitments to change. And I believe that our experience in New York City, and the experience of many of the world�s other great cities, too, can help guide that process.
The first precondition for making the Copenhagen negotiations a success, I believe, is that the US, which leads the world in greenhouse gas production, must finally set real and binding carbon reduction targets. And I believe the American people are prepared to accept our responsibility to lead by example.
It�s why, even though our national government has yet to approve the Kyoto Protocol, more than 700 cities in the US, representing more than 80 million Americans, have pledged to meet its goals. And it�s why, later this year, NYC will convene a 2-day conference of representatives from more than 20 major world cities. It will feature experts in such fields as transportation, city planning, public health; and it will address the challenges that the world�s cities share in reducing urban air pollution and curbing climate change.
On climate change, the duck-and-cover usually involves pointing the finger at others. It�s China-this & India-that. But wait a second. This is the United States of America. When there�s a major challenge, we don�t wait for others to act. We lead. And we lead by example. That�s what all of us here are doing.
When we developed our long-term sustainability plan in NYC, which we call PlaNYC, we made no apologies for stealing the very best ideas--and we came up with some of our own, including converting our 13,000 taxis to hybrids or high-efficiency vehicles. This will not only help clean our air and reduce greenhouse gas emissions, it will save each driver about $4,500 a year in gas costs
Cap-and-trade is an easier political sell because the costs are hidden--but they�re still there. There are also logistical issues: The market for trading carbon credits will be much more difficult to police than the market for the sulfur dioxide credits that greatly reduced acid rain.
A direct charge would eliminate the uncertainty that companies would face in a cap-and-trade system. It would be easier to implement and enforce, it would prevent special interests from opening up loopholes, & it would create an opportunity to cut taxes.
In New York, we�ve laid out our own detailed plans for reducing carbon emissions by 30% by 2030, investing in more clean energy sources and creating a truly sustainable 21st century city. And we�re going to hold ourselves accountable for meeting interim goals.
Anybody can set goals for 2050 or 2070--but we�ll never reach them unless we start taking real action now. That�s what California and New York are doing, along with many other cities and states. But the federal legislators, as usual, are way behind the curve--laughably setting goals for some far off time when they�ll all be dead and can�t be held accountable!
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State Rep.Stacey Abrams (D-GA)
Mayor Mike Bloomberg (I-NYC)
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