Stories tagged "Bloomberg"

June 11, 2019

Michael Bloomberg Pledges $500M to Shut Coal Plants

Former New York Mayor Michael Bloomberg pledged in a graduation speech at MIT late last week to spend $500m on a campaign focused on persuading state and local governments to speed the closure of the 241 remaining coal-fired power plants in the U.S. and to end the...

May 15, 2019

Plunging Battery Prices Will Drive EV Price Parity Within a Decade

The rapid decline in battery prices for electric vehicles will make them far more affordable in the near term, and as a result, the age of gas-powered vehicles may end sooner than experts previously thought, according to a new report from Bloomberg NEF. In the annual...