Nick Fetty | January 23, 2015
Two charitable groups have donated $48 million so that in can be used in helping states reduce carbon emissions over the next three years.
The plans were announced earlier this week with half the money coming from Bloomberg Philanthropies and the other half from the Heising-Simons family, a California couple devoted to reducing the impact of climate change. This project will provide technical assistance, economic forecasting, and legal analysis to a dozen or so states pursuing clean-energy initiatives. The money will not go directly to the states – which are each responsible for developing their own emissions reduction plans – and will instead go to groups like Environmental Defense Fund and Natural Resources Defense Council which will advise states on strategies for cutting emissions.
“The science on climate change makes it abundantly clear that carbon pollution poses a deep threat to society, to agriculture, and to nature—and that early action is required to avoid these threats,” Mark Heising said in a press release. “New technologies ensure that the solutions to climate change can be cost-effective. This initiative is designed to accelerate those solutions.”
The money is expected to be used to help create renewable energy systems which cause less pollution in the land, air, and water and therefore can improve public health. This donation coincides with President Obama’s Clean Power Plan which he announced in June of 2014 and which allows each state to set its own standards for reducing emissions from fossil fuels