"Michael Bloomberg's Billion-Dollar Battle Against Fossil Fuels"

Former New York City mayor and billionaire Michael Bloomberg is using his wealth to fund a campaign against the construction of petrochemical plants, aiming to shut down coal and gas power plants and now targeting the petrochemical industry. While his efforts against coal were largely successful, the petrochemical industry presents a tougher challenge as it is booming and highly profitable. Bloomberg's campaign, called Beyond Petrochemicals, has achieved some wins, but the industry is fighting back with its own counter-effort. Supporters argue that petrochemicals are essential for modern life, but opponents highlight their contribution to greenhouse gas emissions and the negative impact on local communities.