BNN/Bloomberg In case some of you were wondering why the above captioned channel had become the climate change network, Michael Bloomberg, the founder and majority owner of Bloomberg LP the parent company of Bloomberg News committed US$500 million to Beyond Carbon, a campaign aimed at closing the remaining coal-fired power plants in the U.S. by 2030 and halting the development of new natural gas-fired plants. He also started a campaign to close a quarter of the worlds remaining coal plants and cancel all proposed coal plants by 2025.)