 Bloomberg, who has said in an editorial he believes climate change cannot await favorable political winds, has funded Beyond Carbon, modeled on the effort he had previously co-founded along with the Sierra Club, Beyond Coal, which he credits as contributing to the closing of half of the U.S.'s coal-fired power stations.He has advocated for greatly expanding U.S. healthcare programs to create essentially a hybrid single-payer healthcare he has dubbed "'Medicare for all' for people that are uncovered.