Presidential candidate and former New York City Mayor Michael Bloomberg Michael BloombergTop Democratic super PAC launches Florida ad blitz after Bloomberg donation The Hill's 12:30 Report - Presented by Facebook - Latest with the COVID-19 relief bill negotiations The Memo: 2020 is all about winning Florida MORE is pledging to slash carbon pollution by 50 percent in the U.S. economy by 2030, according to a climate plan unveiled Wednesday.

"Mike will cut carbon pollution economy-wide in the U.S. by 50% by 2030 and put us on the pathway to full decarbonization before mid-century," said a fact sheet outlining the plan.

"This includes immediately prioritizing a push for cleaner buildings in his first term, expanding programs to reduce energy costs for underserved households while simultaneously improving health and safety," it continued.

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Bloomberg's plan aims for new buildings to have carbon-zero and "hyper-efficient" performance by 2025, through methods including "aggressive clean building codes that maximize energy savings."

The White House hopeful also wants to incentivize pollution-free and electric options for people looking to replace appliances or equipment in their buildings or homes such as furnaces and hot water heaters.

"My clean building initiative includes measures to help homeowners, building owners and tenants to upgrade their homes and buildings to save energy and eliminate pollution," Bloomberg tweeted.

My clean building initiative includes measures to help homeowners, building owners and tenants to upgrade their homes and buildings to save energy and eliminate pollution. We’ll especially prioritize people in low-income and underserved communities: https://t.co/djSTb63Ja3 — Mike Bloomberg (@MikeBloomberg) January 15, 2020

The billionaire has previously advocated for limiting fossil fuel emissions, including through funding for the Sierra Club’s Beyond Coal campaign.