Bloomberg Philanthropies, the non-profit funding arm of billionaire Michael Bloomberg’s activist philanthropic empire, has announced a new round of funding for its Bloomberg Initiative to Reduce Tobacco Use.
The new donation brings total Bloomberg tobacco control spending to nearly $1.6 billion since 2005.
The 80-year-old former New York City mayor has committed to spending a total of $420 million over the next four years. Two-thirds of the money will go toward reducing tobacco use in low- and middle income countries (LMICs), and the remaining $140 million will be spent “reducing e-cigarette use among teenagers in the United States.”
Unfortunately, Bloomberg and his allied organizations believe the only way to reduce adolescent vaping experimentation in the U.S. is to ban flavored products popular with adults—even if prohibiting vapes sends millions back to combustible tobacco.
Jim McDonald – Vaping360 – 2023-02-09.
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