Former New York City Mayor Michael Bloomberg announced that he will not seek the presidency in 2020. Mr. Bloomberg had been seriously contemplating his bid for the office. “As I’ve thought about a possible presidential campaign, the choice before me has become clear,” he wrote in an opinion piece for Bloomberg News. “I’ve come to realize that I’m less interested in talking than doing. And I have concluded that, for now, the best way for me to help our country is by rolling up my sleeves and continuing to get work done.”

He wrote that he will instead focus his efforts on a new campaign titled “Beyond Carbon,” which he described as a “grassroots effort to begin moving America as quickly as possible away from oil and gas and toward a 100-percent clean energy economy.”