Bloomberg climate group dumps $2.5M into NC lieutenant governor race

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Mike Bloomberg's climate change group is dumping $2.5 million into the North Carolina race for lieutenant governor to support Democrat Yvonne Holley in the final stretch before the election.

"Holley, when elected, will be North Carolina’s first African American Lieutenant Governor, and will serve as president of the Senate, chair of the Energy Policy Council, and will determine the fate of critical legislation," Bloomberg's Beyond Carbon Victory Fund said in a statement.

The group also announced Wednesday that it is spending roughly $2 million to support Democrats running for the Arizona Corporation Commission. 

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"Our Beyond Carbon Victory Fund campaign aims to elect champions of climate action all over the country — at all levels of government where an impact can be made," said Mike Bloomberg. "These races may not make headline news, but I'm glad to support candidates in North Carolina and Arizona who will be leaders on climate action and the urgent work of moving our country more quickly to a 100% clean energy economy."

Beyond Carbon Victory Fund's North Carolina spending includes $2 million on broadcast and local cable through Oct. 19 and $32,000 on radio through the same date. The group is also spending $431,000 on digital ads to run this week. The group is also supporting a Democratic candidate for state legislature, state Senator Kirk deViere.

Michael Bloomberg attends the 2019 American Songbook Gala at Alice Tully Hall at Lincoln Center on June 19, 2019 in New York City. (Photo by Roy Rochlin/Getty Images)

Holley is running for the open seat against Republican Mark Robinson. Both candidates would make history as North Carolina's first Black lieutenant governor. North Carolina's current lieutenant governor, Republican Dan Forest, is not in the race because he is running for governor against incumbent Democrat Roy Cooper.

Bloomberg, Democratic presidential nominee Joe Biden's one-time rival, is spending at least $100 million to get Biden elected in Florida, he announced in September. The money is being funneled through Bloomberg's super PAC Independence USA and other Democratic organizations.

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Bloomberg famously spent nearly $1 billion of his own money on his own failed presidential bid, which lasted less than five months and ended without him winning any major primary contests in the Democratic primary season.

Out of the 1,000 delegates up for grabs, Bloomberg only took dozens and failed to pick up wins in any major states. Instead, he only won the American Samoa caucuses.

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Fox News' inquiry to Holley's campaign was not immediately returned.