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Bloomberg, the founder of the financial information company by the same name, is a firm believer in the executive powers of city government, referring to the practice of installing energy-efficient electrical equipment in old buildings. "Most of the things we talk about to improve the environment in New York City
-- it's a building code. That's a city function," he said. Bloomberg, who succeeds Toronto Mayor David Miller as C40 chairman, also promised to improve information-sharing among cities during his two-year term by providing comparative studies of cities with similar characteristics. The mayor, who takes the subway to work in New York, was scheduled to ride its Hong Kong counterpart later Saturday before returning home in the evening.
[Associated
Press;
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