New York Mayor Michael Bloomberg is endorsing President Barack Obama for re-election, citing his leadership on climate change.

NY Mayor Michael Bloomberg
NY Mayor Michael Bloomberg (Spencer Platt, Getty Images)
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Bloomberg says in an online opinion piece that Hurricane Sandy made the stakes of Tuesday's presidential election even clearer. He says the climate is changing and that Obama has taken major steps in the right direction.

An independent and former Republican, Bloomberg says GOP presidential candidate Mitt Romney has reversed course on a number of positions.

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