To: Winfastorlose who wrote (1202241 ) 2/18/2020 7:29:19 AM From: Wharf Rat Read Replies (1) | Respond to of 1577080 China Shutdown To Crush India’s Already-Crumbling Economy Let's see what that does to CO2 emissions. = Can Bezo's Billions Move the Needle on Climate? February 17, 2020VIDEO Verge: Today, Amazon CEO Jeff Bezos announced that he would be committing $10 billion to fight climate change through a new fund called the Bezos Earth Fund. He announced new fund in a post on Instagram . Bezos said that the money will be used to help scientists, activists, NGOs, and “any effort that offers a real possibility” to help preserve the earth from the impact of climate change. A person close to the fund told The Verge that it would not engage in private sector investment, but focus entirely on charitable giving. The fund plans to begin issuing grants this summer, but right now, there are few hard details besides what Bezos shared on Instagram, so it’s unclear exactly how or when applications for grants will be accepted. Bezos is worth about $130 billion, so committing $10 billion to philanthropy isn’t taking a huge chunk out of Bezos’ net worth. Bezos hasn’t been quite as vocal as other tech billionaires about his philanthropy, though in 2018, he did launch announce a network of free nonprofit preschools to be built in low-income communities. And in 2017, he polled Twitter for philanthropy ideas that could assist people in need in the near-term. Not everyone impressed. Amazon Employees for Climate Justice: This morning, Jeff Bezos announced he is donating $10 billion to his new “Bezos Earth Fund.” Following that news, Amazon Employees for Climate Justice issued the following statement: “The international scientific community is very clear: burning the oil in wells that oil companies already have developed means we can’t save our planet from climate catastrophe. As history has taught us, true visionaries stand up against entrenched systems, often at great cost to themselves. We applaud Jeff Bezos’ philanthropy, but one hand cannot give what the other is taking away. The people of Earth need to know: When is Amazon going to stop helping oil & gas companies ravage Earth with still more oil and gas wells? When is Amazon going to stop funding climate-denying think tanks like the Competitive Enterprise Institute and climate-delaying policy? When will Amazon take responsibility for the lungs of children near its warehouses by moving from diesel to all-electric trucking? Why did Amazon threaten to fire employees who were sounding the alarm about Amazon’s role in the climate crisis and our oil and gas business? What this shows is that employees speaking out works–we need more of that right now. Will Jeff Bezos show us true leadership or will he continue to be complicit in the acceleration of the climate crisis, while supposedly trying to help?”
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