The world's
richest man
announced that
he is committing
$10 billion to fight
climate change:
"Today, I’m thrilled
to announce
I am launching
the Bezos Earth Fund.
Climate change
is the biggest threat
to our planet.
I want to work
alongside others
both to amplify
known ways and to
explore new ways
of fighting the
devastating impact
of climate change
on this planet
we all share.
This global initiative
will fund scientists,
activists, NGOs
— any effort
that offers
a real possibility
to help preserve
and protect
the natural world.
We can save Earth.
It’s going to take
collective action
from big companies,
small companies,
nation states,
global organizations,
and individuals.
I’m committing
$10 billion to start
and will begin
issuing grants
this summer.
Earth is the one thing
we all have in common
— let’s protect it, together.
- Jeff"
Left unsaid:
Bezos expects
his own investment
to lead to far more
"contributions"
to the ESG ETFS
climate change
fund.
Future investors
will donate to
the ESG ETFS,
where Bexos's
Amazon stock
( with Amazon's army
of internal combustion
engine delivery trucks ! )
is one of the top
investment holdings.
Assuming the money
is pouring in faster
than grants are made,
the contributions
will bid up the price
of Amazon stock.
Nice to know:
Readers of the Honest
Global Warming Chart
blog know much more
about real climate science
than the richest man
in the world !
When he claims
"Climate change
is the biggest threat
to our planet. ",
it makes me
burst out
laughing.
The slight
global
warming
after 1975
has been
great news.
The warming has
mainly been in high
( cold ) latitudes,
mainly in the coldest
six months of the year,
and mainly at night.
Bezos must believe
that the warmer
winter nights
in Alaska
have been
bad news ...
so slightly warmer
future winter nights
in Alaska will be:
"the biggest threat
to our planet" ?
So,
not only is Bezos
the richest man
in the world,
but Bezos also has
a sense of humor.
Warmer winter nights
in Alaska would be
a catastrophe ?
Bezos has started
a climate change
investment fund
where his
own company
is the third largest
investment !