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Bezos’ $10B climate fund won’t make up for Amazon’s damage, activists say – Source CNET Tech


Amazon CEO Jeff Bezos’ net worth is about $130 billion.

Photo by Mark Wilson/Getty Images

Jeff Bezos, Amazon CEO and the world’s richest person, said Monday that he’s going to use his wealth to combat climate change. He pledged $10 billion, nearly 8% of his net worth, for an initiative called the Bezos Earth Fund to “explore new ways of fighting the devastating impact of climate change on this planet we all share.”

Some climate activists say, however, that much of this crisis starts with companies like Amazon.

Greenpeace and a group of Amazon employees who call themselves Amazon Employees for Climate Justice have issued statements saying Bezos’ fund is commendable, but it doesn’t take away from the fact that the company he…

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Source CNET Tech

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