News

Amazon founder Jeff Bezos commits $10 billion of his own money to fight climate change…not salary increases for warehouse workers

  • Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change 
  • The world’s richest man said in an Instagram post that he’ll start giving grants this summer to scientists, activists and nonprofits working to protect the earth 
  • Amazon, the company Bezos runs, has an enormous carbon footprint
  • The online retailer relies on fossil fuels to power planes, trucks and vans in order to ship billions of items all around the world 
  • Amazon workers in its Seattle headquarters have been vocal in criticizing some of the company’s practices, pushing it to do more to combat climate change 

Amazon founder Jeff Bezos says he will spend $10 billion of his own $130 billion fortune to help fight climate change by setting up the Bezos Earth Fund.

Bezos, the world’s richest man, said in an Instagram post on Monday that he will start giving out grants this summer to scientists, activists and nonprofits working to protect the earth.

‘I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change,’ Bezos said.

His monetary pledge will account for about 7.7 percent of his $130 billion fortune.

Amazon, the company Bezos runs, has an enormous carbon footprint.

The online retailer relies on fossil fuels to power planes, trucks and vans in order to ship billions of items all around the world. Amazon has also been criticized for creating large amounts of waste from the packaging it delivers its products in.

Amazon workers in its Seattle headquarters have been vocal in criticizing some of the company’s practices, pushing it to do more to combat climate change.

MORE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s