Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Thursday June 25 2020, @02:37PM   Printer-friendly
from the cleaning-up dept.

Amazon creates a $2 billion climate fund, as it struggles to cut its own emissions:

Investment areas: In a press release, Amazon said the new fund would focus on startups that could help it and other businesses achieve "net zero" emissions by 2040. It will invest across a wide array of industries, including transportation, energy generation, energy storage, manufacturing, materials, and agriculture.

What's behind the move? The Seattle retail giant has come under growing pressure from the public and its own employees to shrink its environmental footprint as the dangers of global warming grow. [...]

Earlier Amazon efforts: Several days later, Amazon committed to achieve "net zero" emissions by 2040, which means it would need to offset any remaining emissions from its operations through investments in carbon removal projects, such as forest restoration or carbon capture machines. In February, chief executive Jeff Bezos, the world's richest person, announced he would donate $10 billion of his personal fortune to scientists, activists, and NGOs working to address climate change.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Thursday June 25 2020, @04:46PM

    by Anonymous Coward on Thursday June 25 2020, @04:46PM (#1012475)

    Must be for funding US-ian LEAs.