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.
(Score: 2) by looorg on Thursday June 25 2020, @10:18PM
I guess they do. It makes people think that their clicks matters. They are doing something and it's so easy to just click on something instead of actually have to do something. The feelz matters.