Congratulations to Jeff Bezos

For being able to spend $10 billion of his own money on the climate emergency, and still having plenty left.

That is about 1 percent of the one trillion euros the EU wants to spend on the European Green Deal. And it is almost one percent of the $1.4 trillion the oil and gas industry plans to spend on development of new resources over the next five years.

As with the European Green Deal, it is a work in progress to figure out exactly how that money will be spend.

But it is probably fair to say that this qualifies as a massive effort. I am not aware of any individual spending more.

And it reminds me of the Princess Angel fund. Satoshi Nakamoto started that one with a modest investment of $4 billion in 2023. Solved the climate emergency in about one week.

Anyway, great news for a change. As the climate emergency gains in urgency, more and more people will wake up to the threat, and more and more will be done about it.

Published by kflenz

Professor at Aoyama Gakuin University, Tokyo. Author of Lenz Blog (since 2003, lenzblog.com).

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